John Hennessy is the 'anti-rowan' philanthropist. He wants to focus his billions on the super stars, rather than starting at the bottom and lifting people up. John's criticism of philnight donation led him to get in touch with me. The endowment when fromwhat? From 11 to 22 is outright!
In the early ’90s, Hank Rowan gave $100 million to a tiny public university in Glassboro, New Jersey: not Harvard, not Yale, not even to his alma mater, MIT. What was Rowan thinking? And why has it proven so difficult for other philanthropists to follow his lead?
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