After john palson gave his 400 million dollars to harvard in 20 15, i had a kind of twitter melt down. I said that stanford was part of a crazy arms race and ought to cut its endowment in half. The next day, i got an email from the president of stanford, john hennessy,. He wanted to get together and convince me i was wrong. So i talked to him, and we'll get to that conversation in a minute. For now i will only say that i was completely baffled by my talk with hennessy. It was as if he and i were speaking different languages. What are they thinking? Let me rut an
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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