Posted on 10/25/2010 11:21:28 AM PDT by marshmallow
Contributions to the University of Notre Dame fell by over $120 million during the fiscal year in which President Barack Obama was awarded an honorary degree. Several dozen bishops criticized the university’s decision during the months preceding the May 17, 2009, commencement ceremony, and an alumni group called for the withholding of donations.
During the July 2008 - June 2009 fiscal year, gifts to the university totaled $226,689,374, including $60,133,035 in government grants. During the July 2007 - June 2008 fiscal year, in contrast, gifts totaled $347,155,514, including $62,241,121 in government grants. Thus most of the decline in contributions was in private donations rather than government funding.
The decline in donations largely coincided with the late-2000s recession, which officially began in December 2007 and ended in June 2009.
During the July 2006 - June 2007 fiscal year, gifts to the university had totaled $309,743,862, including $61,218,074 in government grants.
Obama is the ultimate donation cooler. LOL!
Baby Killer school that loves partial birth abortion Muslims. I loathe ND. Fighting Irish Babykillers.
Past Alumni would be from the days when Notre Dame WAS a Catholic College.
Seeing an Elderly Pro-Life Priest dragged off the campus under arrest merely for exercising free speech and defending the Roman Catholic Viewpoint on Abortion MUST have offended at least SOME of them!
Expect ND to state: “The administration of ND cares more about our values than about chasing money.”
Then expect them to issue meaningless statements that appear to abandon some of their leftist values - so that they have an easier time chasing money.
Yet another reason to root for Navy.
The list, ping
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All those priests and protestors are still being prosecuted, aren’t they?
Oh...but they will not get MORE gub’ mint money.
Larry Summers managed Harvard’s endowment fund into losses before obama appointed him as his “economic advisor”
Now he’s had 2 years to do the same for the overall economy
Lou Holtz, on ESPN, said that he wanted to report a BIG SCANDAL..that the USNA was devoting more time to football than training future officers..the drop in donations is because of the team the last few years..
I honestly don’t know...do You? Any info you have would be helpful.
He didn't manage them. The professionals that manage the
endowments couldn't convince Summers and the trustees
(Harvard calls a "trustee" something else, plagiarist, maybe...no
"Overseer", iirc) that the expected returns were going to be much
lower, so "Control the spending...."
Summers et al ignored the warnings, and spent in to the principal, like Walter Matthau...
I know I hold Notre’ Dame in much less esteem after this fiasco.
I will again root for whoever they play in football.
Listen, ANYONE or anything that backed this marxist, “magic nego”, is garbage in my book.
I hope it’s because they were outraged at BenitObama’s appearance at ND.
Have you seen this? Good news.
Shocking (Sarc/)
Notre Dame is no longer a Catholic University. It is a bastion of LEFTIST secular humanism, liberation theology, multiclulturalism, and moral relativism. It is overrun by Marxists.
The 8th Sacrament: Extermination of the Unborn.
Notre Dame disgraces its very name. Touchdown Jesus is not smiling kindly on the Golden Dome.
Ave Maria University is the place for devout Catholics to go to now. #1 Catholic school; top 25 academically. Naples FL.
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