Skip to comments.Investigation Prompts Schools to Report $6.5 Billion in Undisclosed Foreign Gifts and Contracts
Posted on 10/20/2020 5:10:41 PM PDT by E. Pluribus Unum
Universities in the United States reported $6.5 billion in previously undisclosed gifts and contracts from foreign sources as a result of an investigation by the Department of Education.
Federal law requires universities to disclose substantial foreign gifts and contracts to the Department of Education (DOE) twice a year. Many have for years failed to do so, while others have underreported. After the department opened an investigation into the matter in 2019, 60 schools that had never complied with the law disclosed $350 million in previously unreported foreign funds, according to a report (pdf) released by the DOE on Oct. 20.
Education Secretary Betsy DeVos unveiled the findings of the report at an event on Oct. 20, alongside officials from the Justice Department and the State Department.
The threat is real, so we took action to make sure the public is afforded the transparency the law requires, Devos said. We found pervasive noncompliance by higher-ed institutions and significant foreign entanglement with Americas colleges and universities.
The vast majority of the foreign funds went to Americas largest and most prestigious universities, which have received billions in assets through a bevy of intermediaries. All of the institutions involved are in the meantime dependent on U.S. taxpayer subsidies while operating largely divorced from any sense of obligation to our taxpayers or concern for our American national interests, security, or values, the report states.
(Excerpt) Read more at theepochtimes.com ...
I can’t believe what I keep reading and reading and reading.
This country has become a crooked oligarchy, save for Trump, who is trying to bring it down.
The vast majority of the time I am so thankful to Trump for exposing what is real.
A tiny bit of the time I wish I could go back to ignorant bliss.
But just a tiny bit of the time.
Explains a lot, yes?
It’s almost like there is a swamp that needs to be drained. Can’t wait for the free press in America to look into this
EVERY PENNY of aid these schools received while failing to disclose such funds needs to be reimbursed.
So for $6 bill the Chinese co opted the American Labs. Pretty good deal. To bad our Govt doesn’t get creative like this. We’d save a ton of money.
Lock them (those university bureaucrats) up!
Wanna stop this crap? Lock up the entire board of directors of these schools that are failing to report foreign contributions.
Biden Center Under Investigation for Illegal Donations From China
DB Daily Update | David Blackmon Posted on 5/25/2020, 9:19:56 AM by EyesOfTX
If the label says Biden, it was definitely influenced by China. John Solomon at JustTheNews.com is reporting that The National Legal and Policy Center has asked the U.S. Department of Education to investigate its findings that the University of Pennsylvania (Penn) has over the past several years accepted more than $22 million in anonymous China-originated donations to its Biden Center and failed to properly disclose the contributions.
From Solomons report: The complaint, filed by the National Legal and Policy Center, says that over the past three years, the university has accepted around $22 million in anonymous funding from Chinese sources. Thats out of a total of more than $70 million from Chinese donors during that time, the NLPC said. Those significant funds, including the anonymous amounts, rolled in after the Biden Center was announced in early 2017 and launched in February 2018. The center is located in downtown Washington, D.C.
Federal records show that the University of Pennsylvania has received significant donations from China since the opening of the center. One 2018 donation alone totals $14.5 million; it is listed as anonymous in federal records. The NLPC alleges the university may have violated federal law in accepting those anonymous monetary donations. The Higher Education Act mandates schools report the national origins of any donations above $250,000 although not necessarily the individual names of donors themselves. [End] This serves as just one more reminder that Biden, his son and his brother have long been in the pockets of Chinese interests. The stark reality facing our country today is that, should Biden manage to win the election in November, all of the gains President Donald Trump has made through the sheer force of his will in terms of U.S./China relations and trade policy will be immediately reversed the day after Biden assumes office.
If you like the fact that virtually all U.S. antibiotics and PPE are sourced through China at some point along their supply chains and want it to stay that way, vote for Biden. Because that would be a fait accompli should he win. There are trillions of dollars at stake, and Creepy Uncle Quid Pro China Joe wants to ensure his family continues to get its fair share.
Good grief...Every direction ya look, it’s wide spread government corruption.
It’s effing unreal.
Who knows?....I heard somewhere it was all from mostly harmless Amish Countrys.......They tend to stay in the shadows and most people cant name even 1 of them.....although I understand they all speak the same language........I'm sure the FBI and CIA have been monitoring them for years so nothing to worry about.......and to quote the Famous Harvaaard graduate and CNN analist Jeffery Toobin....move along...nothing to see here......./s
Suggestion: Any University receiving monies from foreign countries not approved by the government forfeits and is denied any US funds, including student loans.
Ha! Cute idea!
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