The university's primary source of income is oil lands in West Texas that were bequeathed to them. But, like any university, fundraising is a major focus.
I find Faulkner's words fascinating in that there must have been quite a sh*tstorm for him to so publicly rebuke a member of the faculty. I suspect there *is* a lot of heat and we need only to keep up the pressure.
Surely he realizes the black eye this guy has given the college that he oversees. And if he *does* take any action, you can bet the howls of censorship and intolerance will be cried amidst the halls of academia. But if Jensen makes himself too great a liability, rest assured his days will be numbered.