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College and University Discussion
Reply to "The legal way a hedge fund billionaire gets his kids into elite colleges"
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[quote=Anonymous][quote=Anonymous]You'll find the same thing for other super wealthy people, I'm sure this is common in the top of the VC/PE/HF world. I was looking at someone's 501c3 for their personal foundation and they donated 3.1 million to their Ivy alma matter the year before one kid applied and 2.1 million the year before the second applied. Both were admitted - I assume they had different level stats and the donations other years were much smaller (less than 20k usually). [/quote] We see this at our private - the ivies with their huge endowments are quite money grubby[/quote]
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