Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Didn’t they get a $40 mil donation recently?
No one gives money to improve aging infrastructure. Big gifts like this are always earmarked for something specific—scholarships, a new academic center, research, professorships. And when gifts are for capital projects, it’s never dorms; donors get excited about state-of-the art academic buildings, stadiums, etc.
Mold remediation comes out of operating budget.
Is that true? When we've toured colleges with our kids, more often than not the dorms have naming rights to donors. A famous example would be Princeton, where former eBay CEO Margaret Whitman, donated $30M for her own dorm. Houses 500 kids.

I’m in higher ed fundraising at at a big-name school, and it’s certainly true in my experience. Clearly there are exceptions, and my “never” above should have said “rarely.”
Also, making a gift to construct a single, fancy dream dorm is very different from funding repairs to aging dorms, which was the larger point of my post. Donors fund splashy things or things that make for a strong story, and institutions know that they can’t credibly ask donors to pay for basic operational things (safe, functional living spaces) that are taken as a given.