The Harvard Piggy Bank is Getting Lighter

It's beginning to look a lot less like Christmas for Harvard University's coffers. The Harvard Crimson reported on Tuesday that billionaire hedge fund manager and huge donor Kenneth C. Griffin would be pausing his donations to the institution of woke learning.

Griffin threw $300,000,000 to the Faculty of Arts and Sciences in the past. He said during his keynote address to the Managed Funds Association in Miami on Tuesday that he is putting a pause on his purse due to the DEI woke policies of the university.

 

“I’d like that to change and I have made that clear to members of the corporate board,” he said, referring to the garbage policies Harvard has implemented. “But until Harvard makes it very clear that they’re going to resume their role as educating young American men and women to be leaders, to be problem solvers, to take on difficult issues, I’m not interested in supporting the institution.”

Griffin, 55, said he was tired of  "whiny snowflakes" promoting their far-left, progressive yet backward ideas like Diversity, Equity and Inclusion programs.

“Will America’s elite university get back to their roots of educating American children – young adults – to be the future leaders of our country or are they going to maintain being lost in the wilderness of microaggressions, a DEI agenda that seems to have no real endgame, and just being loss in the wilderness?” he asked.

Griffin, who is the owner and CEO of Citadel, is also not a fan of Jew hatred. He confirmed that he will follow the lead of Bill Ackman and refuse to hire those anti-Semites who signed an open letter calling for the boycott of Israel after Hamas, Palestinian Islamic Jihad and civilian Gazans butchered, tortured, burned and beheaded people of Israel last October 7.

The hedge fund manager, who graduated from the university in 1988, has donated, to date, a staggering $500 million to the university.

His generosity was acknowledged by the Crimson, which explained:

Griffin is arguably one of the most generous Harvard donors in the University’s modern history. The Harvard Graduate School of Arts and Sciences is named after him as well as Harvard College’s financial aid office. His decision to stop donating could have major financial implications for the University, which is already struggling to contain a wave of donor backlash.

Griffin is the second billionaire donor to suspend contributions to the university in recent months. Billionaire philanthropist Leonard V. Blavatnik, who gave $200 million to Harvard Medical School in 2018, similarly announced late last year that he would be suspending his donations to the institution.

In October, after the attack in Israel, shipping and chemicals magnate Idan Ofer and his wife Batia -- worth an estimated $14 billion -- resigned from the executive board of Harvard's Kennedy School of Government due to their anger about the anti-Semitic student groups on campus that supported the Hamassholes. 

Griffin's announcement comes several weeks after the university's far-left Erkel-look-alike president, Claudine Gay, reluctantly announced her resignation after giving Congressional testimony in which she refused to condemn calls by Harvard students for genocide as well as a growing body of evidence that she was a serial plagiarizer.

Despite her obvious failures, Gay repeatedly refused to resign and reportedly threatened to sue Harvard University if she were removed. She now just teaches wokeness and earns over $900,000 annually.

Eventually, she succumbed to the pressure and handed in her resignation, although somewhat predictably blamed it on "personal attacks and threats fueled by racial animus" rather than her personal failures.

When in doubt, shout racism!

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