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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 03-28-2003, 09:28 PM   #1
deliriumtremens
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Join Date: Sep 2001
Posts: 206
donations from billionaires to universities

Why do billionaires donate so much money to universities?
Is it a long-term, medium-term or short-term investiment?
Do students always repay the favour? Do they have to?
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Old 03-28-2003, 09:29 PM   #2
Sly_RJ
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It's usually the college they attended. They'll usually have a building or something named after them.
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Old 03-28-2003, 09:38 PM   #3
FlyingIguana
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either the school they attended or the school they want their kids to attend
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Old 03-28-2003, 09:40 PM   #4
iroc409
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it's tax-deductible, no?
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Old 03-28-2003, 09:42 PM   #5
BrettJ
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they don't have to do it.

there are huge tax benefits to it in the US.

and yeh, we are shameless - the schools name buildings for them - and that strokes their egos.

the microsoft clan 'owns' a bunch of the buildings on UW campus =) Mary Gates hall (mother gates), William H Gates Law School (daddy gates - he is also a regent - kind of like a board of director for the school), there is Paul Allen Library, okay drawing a blank on the rest of them...

~brett
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Old 03-28-2003, 10:07 PM   #6
sextoyking
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Go Huskies Brett!!

Miss seeing them play. grew up in seattle
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