UPenn donor dominoes fall
Another major donor to the University of Pennsylvania has pulled his support over the college’s failure to condemn the Hamas terrorist attacks — and even more are considering following suit.
David Magerman (inset), who helped build Renaissance Technologies, slammed his alma mater’s “misguided moral compass” and said he will “refuse to donate another dollar to Penn” in a letter to president Elizabeth Magill and board chair Scott Bok posted to X.
“Over the past month,
I have been deeply embarrassed by my association with and support for the University of Pennsylvania,” he wrote in the letter Monday.
“The leadership of the university has failed to demonstrate the values I expect from an institution that purports to educate young adults and prepare them for a lifetime of leadership and to be emissaries for good in the world.”
Magerman hammered Magill and Bok for their “fierce support for the Hamas-affiliated speakers at the Palestine Writes Festival, followed by your equivocating statements about the heinous acts of barbarism perpetrated by the same Hamas you allowed these speakers to promote.”
The pro-Palestinian festival included author Aya Ghanameh, who has called for “Death to Israel,” and writer Randa AbdelFattah, who has said Israel is a “demonic, sick project” and that she “can’t wait for the day we commemorate its end.”
Pink Floyd rocker Roger Waters, who has been banned from UPenn over previous allegations of antisemitic remarks, took part in the event by Zoom. Following the attack on Israel, critics say, Magill failed to appropriately condemn Hamas for its actions.
In a statement to The Post, Magill said: “Alumni are important members of the Penn community. I hear their anger, pain, and frustration and am taking action to make clear that I stand, and Penn stands, emphatically against the terrorist attacks by Hamas in Israel and against antisemitism.”
Meanwhile, Ronald Lauder, heir to the Estee Lauder empire, said he would “re-examine” his UPenn support.