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Friends parents are considering donating $20-60 mm inheritance to universities

My friend is pissed because his parents are loaded, but it i...
Vivacious philosopher-king lettuce
  06/28/25
giving millions to a modern shitlib university is worse than...
Domesticated Azn Digit Ratio
  06/28/25
...
Flickering piazza
  06/28/25
...
impertinent zippy property idiot
  06/29/25
...
indigo vigorous senate
  06/29/25
...
diverse hot shitlib
  06/30/25
he would be justified in murdering his parents before allowi...
aphrodisiac mexican
  06/28/25
the parents sound like horrible people.
Appetizing crimson stag film
  06/28/25
rank the prestige of the universities and their endowments
Irate tank athletic conference
  06/28/25
Top 10 and Top 100 - I'd feel better if they gave it to ...
Vivacious philosopher-king lettuce
  06/28/25
it doesnt matter the rank. it can buy millions of people fre...
Appetizing crimson stag film
  06/28/25
think of all the adminstrators who could make an extra 25k a...
aphrodisiac mexican
  06/28/25
*negative value
Appetizing crimson stag film
  06/28/25
I had a client in his 80s with a net worth of maybe 4 millio...
Provocative Dragon Newt
  06/28/25
The best part is (i) their grandkids probably will never...
Vivacious philosopher-king lettuce
  06/28/25
How do colleges do this? They have some kind of sales people...
Smoky hunting ground
  06/28/25
This was a small, local private college that seems to teeter...
Provocative Dragon Newt
  06/28/25
they hire nigerian prince fisher scammers once they complete...
Appetizing crimson stag film
  06/28/25
they have an entire staff of people devoted solely to fleeci...
aphrodisiac mexican
  06/28/25
Yes - we have a friend who does this. They have special tool...
Vivacious philosopher-king lettuce
  06/28/25
many jewish charities have fundraisers who work on straight ...
Sooty range crotch
  06/28/25
a college friend of mine does this for a major university. s...
diverse hot shitlib
  06/30/25
should be illegal to give money to universities
mentally impaired pearly dog poop theatre
  06/28/25
...
submissive rigpig jewess
  06/28/25
...
demanding spectacular halford
  06/29/25
boomers are irredeemable scum 😂
contagious overrated cruise ship corn cake
  06/28/25
Pissing away their fortune. Hard to imagine giving it all t...
Buff Insecure Sweet Tailpipe
  06/28/25
Are they are buying a name for something with this? Maybe a ...
Swashbuckling Cruel-hearted Gaping
  06/29/25
In other news about how ill advised this is, TEH Ohio State ...
poppy chad
  06/30/25
If they're earmarking it for research funding then CR. If i...
Autistic Coffee Pot
  06/30/25
I think research can be legit. But my guess it will be e...
Vivacious philosopher-king lettuce
  06/30/25


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Reply Favorite

Date: June 28th, 2025 9:19 PM
Author: Vivacious philosopher-king lettuce

My friend is pissed because his parents are loaded, but it is sounding like him and his siblings may not inherit the fortune - the bulk of it is going to go to universities.

The friend is probably a little mad they're not going to get a free $20 mm, but is also pissed because they think their parents legacy is just going to get eaten up by these schools (which have entire depts to scam boomers like this) and five years after the parents are dead the university will not give a shit about them at all.

I get why the parents don't want to just give $20 million to their kids, and suggested his parents put in a trust so future generations could use it to pay for education or a downpayment on a house or something.

At the very least they could give the money to a local charity or school that actually needs the money - rather than one that has $10 billion and still makes kids take out $250,000 in loans to attend.

I get that it isn't his money, but he's not wrong that this is the dumbest thing his parents could do with it.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057052)



Reply Favorite

Date: June 28th, 2025 9:23 PM
Author: Domesticated Azn Digit Ratio

giving millions to a modern shitlib university is worse than converting your assets to paper cash and lighting the pile on fire, and that's not hyperbole.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057061)



Reply Favorite

Date: June 28th, 2025 10:39 PM
Author: Flickering piazza



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057208)



Reply Favorite

Date: June 29th, 2025 2:49 AM
Author: impertinent zippy property idiot



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057498)



Reply Favorite

Date: June 29th, 2025 3:29 AM
Author: indigo vigorous senate



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057519)



Reply Favorite

Date: June 30th, 2025 9:36 AM
Author: diverse hot shitlib



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059973)



Reply Favorite

Date: June 28th, 2025 9:26 PM
Author: aphrodisiac mexican

he would be justified in murdering his parents before allowing them to do that, they are pissing on their own children and grandchildren in favor of evil and wasteful colleges, I cannot fathom the depths of selfishness necessary to not pass down wealth to your fucking grandchildren, my parents boom plenty but they would never consider taking anything away from my niece, ever

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057068)



Reply Favorite

Date: June 28th, 2025 9:37 PM
Author: Appetizing crimson stag film

the parents sound like horrible people.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057097)



Reply Favorite

Date: June 28th, 2025 9:37 PM
Author: Irate tank athletic conference

rank the prestige of the universities and their endowments

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057098)



Reply Favorite

Date: June 28th, 2025 9:44 PM
Author: Vivacious philosopher-king lettuce

Top 10 and Top 100 -

I'd feel better if they gave it to a community college or something

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057112)



Reply Favorite

Date: June 28th, 2025 9:45 PM
Author: Appetizing crimson stag film

it doesnt matter the rank. it can buy millions of people free chipotle at any school.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057115)



Reply Favorite

Date: June 28th, 2025 9:48 PM
Author: aphrodisiac mexican

think of all the adminstrators who could make an extra 25k a year while providing absolutely no value whatsoever to society? What could be more charitable?

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057121)



Reply Favorite

Date: June 28th, 2025 9:50 PM
Author: Appetizing crimson stag film

*negative value

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057125)



Reply Favorite

Date: June 28th, 2025 9:58 PM
Author: Provocative Dragon Newt

I had a client in his 80s with a net worth of maybe 4 million who got convinced by a local shitcollege to give them 1 million.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057137)



Reply Favorite

Date: June 28th, 2025 10:03 PM
Author: Vivacious philosopher-king lettuce

The best part is

(i) their grandkids probably will never get into the schools because there's no money left

(ii) if they do get in, everyone will assume that its because the dining hall is named after them

(iii) Even though the dining hall is named after them, they'll have to go $300,000 in debt to attend teh school

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057145)



Reply Favorite

Date: June 28th, 2025 10:10 PM
Author: Smoky hunting ground

How do colleges do this? They have some kind of sales people going door to door? Do they get paid on commission when they land a huge whale like that?

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057155)



Reply Favorite

Date: June 28th, 2025 10:14 PM
Author: Provocative Dragon Newt

This was a small, local private college that seems to teeter on the edge of insolvency. Not sure if they have a staff for that. The president is really active in the community and he may have been the point man on this. The guy's kids brought him to me after the money was gone.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057165)



Reply Favorite

Date: June 28th, 2025 10:36 PM
Author: Appetizing crimson stag film

they hire nigerian prince fisher scammers once they complete their two-week sentence in prison

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057202)



Reply Favorite

Date: June 28th, 2025 10:38 PM
Author: aphrodisiac mexican

they have an entire staff of people devoted solely to fleecing aging alumni out of their retirements and inheritances, they sell them on tax benefits and legacy, it is vile, evil stuff they do

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057205)



Reply Favorite

Date: June 28th, 2025 11:12 PM
Author: Vivacious philosopher-king lettuce

Yes - we have a friend who does this. They have special tools where they can look up your asset a couple of clicks beyond the typical tax records to figure out what alumni have assets.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057251)



Reply Favorite

Date: June 28th, 2025 10:41 PM
Author: Sooty range crotch

many jewish charities have fundraisers who work on straight commission

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057210)



Reply Favorite

Date: June 30th, 2025 9:38 AM
Author: diverse hot shitlib

a college friend of mine does this for a major university. she's a very pleasant person and she gets assigned to make friendships with specific older alums.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059975)



Reply Favorite

Date: June 28th, 2025 10:03 PM
Author: mentally impaired pearly dog poop theatre

should be illegal to give money to universities

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057143)



Reply Favorite

Date: June 28th, 2025 10:35 PM
Author: submissive rigpig jewess



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057199)



Reply Favorite

Date: June 29th, 2025 5:44 AM
Author: demanding spectacular halford



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057535)



Reply Favorite

Date: June 28th, 2025 10:59 PM
Author: contagious overrated cruise ship corn cake

boomers are irredeemable scum 😂

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057234)



Reply Favorite

Date: June 28th, 2025 11:26 PM
Author: Buff Insecure Sweet Tailpipe

Pissing away their fortune. Hard to imagine giving it all to a university. Unreal

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057286)



Reply Favorite

Date: June 29th, 2025 7:00 AM
Author: Swashbuckling Cruel-hearted Gaping

Are they are buying a name for something with this? Maybe a building name is out of reach with such a middling sum, but what about an endowed chair?

The [X] Family Chair of Boomer Studies, or something like that

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057558)



Reply Favorite

Date: June 30th, 2025 9:21 AM
Author: poppy chad

In other news about how ill advised this is, TEH Ohio State law school is back in the news for blatantly stealing from their giant donor AND having adjusted Ohio law to prevent the donor from suing.

https://taxprof.typepad.com/taxprof_blog/2025/06/legislature-again-rejects-proposal-to-allow-donor-to-sue-over-alleged-misuse-of-ohio-state-law-school-naming-gift.html

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059952)



Reply Favorite

Date: June 30th, 2025 9:27 AM
Author: Autistic Coffee Pot

If they're earmarking it for research funding then CR. If it's to pay for a dorm or something that's dumb.

Of course lol @ the shitkids who have to work for a living.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059965)



Reply Favorite

Date: June 30th, 2025 8:44 PM
Author: Vivacious philosopher-king lettuce

I think research can be legit.

But my guess it will be earmarked for the "XYZ chair of Chemistry" or something - which to me is no different than giving it to a dorm or a cafeteria since money is fungible.

They're just going to shift the money saved to DEI consultants and admins.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49061920)