If you’ve kept an eye on the news lately, you’ve likely heard about the recent mega gift to Harvard University courtesy of John Paulson totaling $400 million.
Four. Hundred. Million. $400,000,000. A four with eight zeros after it.
He must have really small handwriting to be able to fit that on a check…
There’s been no shortage of opinions on the gift. In fact, in my Google Alert file I keep on major gifts, I saw one headline that read “Essay urges people to applaud Harvard's fund-raising success” and right below it another one that read “Essay criticizes the $400 million gift to Harvard.”
Everyone has something to say, and a lot of it is very compelling.
But aside from the Should-He/Shouldn’t-He debate, there are lessons to be learned for fundraisers.