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OUR COMMITMENT TO YOU
The New Yorker
|April 28, 2025
Dear members of our university community:
Over the past weeks and months, our institution has been under unprecedented attack. Many on our campus and beyond are fearful, and are looking to us for leadership. I would like to take this opportunity to reassure each and every community member of my deep and unwavering commitment to the safety of our endowment.
To students, faculty, and staff who may be wondering, Will our endowment be called names?, the answer is no. Will our endowment be shouted at, as it sits quietly in various financial institutions? Of course not. Will our endowment face law-enforcement raids as it goes about its business, accruing further wealth? Let me be clear: No.
As your president, I will physically throw myself between federal law enforcement and the New York Stock Exchange, where exchange-traded funds, including those in our endowment, are traded. Endowments, you are safe here.
This story is from the April 28, 2025 edition of The New Yorker.
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