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OUR COMMITMENT TO YOU

The New Yorker

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April 28, 2025

Dear members of our university community:

- BY CORA FRAZIER

OUR COMMITMENT TO YOU

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.

The New Yorker

यह कहानी The New Yorker के April 28, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

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