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VIP Donor Preferences Cont’d
Some people, how naive of them, wrote in to ask if the College really gives preferences to big donors these days. Ha! The truth is that if you are a muckymuck like Sony CEO Michael Lynton, there is a dedicated staffer in the Dartmouth Development Office to show you and your daughter around campus. How solicitous of the College:
And such gentle phrasing: “I work with families as they go through the admissions process at Dartmouth.” That’s interesting. Nobody worked with my family. Did someone work with yours? Wait! Don’t answer that!
You can fairly expect that the College’s care extends to more than guided visits to Hanover. I just wonder if there is a set price list for an admittance, something like: you’ll need to make an upfront donation of a $1 million, plus $10,000 for every point your kid’s average SAT score is below 700. Score only 600, pay two million smacks, in you come. Or perhaps the price is higher?
If you want Jeff Sassorossi to work with your family, you can find out the details of the assistance that he can provide by calling him at 603-646-3657, or just drop him an e-mail: Jeff.T.Sassorossi@Dartmouth.edu. It will be interesting to see if he has time for you if your family’s net worth is anywhere south of $100 million.
Of course, Leon Black ‘73 is a former Trustee (and #105 on the Forbes 400; net worth: $3.5 billion) and the benefactor of the Black Arts Center.
This is all so very cosy. Who says that America does not have an aristocracy with its attendant privileges?
Addendum: A reader sends in a link to The Unz Review:
Here’s some fun gossip I heard from a fellow about the Harvard Number. He’s a reasonably well connected gentleman. On the other hand, he’s my only source for this and I don’t have the connections to check up on this, so take it for whatever it’s worth.
The Harvard Number is the amount of money Harvard would want as a donation for accepting your kid as an undergraduate. It’s not the kind of information they post on their website. You have to ask the right people in the right manner.
He said he just found out that the current Harvard Number — assuming your kid’s
application was “competitive” (i.e., there’s some chance your kid would get in even if you didn’t write a check) — is $5 million.
If your kid’s “not competitive,” then it is $10 million.
If there are about 1,800 freshmen at Harvard each year, then Harvard could admit, say, 100 competitive applicants whose fathers (typically, hedge fund guys) write the Harvard Number on a check — without tangibly lowering the quality of the class. That’s, theoretically, a half billion per year in virtually free money. How could an institution resist that temptation?
Quid pro quo arrangements aren’t supposed to be tax deductible as charity, but how often does the IRS get the goods on this? In practice, a big chunk of the Harvard Number gets refunded by the taxpayers.
August 14, 2013
Breaking: Of Crips and Bloods and Memories of Ghetto Parties
History repeats itself, first as tragedy and then as farce, or sometimes it just repeats itself. From the New York Times on November 30, 1998: At Dartmouth College, white students at a ”ghetto party” dressed…
June 25, 2013
Dean of the College Charlotte Johnson’s War on Students Part (2/2)
Part 1, Part 2 Today’s post again recounts the events that befell the Freshman. However, the content of the Hanover Police department report reproduced in this space yesterday is supplemented by information from my own…
October 18, 2009
When Love Beckoned in 52nd Street
We were at San Francisco’s BIX last evening, enjoying prosecco, cheese, and a bit of music. A full year of inhabitation in Northern California has unraveled to me no decent venue for proper lounging, but…
October 9, 2009
D Afraid of a Little Competish
So our colleague and Dartblog writer Joe Asch informed me that the D has rejected our cunning advertising campaign. Uh-oh. The Dartmouth is widely known as a breeding ground for instant New York Times successes,…
September 4, 2009
How Regents Should Reign
As Dartmouth alumni proceed through the legal hoops necessary to defuse a Board-packing plan—which put in unhappy desuetude an historic 1891 Agreement between alumni and the College guaranteeing a half-democratically-elected Board of Trustees—it strikes one…
August 29, 2009
Election Reform Study Committee
If you are an alum of the College on the Hill, you may have received a number of e-mails of late beseeching your input for a new arm of the College’s Alumni Control Apparatus called…
- The Dartmouth College Case
- 2007 Trustee Election
- Dartmouth Constitution
- Sunday Morning Sinatra
- The Indian Wars
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