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Zorro

(16,313 posts)
Fri Mar 10, 2023, 03:54 PM Mar 2023

New College loses at least $10 million in donations after DeSantis' takeover, alum says

A former New College of Florida Board of Trustees member who has spoken to a number of major donors about their giving plans since Gov. Ron DeSantis began transforming the school says 11 told her they are canceling more than $10 million in planned contributions, a huge financial blow to the small Sarasota school.

Charlie Lenger served on the New College board until Jan. 6, when DeSantis replaced her in a dramatic move that saw six conservative board members appointed with a mandate to transform the college.

A Sarasota resident who founded a plant leasing company in 1981 that grew out of her senior thesis at New College and now has 45 employees, Lenger also served on the New College Foundation board for 35 years, helping to bring in donors, and has been a longtime donor herself.

After DeSantis’ takeover, donors started contacting Lenger to get more information about what was happening. A number shared their intentions to remove New College from their estate plans and stop other contributions.

Lenger began keeping a list of canceled contributions. Of those who were willing to share the amount, she tallied more than $10 million from 11 donors.

https://www.heraldtribune.com/story/news/politics/2023/03/10/florida-governor-ron-desantis-new-college-takeover-drying-up-alumni-donations/69984607007/

I believe DeSantis' goal is not to transform New College into the "Hillsdale of the South", but to shut it down permanently -- because he does not want its "woke" legacy to survive.

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New College loses at least $10 million in donations after DeSantis' takeover, alum says (Original Post) Zorro Mar 2023 OP
They should also lose their accreditation, which will cut off Fed funds SheltieLover Mar 2023 #1
You are probably correct about closing the college PortTack Mar 2023 #2
Wow she was an entrepreneur Casady1 Mar 2023 #3
Oh They Know... modrepub Mar 2023 #5
We've got some really stupid MFer's in this country and they seem to be popular 😂 walkingman Mar 2023 #4

PortTack

(34,679 posts)
2. You are probably correct about closing the college
Fri Mar 10, 2023, 03:57 PM
Mar 2023

Thing is he’s pissing everyone off via job loss, micro management of things he knows nothing about, and in general being a creep and a thug. Not a good look for a presidential hopeful.

 

Casady1

(2,133 posts)
3. Wow she was an entrepreneur
Fri Mar 10, 2023, 04:24 PM
Mar 2023

something Desantis and Rufo have never been. Imagine a Liberal arts college having an alumnus be a a capitalist. Something these two yahoo's know nothing about creating jobs. They only know destruction.

modrepub

(3,620 posts)
5. Oh They Know...
Fri Mar 10, 2023, 05:49 PM
Mar 2023

...how to put their unqualified friends/cretins in high paying government appointed positions.

Give these unqualified folks long enough and they'll screw everything up. They have little to no business being near anything that vaguely operates as a business.

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