UPenn Faces Donor Exodus Over Israel-Hamas War and Pro-Palestine Writing Event

The elite US school’s donor base is dwindling due to their controversial stance on the Israel-Hamas war.

Members of the U.S. Jewish community protest against the Israeli military operation in Gaza, inside the Cannon building in the U.S. Capitol in Washington on Oct. 18, 2023. Roberto Schmidt/AFP via Getty Images

University of Pennsylvania (UPenn) is facing a decline in financial backing from influential donors due to its responses to the ongoing Israel-Hamas war and alleged antisemitism on campus.

Billionaire Clifford Asness, a UPenn alumnus, is the latest major donor to close off his checkbook from the Ivy League school.