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Post by td128 on Dec 31, 2023 12:48:24 GMT -5
I can only guess hoops that you have no idea what Coach Duffner does with his time during the fall. For the same reason that Bill McGovern was not able to attend his induction, Saturdays are busy days for individuals coaching football - especially professional football - during the fall. www.bengals.com/team/coaches-roster/mark-duffner
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Post by td128 on Dec 31, 2023 12:36:53 GMT -5
So let me ask this audience a question.
Was anybody in attendance in 2018 when both Rob and Bill McGovern - may he Rest in Peace -- were inducted into the Ring of Honor? Do you gentlemen think all things considered that individuals being inducted might like to be in a position to actually attend the induction ceremony? Maybe? Probably? Preferably? Definitely?
I will leave it at that.
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Post by td128 on Dec 31, 2023 12:28:30 GMT -5
Ed Murphy '43
goholycross.com/honors/hall-of-fame/edmund-d-murphy-jr-/260
Edmund Murphy captained the 1942 Holy Cross football team that achieved perhaps the program’s most famous victory, the 55-12 upset over Boston College, which also snapped Holy Cross’ three-game losing streak in the series.
His efforts during his career were also instrumental in victories over Carnegie Tech in 1940 and Temple in 1942, and he was recognized with an invitation to the East-West Shrine Game in California.
He was honored as All-East and All-New England in his senior season.
Also a competitor in five events on the track team, Murphy became a teacher and coach at Dracut High School.
Two of his sons, Ed (Class of 1970) and Dave (Class of 1982), also played football for Holy Cross.
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Post by td128 on Dec 31, 2023 12:16:50 GMT -5
There is a 10 year time period post graduation prior to a Crusader who is already a HC HoF inductee to be considered for induction into the Ring of Honor.
That wait time is SOP for honors of this sort.
Not proper decorum to reveal any discussions regarding any selected individuals but rest assured we well know all of the future prospective honorees. Best to leave it at that.
Bantering about the ROH itself along with current and future honorees is all fabulous “hot stove” discussions which further elevates the honor itself.
So throw another log into that stove, warm up your drink 😊 and keep “talking it up”.
LET’S WIN!! ✝️🏈💜
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Post by td128 on Dec 31, 2023 11:28:25 GMT -5
Not that there are not more Crusaders most worthy of induction and discussions on that topic are ongoing but we also want to make sure that the overall ROH does not lose its very special nature.
By spacing out inductions at this point, the belief is that the ROH does not run the risk of being “diluted” or declining in its true allure and distinction.
We also closely monitor the overall number of inductees relative to the number of HCFB alumni who have been inducted into the HoF.
So rest assured there is a thoughtful process and consideration very much at work to manage this special corner of HCFB.
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Post by td128 on Dec 31, 2023 10:40:49 GMT -5
Holy Cross Ring of Honor goholycross.com/sports/2019/8/30/crusader-football-legends-ring-of-honor
Major props to the late great Crusader visionary Ron Maheu ‘64 who carried this torch and provided the inspiration to make it a reality.
I personally believe the Ring of Honor brings real richness to the tradition of HCFB while elevating the storied history of the program and Fitton Field.
We share the above link with current Crusaders and encourage them to get to know the individuals who displayed the stuff of legends while wearing the Purple.
Great to be a Crusader.
LET’S WIN!! ✝️🏈💜 “Commitment to excellence in winning on and off the field”
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Post by td128 on Dec 27, 2023 7:12:09 GMT -5
Let's make no mistake at all, if there was one guy and ONLY one guy that we could have and we would want to stay atop Mt. St. James post the departure of our former coach, WE GOT HIM.
CHRIS GRAUTSKI means a lot more to HCFB beyond his role as S/C Coach.
I state this with NO disrespect to any other individual coach all of whom I admire and respect but CG has the greatest impact of all on our Crusaders and in establishing and sustaining the positive culture and commitment to excellence.
Would I trade CG for a package of the other assistant coaches? NOPE. Our former head coach knows how important CG was to the entire operation. The fact that CG is staying in Worcester speaks volumes. MAJOR props to ADKH and our current head coach Dan Curran.
LET'S WIN!!
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Post by td128 on Dec 27, 2023 6:36:41 GMT -5
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Post by td128 on Dec 27, 2023 6:20:45 GMT -5
Check out the updated Roster linked below which now includes our fellow Crusader Jalen Coker joining our one and only CJ Hanson in this game.
Now also adding invitations to the NFL Combine, bringing more Glory and Honor to Alma Mater.
This is truly beautiful. So outstanding. YUUUGGE!!
Great day to be a Crusader. #Winning ***
As previously posted CJ Hanson's participation in the Shrine Bowl puts him in the company of only two other Crusaders over the last 50 years, those being Gordie Lockbaum and John Provost. As such, I think CJ is deserving of a separate thread here for this accomplishment highlighting that fact and the experience.
Jalen Coker deserves a separate thread as well for his participation in the upcoming Hula Bowl. I will launch that when the Hula Bowl rosters are revealed here: www.hulabowl.com/the-game/athlete-roster/current-roster
CJ is in special company and has certainly earned this honor and all that his future holds. He is bringing real glory, honor and pride to HCFB and Alma Mater.
Think having an individual like CJ Hanson accomplish this honor helps recruiting? You think?
Shrine Bowl Rosters as of the most recent posting: www.profootballnetwork.com/2024-shrine-bowl-bowl-rosters/
2024 Shrine Bowl Bowl Rosters: Full List of All-Star Game Commitments
The 2024 Shrine Bowl roster will highlight some of the nation's best stars ahead of the 2024 NFL Draft. Here are the players that have been announced.
Quarterbacks Austin Reed, QB, Western Kentucky Devin Leary, QB, Kentucky
Running Backs Ray Davis, RB, Kentucky Jawhar Jordan, RB, Louisville Isaiah Davis, RB, South Dakota State Rasheen Ali, RB, Marshall
Wide Receivers Lideatrick Griffin, WR, Mississippi State Jha’Quan Jackson, WR, Tulane Tahj Washington, WR, USC Jalen Coker, WR, Holy Cross Luke McCaffrey, WR, Rice Malik Washington, WR, Virginia Tulu Griffin, WR, Mississippi State
Tight Ends Tip Reiman, TE, Illinois Dallin Holker, TE, Colorado State
Offensive Tackles Nathan Thomas, OT, Louisiana Garrett Greenfield, OT, South Dakota State Jalen Sundell, OT, North Dakota State Julian Pearl, OT, Illinois Anim Dankwah, OT, Howard Josiah Ezirim, OT, Eastern Kentucky Matt Goncalves, OT, Pitt
Interior Offensive Linemen KT Leveston, OG, Kansas State Christian Mahogany, OG, Boston College Willis Patrick, OG, TCU Dylan McMahon, OG, NC State Mason McCormick, OG, South Dakota State C.J. Hanson, OG, Holy Cross Donovan Jennings, OG, USF Beaux Limmer, C, Arkansas Nick Samac, C, Michigan State Kingsley Eguakun, C, Florida Hunter Nourzad, C, Penn State
Defensive Linemen Evan Anderson, DL, Florida Atlantic Jordan Miller, DL, SMU Sundiata Anderson, DL, Grambling State Javontae Jean-Baptiste, DL, Notre Dame Zion Logue, DL, Georgia Jordan Jefferson, DL, LSU Trajan Jeffcoat, DL, Arkansas Jaden Crumedy, DT, Mississippi State Logan Lee, DT, Iowa
Edge Defenders Myles Cole, EDGE, Texas Tech Khalid Duke, EDGE, Kansas State David Ugwoegbu, EDGE, Houston Brennan Jackson, EDGE, Washington State Xavier Thomas, EDGE, Clemson Eyabi Okie-Anoma, EDGE, Charlotte
Linebackers JD Bertrand, LB, Notre Dame Jontrey Hunter, LB, Georgia State Aaron Casey, LB, Indiana Nathaniel Watson, LB, Mississippi State
Cornerbacks Ro Torrence, CB, Arizona State Marcellas Dial, CB, South Carolina Deantre Prince, CB, Ole Miss Dwight McGlothern Jr., CB, Arkansas Christian Roland-Wallace, CB, USC M.J. Devonshire, CB, Pitt Jarrian Jones, CB, Florida State Renardo Green, CB, Florida State Jarius Monroe, CB, Tulane
Safeties Dadrion Taylor-Demerson, DB, Texas Tech Myles Harden, DB, South Dakota Mark Perry, DB, TCU Dominique Hampton, DB, Washington Omar Brown, DB, Nebraska Trey Taylor, DB, Air Force Kenny Logan Jr., DB, Kansas
Specialists Matthew Hayball, P, Vanderbilt Ryan Rehkow, P, BYU Cam Little, K/P, Arkansas Joe Shimko, LS, NC State
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Post by td128 on Dec 24, 2023 17:29:35 GMT -5
Fellow posters, no mistake about it. Crossports is truly NAD’s world and we’re all truly fortunate to live here and share our thoughts.
Thank you Dave.
Merry Christmas one and all. ✝️🎄💜
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Post by td128 on Dec 22, 2023 20:16:21 GMT -5
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Post by td128 on Dec 22, 2023 10:20:42 GMT -5
In re JMU, how big is their Indoor S/C space?
6,500 square feet
How big is the Holy Cross indoor S/C space?
10,000 square feet
How about JMU's Indoor Football facility? How big is that?
0 square feet
How about Holy Cross' Indoor Football facility?
64,000 square feet
In regard the HC Commit who chose to attend JMU, who was the last recruiting prospect prior to this individual whom HC lost to JMU? I am willing to bet that if there is one it may be the first.
With all due respect to JMU grads, in 40 years of working on and around Wall Street including Wall Street branch offices throughout the country including Atlanta, Charlotte, DC, I never once crossed paths with an individual whom I knew was a JMU grad. Not once with all due respect.
Point being, IMO 'Holy Cross is certainly not taking a back seat to JMU or any other school."
I wish all of those who left Worcester for points south and/or elsewhere all the best, now it is time to return to our regularly scheduled programming and Commitment to Excellence in helping our Crusaders win on and off the field.' As I stated previously, given all that I have gleaned over the past two weeks, I am as excited and actually even more so about the future of HCFB than I was at the end of the 2023 season.
As long as we continue to remain laser focused on the INPUTS, I am hugely confident that the OUTPUTS will ultimately take care of themselves.
Let's Win!!
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Post by td128 on Dec 20, 2023 20:33:10 GMT -5
Bob Chesney resigned and was replaced a week later. In these efforts, that is warp speed. Kudos to ADKH for being well prepared.
Our new head coach has a clear understanding of the HC psyche. That quality is highlighted ad nauseam as a highly important factor in any hire especially for our major sports. ADKH grasped that importance and filled it superbly.
Our commitments in light of the change came in at approximately 85-90%. I would classify that as exemplary especially in this day and age where college kids seem to want change schools like they change their underwear.
Coach Curran laid out his expectations of the makeup of his staff. Any new manager in business or coach in sports is entitled to put his staff together. If he did not have designs along the lines of what he laid out, honestly I think we should all be scratching our head wondering why he didn’t.
Additionally, business protocol would seem to me to move swiftly yet prudently in making key personnel decisions. I very much get the sense that Coach Curran understands and appreciates that.
In regard Coach Grautski, do you think the folks in Harrisonburg, VA would delay letting their faithful know if they had added a longstanding S/C coach connected to their new head coach? I don’t. In fact, I welcome sharing with this audience that I had lunch with Coach Grautski just yesterday. Another close friend joined us as well. We had a grand time. The food was spectacular especially the chowder. Beyond that, proper decorum dictates that what we discussed is treated in professional fashion.
Change creates opportunity for lots of chatter and speculation. Boards like this are great reflections of the interest and energy surrounding our program. That said, I might encourage you great Crusaders and Friends of HCFB to exhale and realize that two weeks ago we had a different head coach. Much ground has been covered in these last two weeks.
My final comment. Given all that I have gleaned over these last two weeks both in regard HCFB and college football at large, I am more confident about the future of HCFB now than I ever have been before. I state that with no sense of hyperbole.
Enjoy the Christmas spirit. We have a great college, great kids, great leadership, the best alumni and we continue to have no reason to take a back seat to anybody.
Let’s Win!! ✝️🏈💜
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Post by td128 on Dec 19, 2023 7:40:30 GMT -5
I welcome submitting this for further review and discussion in re the topic of SELLING OUT:
Former Harvard University Professor Sentenced for Lying About His Affiliation with Wuhan University of Technology; China’s Thousand Talents Program; and Filing False Tax Returns: www.justice.gov/usao-ma/pr/former-harvard-university-professor-sentenced-lying-about-his-affiliation-wuhan
BOSTON – The former Chair of Harvard University’s Chemistry and Chemical Biology Department was sentenced today in federal court in Boston for lying to federal authorities about his affiliation with People’s Republic of China’s Thousand Talents Program and the Wuhan University of Technology (WUT) in Wuhan, China, as well as failing to report income he received from WUT. Dr. Charles Lieber, 64, was sentenced by U.S. Senior District Court Judge Rya W. Zobel to time served (two days) in prison; two years of supervised release with six months of home confinement; a fine of $50,000; and $33,600 in restitution to the IRS. The government recommended a sentence of 90 days in prison and a $150,000 fine.
In December 2021, Lieber was convicted by a federal jury of two counts of making false statements to federal authorities, two counts of making and subscribing a false income tax return, and two counts of failing to file reports of foreign bank and financial accounts (FBAR) with the Internal Revenue Service (IRS).
Lieber served as the Principal Investigator of the Lieber Research Group at Harvard University, which between 2008 and 2019 conducted more than $15 million in research sponsored by various U.S. Government agencies, including the U.S. Department of Defense (“DOD”) and the National Institutes of Health (“NIH”). Unbeknownst to his employer, Harvard University, Lieber became a “Strategic Scientist” at WUT and, later, a contractual participant in China’s Thousand Talents Plan from at least 2012 through 2015. China’s Thousand Talents Plan was one of the most prominent Chinese talent recruitment plans designed to attract, recruit and cultivate high-level scientific talent in furtherance of China’s scientific development, economic prosperity and national security. In April 2018, during an interview with federal agents from DOD (one of the agencies that sponsored a portion of Lieber’s research), among other things, Lieber falsely stated that he had never been asked to participate in the Thousand Talents Plan. Later, in January 2019, Lieber caused Harvard to falsely tell the NIH (another sponsor of Lieber’s research) that Lieber was not, and had never been, a participant in the Thousand Talents Plan. Lieber knew these statements were false because he had signed a Thousand Talents contract with WUT in 2012, performed many of the duties and responsibilities required of him under that contract, and been paid a substantial salary by WUT in exchange for his work. Specifically, the terms of Lieber’s three-year Thousand Talents contract with WUT entitled Lieber to a salary of up to $50,000 per month, living expenses of up to $150,000 and approximately n $1.5 million to conduct joint research at WUT. In tax years 2013 and 2014, Lieber earned income from WUT in the form of salary and other payments made to him pursuant to his Thousand Talents contract, which he did not disclose to the IRS on his federal income tax returns. Together with WUT officials, Lieber also opened a bank account at a Chinese bank during a trip to Wuhan in 2012. Thereafter, between at least 2012 and 2015, WUT periodically deposited portions of Lieber’s salary into that account. U.S. taxpayers are required to report the existence of any foreign bank account that holds more than $10,000 at any time during a given year by the filing an FBAR with the IRS. According to Lieber, the balance of his Chinese bank account was approximately $200,000 in 2014 and 2015. Nonetheless, Lieber purposely failed to file FBARs for those years.
United States Attorney Rachael S. Rollins; Matthew Olsen, Assistant Attorney General for National Security; Joseph R. Bonavolonta, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; Patrick J. Hegarty, Special Agent in Charge of the Defense Criminal Investigative Service, Northeast Field Office; Joleen D. Simpson, Special Agent in Charge of the Internal Revenue Service-Criminal Investigation Division for the Boston Field Office; Michael Wiest, Special Agent in Charge of the Naval Criminal Investigative Service (NCIS), Northeast Field Office; and Philip M. Coyne, Special Agent in Charge of the U.S. Department of Health and Human Services, Office of Inspector General made the announcement today. Assistant U.S. Attorney Jason A. Casey of Rollins’ National Security Unit and Assistant U.S. Attorney James R. Drabick of Rollins’ Securities, Financial & Cyber Fraud Unit prosecuted the case.
Updated April 26, 2023
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Post by td128 on Dec 19, 2023 7:29:56 GMT -5
Here is the entire statement:
Eloquent and heartbreaking. From Harvard Law Professor Mark Ramseyer's email to a Harvard list (with permission). I came for my PhD in '99, he came as a prof in '98. We were each publicly attacked for our views in '21.
"Harvard is a vastly less tolerant place than it was when I arrived in 1998. The intolerance is a function of an increasingly large fraction of our colleagues. And we – the rest of us on the Harvard faculty – let it happen. The cancelling, the punishments, the DEI bureaucracy, the DEI statements, the endless list that we could all recite – all this happened on our watch. We saw it happen, but we did nothing. We were too busy. We were scared to speak up. We – we on the faculty – let Harvard become what it is. The Harvard that we have is the result of our own collective moral failure.
The alumni who are furious are not trying to turn Harvard into something we do not want. They are trying to rescue Harvard from what we let it become. We as a faculty failed. That is why the alumni are speaking up. That is why we formed the Council on Academic Freedom in the first place." @cafharvard @sapinker
Not that I think Harvard ever had a soul in the first place but whatever it was they held in their inner being, they sold out. The question worthy of serious review is Who Bought Harvard and What Are Their True Motivations? This is a very DEEP question but we might simply look at the STATEments put forth by an array of actors and interested parties both foreign and domestic.
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Post by td128 on Dec 17, 2023 21:35:24 GMT -5
Do not underestimate the immense benefit of our new Head Coach being part of the UNH football pipeline. From Ryan Day to Chip Kelly to Tim Cramsey (OC at Memphis) to Kevin Decker (OC at Old Dominion) to a few members of our current staff Scott James and Chris Zarkoskie, this Wildcat fraternity runs very far, wide and deep. I’m certainly only scratching the surface with these references.
There are many benefits that accrue from these relationships and I’ve already heard how closely connected our new coach is within this group.
Nothing but positive feedback on DC from both on and off campus.
LET’S WIN!!
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Post by td128 on Dec 15, 2023 17:27:46 GMT -5
Where’s Agent 99? 🤣
Does he want a chance to save face regarding his projections?
✝️💪🏻🏈💪🏻✝️🏋🏻🏋🏾♂️✝️💪🏾🏈💪🏾✝️
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Post by td128 on Dec 15, 2023 14:27:31 GMT -5
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Post by td128 on Dec 15, 2023 14:10:23 GMT -5
I sense that DC is an underdog and a fighter.
I was just informed that DC is the youngest of 9. That fact makes me think that his being an underdog and a fighter likely stems from the nightly battles that ensued around the dinner table and poured over into other parts of the Curran household. I am guessing that I might not be the only one who frequents this board that comes from a large family. Fighting for food and everything else was all part of growing up.
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Post by td128 on Dec 15, 2023 12:38:15 GMT -5
Some here may have been aware of the fact that Coach Curran has 8 years of pro football experience but were you aware of the actual timeline? en.wikipedia.org/wiki/Dan_Curran
1997–2000 University of New Hampshire 2001 Nashville Kats (Arena Football) 2002–2003 Georgia Force (Arena Football) 2004, 2007 New Orleans VooDoo (Arena Football) 2004 New Orleans Saints (NFL) 2008–2009 Seattle Seahawks (NFL)
What does this indicate?
IMO, 1. True love of the game and 2. Mental, physical and emotional toughness and discipline to be able to make the NFL in 2004 with the Saints and then make it back into the league in 2008 with the Seahawks. That says a lot to me about who DC is as a person in terms of his determination and drive.
If he had made the league straight out of college and then was not ready to give it up and bounced around Arena Football that would indicate to me a decline in skills. His path is decidedly different. I sense that DC is an underdog and a fighter.
I like him even more.
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Post by td128 on Dec 15, 2023 12:09:15 GMT -5
IMO, the best means to assess the hire are the 3 games that Holy Cross played against Dan Curran led teams at Merrimack these past 3 years. I think anybody who watched those games would come away and say that Holy Cross had to fight for every yard. Did Dan Curran outcoach "what was the other guy's name again" in 2021? I think you can make a very compelling case that he did. These past 2 years were hard fought games both times.
2023: goholycross.com/sports/football/stats/2023/merrimack/boxscore/10433
2022: goholycross.com/sports/football/stats/2022/merrimack/boxscore/9916
2021: goholycross.com/sports/football/stats/2021/merrimack/boxscore/9338
College football is the ultimate team sport. Given the resources and support that HCFB provides, I am confident that CDC will be able to attract and develop talent so that our Crusaders can sustain the commitment to excellence that has been developed over these last 5 years.
He is from the UNH Football tree as well. Not a bad thing. A physical presence to boot.
I welcome supporting and helping him lead our Crusaders to ever greater heights.
Kudos also to ADKH for the professional manner in which the process unfolded. Loose lips sink ships and there was none of that here.
LET'S WIN!!
A commitment to excellence in helping our Crusaders win on and off the field.
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Post by td128 on Dec 14, 2023 11:46:14 GMT -5
KYCrusader 75,
Your question is well placed but in certain regards reminds me of a question posed to Coach Belichick re "how do you plan to use the TEs this weekend" and he responded, "how about I just fax you the playbook and you can send it over to the Chiefs?" I state this largely in jest but do not want to overplay my hand.
Respectfully, without going into too many specifics please be aware that our 90-Wide is a central part of the overall recruiting process. I welcome sharing what Coach Chesney told me a year or so ago when he stated, "The 90W was a key factor in 80% of the Crusaders who have come to Worcester during my tenure." A large number of Crusaders and their parents have shared the same. ADKH has elevated the 90W even more so over the last year so that the 90W is not merely a reason for bringing prospects to HC but then also keeping them here.
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Post by td128 on Dec 14, 2023 10:52:01 GMT -5
THANK YOU dharry, midwestsader05, teamer, Football44, Crucis, Haze, Breezy, HC87, SOV, HCHoops, Ray, Chu Chu, RGS, Xmassader, HCDad22 and ALL of you great Crusaders and loyal sons of Holy Cross who frequent this board including those who lurk here and even those who troll here and provide much comic entertainment.
There is certainly NO OTHER Patriot League school with anything close to as passionate a following as OUR Crusader faithful. I would go to war against any other school in the nation with my Purple brothers and sisters.
LET'S WIN!!
Mission: Commitment to Excellence in Helping OUR Crusaders Win On and Off the Field
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Post by td128 on Dec 14, 2023 8:42:26 GMT -5
Bill Ackman’s Clash With Harvard Over Stock Gift Reveals the Messy World of Big Donationswww.wsj.com/us-news/education/bill-ackmans-clash-with-harvard-over-stock-gift-reveals-the-messy-world-of-big-donations-2d12dc4b?mod=hp_lead_pos9 Benefactors expect to have leverage in administrative matters of prestigious schools to which they donate. Prestigious universities are learning the costs of the big gifts they receive from prominent donors.
The strings that fund managers Bill Ackman and Ross Stevens attached to sizable donations to Harvard University and the University of Pennsylvania, respectively, show the degree to which wealthy benefactors expect to have a continuing say in administrative matters.
This inevitably causes chafing at universities, which pride themselves on resisting outside pressures in their unfettered pursuit of higher learning. The delicate relationship between schools and their biggest donors has contributed to their continuing clash over addressing antisemitism.
Ackman, who has been calling for Harvard to oust its president over its handling of free speech and antisemitism on campus, took to X, formerly Twitter, on Tuesday night to criticize the university for not abiding by the terms of a 2017 gift he gave it to recruit star economist Raj Chetty.
As he tells it, Ackman was in the middle of a divorce and had little cash on hand, so gifted the school $10 million of shares in Coupang, a Korean e-commerce company that was privately held at the time. It came with an unusual agreement: If the value of the shares rose above $15 million when Coupang went public, Ackman could allocate the surplus to his preferred Harvard-related cause.
A few years later, Coupang was nearing a blockbuster IPO and Ackman said the value of his gift had ballooned in value to $85 million. The hedge-fund manager started making plans to fund a new building designed by architect Norman Foster for Harvard’s economics department.
He was shocked to learn the school had sold the shares in March 2020 for $10 million without telling him.
Ackman, who said he would have bought the shares back had he been offered them, complained he never received an apology from Harvard leadership, even after he wrote to its governing board. He still expects the university to allow him to allocate $70 million and hinted he might see a use for it addressing the issues he has been agitating about. (Still, Ackman said his disappointment over the Coupang shares is unrelated to his current campaign.)
Harvard didn’t respond to a request for comment.
While most sizable donations from prominent donors are carefully negotiated and come with stipulations that can make for future disagreements, stock gifts in particular can be thorny. Stock in a private company run by the donor gives the benefactor even more leverage.
That was true in the case of Stevens, who made a donation to Penn’s Wharton School in 2017 to fund the Stevens Center for Innovation in Finance. The gift, now valued at about $100 million, came in the form of units in Stevens’s financial firm, Stone Ridge Holdings Group.
Stevens used the terms of those units as a bargaining chip to try to oust Penn President Liz Magill over her handling of antisemitism on campus. The gift bound Penn to Stone Ridge’s limited partner agreement, which allows Stone Ridge to retire such units if it decides that holders of them violate laws or rules that result in damage to Stone Ridge’s business or reputation.
Lawyers for Stone Ridge alerted Penn leadership last week in a letter that the university’s stance on antisemitism on campus gave it grounds to retire the units Stevens donated. Stevens and Stone Ridge would give Penn the chance to fix the violations of its limited-partner agreement once Penn replaces Magill.
Magill, one of three college presidents who testified in last week’s now-infamous congressional hearing, resigned over the weekend, as did the chairman of Penn’s board of trustees.
Some donations have more offbeat stipulations. Billionaire investor and Berkshire Hathaway Vice Chairman Charlie Munger, who died last month at age 99, donated hundreds of millions of dollars to build student housing at schools including the University of Michigan and the University of California, Santa Barbara.
One condition for Munger’s gifts was that recipients had to accept his input on architectural design. His idiosyncratic preferences included external hallways and staircases, as well as bedrooms that lack windows. His proposal for a UCSB dorm featured installing artificial windows modeled on the portholes on cruise ships.
My question: what is Holy Cross' greatest asset? IMO, our great name, College of the Holy Cross.
Can we trust our BOT and rely on those individuals to make sure that our good name is and NEVER will be for sale in the fashion that selected colleges and universities have clearly sold out to individuals, organizations, industries, and foreign governments?
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Post by td128 on Dec 12, 2023 13:41:04 GMT -5
I welcome sharing the fact that I am the regular lector at the 7:30am Sunday Mass at our local parish. I am not hesitant to stand up and speak out if/when I see issues within the Catholic Church that I believe need to be addressed. That said, I treasure my faith, my relationship with Christ and with my Church despite any failings on the Church's part AND also my own shortcomings. I am a sinner as we all are.
I personally believe we are in the midst of a Spiritual War for the future of humanity. As such, I read and research issues largely of an arcane nature that impact the public at large with real vigor. I keep a watchful eye out on those whom I consider to be False Prophets and meaningfully conflicted.
I welcome being a soldier for Christ and find sustenance in visiting Him in His Home regularly.
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