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Friends parents are considering donating $20-60 mm inheritance to universities

My friend is pissed because his parents are loaded, but it i...
Vigorous Center Newt
  06/28/25
giving millions to a modern shitlib university is worse than...
Internet-worthy stage really tough guy
  06/28/25
...
Fluffy ungodly faggot firefighter cumskin
  06/28/25
...
Plum gas station
  06/29/25
...
Chestnut mental disorder
  06/29/25
...
Lascivious disrespectful partner
  06/30/25
he would be justified in murdering his parents before allowi...
Obsidian wonderful private investor
  06/28/25
the parents sound like horrible people.
Aromatic School Cafeteria Sandwich
  06/28/25
rank the prestige of the universities and their endowments
razzmatazz toaster messiness
  06/28/25
Top 10 and Top 100 - I'd feel better if they gave it to ...
Vigorous Center Newt
  06/28/25
it doesnt matter the rank. it can buy millions of people fre...
Aromatic School Cafeteria Sandwich
  06/28/25
think of all the adminstrators who could make an extra 25k a...
Obsidian wonderful private investor
  06/28/25
*negative value
Aromatic School Cafeteria Sandwich
  06/28/25
I had a client in his 80s with a net worth of maybe 4 millio...
fishy trip locus trump supporter
  06/28/25
The best part is (i) their grandkids probably will never...
Vigorous Center Newt
  06/28/25
How do colleges do this? They have some kind of sales people...
Exciting temple wrinkle
  06/28/25
This was a small, local private college that seems to teeter...
fishy trip locus trump supporter
  06/28/25
they hire nigerian prince fisher scammers once they complete...
Aromatic School Cafeteria Sandwich
  06/28/25
they have an entire staff of people devoted solely to fleeci...
Obsidian wonderful private investor
  06/28/25
Yes - we have a friend who does this. They have special tool...
Vigorous Center Newt
  06/28/25
many jewish charities have fundraisers who work on straight ...
impressive gunner
  06/28/25
a college friend of mine does this for a major university. s...
Lascivious disrespectful partner
  06/30/25
should be illegal to give money to universities
amethyst crawly theater
  06/28/25
...
doobsian trailer park main people
  06/28/25
...
french clown
  06/29/25
boomers are irredeemable scum 😂
Passionate Brunch Striped Hyena
  06/28/25
Pissing away their fortune. Hard to imagine giving it all t...
glassy school
  06/28/25
Are they are buying a name for something with this? Maybe a ...
Garnet Set Dog Poop
  06/29/25
In other news about how ill advised this is, TEH Ohio State ...
180 blue feces
  06/30/25
If they're earmarking it for research funding then CR. If i...
buff cerebral station
  06/30/25
I think research can be legit. But my guess it will be e...
Vigorous Center Newt
  06/30/25


Poast new message in this thread



Reply Favorite

Date: June 28th, 2025 9:19 PM
Author: Vigorous Center Newt

My friend is pissed because his parents are loaded, but it is sounding like him and his siblings may not inherit the fortune - the bulk of it is going to go to universities.

The friend is probably a little mad they're not going to get a free $20 mm, but is also pissed because they think their parents legacy is just going to get eaten up by these schools (which have entire depts to scam boomers like this) and five years after the parents are dead the university will not give a shit about them at all.

I get why the parents don't want to just give $20 million to their kids, and suggested his parents put in a trust so future generations could use it to pay for education or a downpayment on a house or something.

At the very least they could give the money to a local charity or school that actually needs the money - rather than one that has $10 billion and still makes kids take out $250,000 in loans to attend.

I get that it isn't his money, but he's not wrong that this is the dumbest thing his parents could do with it.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057052)



Reply Favorite

Date: June 28th, 2025 9:23 PM
Author: Internet-worthy stage really tough guy

giving millions to a modern shitlib university is worse than converting your assets to paper cash and lighting the pile on fire, and that's not hyperbole.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057061)



Reply Favorite

Date: June 28th, 2025 10:39 PM
Author: Fluffy ungodly faggot firefighter cumskin



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057208)



Reply Favorite

Date: June 29th, 2025 2:49 AM
Author: Plum gas station



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057498)



Reply Favorite

Date: June 29th, 2025 3:29 AM
Author: Chestnut mental disorder



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057519)



Reply Favorite

Date: June 30th, 2025 9:36 AM
Author: Lascivious disrespectful partner



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059973)



Reply Favorite

Date: June 28th, 2025 9:26 PM
Author: Obsidian wonderful private investor

he would be justified in murdering his parents before allowing them to do that, they are pissing on their own children and grandchildren in favor of evil and wasteful colleges, I cannot fathom the depths of selfishness necessary to not pass down wealth to your fucking grandchildren, my parents boom plenty but they would never consider taking anything away from my niece, ever

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057068)



Reply Favorite

Date: June 28th, 2025 9:37 PM
Author: Aromatic School Cafeteria Sandwich

the parents sound like horrible people.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057097)



Reply Favorite

Date: June 28th, 2025 9:37 PM
Author: razzmatazz toaster messiness

rank the prestige of the universities and their endowments

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057098)



Reply Favorite

Date: June 28th, 2025 9:44 PM
Author: Vigorous Center Newt

Top 10 and Top 100 -

I'd feel better if they gave it to a community college or something

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057112)



Reply Favorite

Date: June 28th, 2025 9:45 PM
Author: Aromatic School Cafeteria Sandwich

it doesnt matter the rank. it can buy millions of people free chipotle at any school.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057115)



Reply Favorite

Date: June 28th, 2025 9:48 PM
Author: Obsidian wonderful private investor

think of all the adminstrators who could make an extra 25k a year while providing absolutely no value whatsoever to society? What could be more charitable?

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057121)



Reply Favorite

Date: June 28th, 2025 9:50 PM
Author: Aromatic School Cafeteria Sandwich

*negative value

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057125)



Reply Favorite

Date: June 28th, 2025 9:58 PM
Author: fishy trip locus trump supporter

I had a client in his 80s with a net worth of maybe 4 million who got convinced by a local shitcollege to give them 1 million.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057137)



Reply Favorite

Date: June 28th, 2025 10:03 PM
Author: Vigorous Center Newt

The best part is

(i) their grandkids probably will never get into the schools because there's no money left

(ii) if they do get in, everyone will assume that its because the dining hall is named after them

(iii) Even though the dining hall is named after them, they'll have to go $300,000 in debt to attend teh school

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057145)



Reply Favorite

Date: June 28th, 2025 10:10 PM
Author: Exciting temple wrinkle

How do colleges do this? They have some kind of sales people going door to door? Do they get paid on commission when they land a huge whale like that?

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057155)



Reply Favorite

Date: June 28th, 2025 10:14 PM
Author: fishy trip locus trump supporter

This was a small, local private college that seems to teeter on the edge of insolvency. Not sure if they have a staff for that. The president is really active in the community and he may have been the point man on this. The guy's kids brought him to me after the money was gone.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057165)



Reply Favorite

Date: June 28th, 2025 10:36 PM
Author: Aromatic School Cafeteria Sandwich

they hire nigerian prince fisher scammers once they complete their two-week sentence in prison

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057202)



Reply Favorite

Date: June 28th, 2025 10:38 PM
Author: Obsidian wonderful private investor

they have an entire staff of people devoted solely to fleecing aging alumni out of their retirements and inheritances, they sell them on tax benefits and legacy, it is vile, evil stuff they do

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057205)



Reply Favorite

Date: June 28th, 2025 11:12 PM
Author: Vigorous Center Newt

Yes - we have a friend who does this. They have special tools where they can look up your asset a couple of clicks beyond the typical tax records to figure out what alumni have assets.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057251)



Reply Favorite

Date: June 28th, 2025 10:41 PM
Author: impressive gunner

many jewish charities have fundraisers who work on straight commission

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057210)



Reply Favorite

Date: June 30th, 2025 9:38 AM
Author: Lascivious disrespectful partner

a college friend of mine does this for a major university. she's a very pleasant person and she gets assigned to make friendships with specific older alums.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059975)



Reply Favorite

Date: June 28th, 2025 10:03 PM
Author: amethyst crawly theater

should be illegal to give money to universities

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057143)



Reply Favorite

Date: June 28th, 2025 10:35 PM
Author: doobsian trailer park main people



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057199)



Reply Favorite

Date: June 29th, 2025 5:44 AM
Author: french clown



(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057535)



Reply Favorite

Date: June 28th, 2025 10:59 PM
Author: Passionate Brunch Striped Hyena

boomers are irredeemable scum 😂

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057234)



Reply Favorite

Date: June 28th, 2025 11:26 PM
Author: glassy school

Pissing away their fortune. Hard to imagine giving it all to a university. Unreal

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057286)



Reply Favorite

Date: June 29th, 2025 7:00 AM
Author: Garnet Set Dog Poop

Are they are buying a name for something with this? Maybe a building name is out of reach with such a middling sum, but what about an endowed chair?

The [X] Family Chair of Boomer Studies, or something like that

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057558)



Reply Favorite

Date: June 30th, 2025 9:21 AM
Author: 180 blue feces

In other news about how ill advised this is, TEH Ohio State law school is back in the news for blatantly stealing from their giant donor AND having adjusted Ohio law to prevent the donor from suing.

https://taxprof.typepad.com/taxprof_blog/2025/06/legislature-again-rejects-proposal-to-allow-donor-to-sue-over-alleged-misuse-of-ohio-state-law-school-naming-gift.html

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059952)



Reply Favorite

Date: June 30th, 2025 9:27 AM
Author: buff cerebral station

If they're earmarking it for research funding then CR. If it's to pay for a dorm or something that's dumb.

Of course lol @ the shitkids who have to work for a living.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49059965)



Reply Favorite

Date: June 30th, 2025 8:44 PM
Author: Vigorous Center Newt

I think research can be legit.

But my guess it will be earmarked for the "XYZ chair of Chemistry" or something - which to me is no different than giving it to a dorm or a cafeteria since money is fungible.

They're just going to shift the money saved to DEI consultants and admins.

(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49061920)