Friends parents are considering donating $20-60 mm inheritance to universities
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Poast new message in this thread
Date: June 28th, 2025 9:19 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
Date: June 28th, 2025 9:23 PM
Author: ,.,..,.,..,.,.,.,..,.,.,,..,..,.,,..,.,,.
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) |
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Date: June 28th, 2025 10:39 PM Author: ,.,.,.,....,.,..,.,.,.
(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057208) |
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Date: June 28th, 2025 9:44 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
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Date: June 28th, 2025 10:03 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
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Date: June 28th, 2025 10:10 PM
Author: .,.,...,..,.,..:,,:,......,;:.,.:..:.,:,::,.
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) |
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Date: June 28th, 2025 11:12 PM
Author: ........,,,,,,......,.,.,.,,,,,,,,,,
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) |
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Date: June 28th, 2025 10:41 PM
Author: ...,,..;...,,..,..,...,,,;..,
many jewish charities have fundraisers who work on straight commission
(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057210) |
Date: June 28th, 2025 10:59 PM
Author: .,.,,.,..,,..,..,..,....,,...,.
boomers are irredeemable scum 😂
(http://www.autoadmit.com/thread.php?thread_id=5744234&forum_id=2#49057234) |
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