The perpetrators of this outrage will pay an even greater price in eternity.From Catholic World NewsContributions to the University of Notre Dame fell by over $120 million during the fiscal year in which President Barack Obama was awarded an honorary degree. Several dozen bishops criticized the university’s decision during the months preceding the May 17, 2009, commencement ceremony, and an alumni group called for the withholding of donations.
During the July 2008 - June 2009 fiscal year, gifts to the university totaled $226,689,374, including $60,133,035 in government grants. During the July 2007 - June 2008 fiscal year, in contrast, gifts totaled $347,155,514, including $62,241,121 in government grants. Thus most of the decline in contributions was in private donations rather than government funding.
The decline in donations largely coincided with the late-2000s recession, which officially began in December 2007 and ended in June 2009.
During the July 2006 - June 2007 fiscal year, gifts to the university had totaled $309,743,862, including $61,218,074 in government grants.
Source(s): these links will take you to other sites, in a new window.
- GuideStar
- Late-2000s recession (Wikipedia)
- $8.2M in donations withheld from Notre Dame, alumni group claims (CWN, 4/28/09)
- New Notre Dame alumni group calls for ouster of Father Jenkins (CWN, 4/20/09)
"Contributions to the University of Notre Dame fell by over $120 million during the fiscal year in which President Barack Obama was awarded an honorary degree."
ReplyDeleteThe horror, the horror.