US universities fail to report $6,500,000,000 in foreign gifts, including money from Saudi Arabia and Qatar

US universities fail to report $6,500,000,000 in foreign gifts, inc...



Why are American colleges and universities radioactive sinkholes of pro-jihad, anti-American propaganda? Here are six and a half billion reasons why.

“Investigation Prompts Schools to Report $6.5 Billion in Undisclosed Foreign Gifts and Contracts,” by Ivan Pentchoukov, Epoch Times, October 20, 2020:

NEW YORK—American Universities failed to report $6.5 billion in foreign gifts and contracts, an investigation by the Department of Education found.

Federal law requires schools to disclose substantial foreign gifts and contracts to the Department of Education (DOE) twice a year. Many have for years failed to do so, while others severely underreported the income. The deluge of the financial disclosures poured in as the department opened investigations into 12 elite universities.

Universities reported receiving a total of more than $19.6 billion in foreign gifts and contracts from 2014 to 2020, including nearly $1.5 billion from China, almost $3.1 billion from Qatar, and more than $1.1 billion from Saudi Arabia, according to historical DOE data and most recent figures posted on its new online reporting portal….

The vast majority of the foreign funds went to America’s largest and most prestigious universities, which have received billions of dollars through a bevy of intermediaries, according to a report released by the DOE on Oct. 20 All of the institutions involved are in the meantime dependent on tens of billions of U.S. taxpayer subsidies while operating largely “divorced from any sense of obligation to our taxpayers or concern for our American national interests, security, or values,” the DOE report states.

For the first half of 2020 alone, U.S. universities retroactively reported $2 billion in foreign gifts and contracts. One school, which isn’t identified in the report, failed to report $760 million in foreign funding. University officials told the DOE they were “dumbfounded” by the reporting error. Another unnamed school failed to report $1.2 billion in foreign gifts and contracts.

Universities have long been on notice that a substantial amount of foreign money is coming from sources hostile to the United States seeking “to project soft power, steal sensitive and proprietary research, and spread propaganda,” the report states….

The department called the failures to report foreign funding “extremely troubling.” Yale University failed to report any foreign gifts and contracts for four years, and Case Western Reserve University for 12 years, “precisely when both were rapidly expanding their foreign operations and relationships—including with China and Iran.” Yale failed to report $375 million in foreign gifts and contracts, according to the report.

In addition to underreporting, some universities have been anonymizing gifts from foreign sources, including more than $1.14 billion in unidentified gifts from China, Saudi Arabia, Qatar, and Russia since 2012….

The vast majority of the foreign gifts and contracts flow to a select group of the biggest and most influential schools, which either severely underreport or fail entirely to disclose the funds. Universities have self-reported $6.6 billion in funds from Qatar, China, Saudi Arabia, United Arab Emirates, and the DOE estimates the true total to be far greater, based on congressional and executive branch probes. A 2019 Senate investigation found the industry’s foreign funding sources to be a “black hole.”…

The report also outlines soft power operations via funding for universities originating in Russia, Saudi Arabia, and Qatar.

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