Currently viewing posts tagged with Endowment

CARE Now Activist Says “I Want Anger.” 4 of 5

By this point in the video, I assume more of the white male representatives are tearing up. Normally, these tears should humanize them in the eyes of their abusers. In this case, however, they only enrage SO and IB. I believe it is fairly common for abusers to think they have the right, the authority, and even the righteous responsibility to tell others how they should react. That’s exactly what we see in this next portion of the video. FYI: You can also see how SO and IB interacted with each other for dramatic effect.

Start – 56:17

IB: What’s wrong with you?

SO: And do not look at…don’t look at us with tears.

IB: I don’t want your tears.

SO: I don’t want that. I want anger. You should all be f***ing angry. I…I sat there and I had to f***ing listen to every single person. While I was siting there like my voice is not f***ing…I could not f***ing speak! I WANTED SO BAD TO TELL HIM TO F*** YOURSELF. F*** YOURSELF. F***. ALL OF YA SHOULD ALL F*** YOURSELF.

IB: You had to be real nice.

SO: But I had to be real nice to get some f***ing money. So all you had to say was f***ing motion, I approve. What the f***. You should be f***ing angry.

IB: You just told me ‘You got the money so you should be quiet.’ That’s f***ing crazy, son. (HITS DESK) I can’t believe this man said that to me in my face. You got your money so you should be quiet. What the f***?! That’s what they say. Right. You got your financial aid, shut the f*** up. Right?! You got your little house. Right. You got your little food. Right. Shut the f*** up. You don’t need nothing else. You got your job at the best institution in the f***ing school So you shouldn’t ask for nothing else. Right? We made it number one. You couldn’t be number one without me. Period. So what’s the word?! Every time we ask for something, you’all grant it, your rating stays up. So what the hell is the part of the equation. I don’t get it, son. You only go to the number one liberal arts school because I’m here, n***er. Period

If we weren’t here could you possibly be? Or would you be some white exclusionary school who can’t do diversity. What?! So when we…try. What do you think we do when we do black previews? We retain pre-frosh. Fool! What’s wrong with you people?! I just don’t get it. You just said ‘You got your money. Stop talking. Why did you come back?’ Because you thought we had no honor. You said you got to come. You sucked it up. (SPAGHETTI SUCKING SOUND) What are we here for? To vomit it back out. We tired, son. I’m sorry. We couldn’t do it this time. You love it when we swallow. We couldn’t do it. Can’t believe that we just got told that to our face. That’s the level of respect that you have for me. Just in case you was confused with what you said to me.

When I heard IB make that spaghetti sucking sound on the video it reminded me of that moment in Silence of the Lambs where Hannibal Lecter tells Agent Starling that he once got a questionnaire from a census taker and reacted by killing him, cooking up his liver, and eating it with fava beans and a nice Chianti. (SPAGHETTI SUCKING SOUND)

It is clear that IB believes he is contributing to the U.S. News & World Report ratings of the school. I am guessing these thoughts are not original to him. They are most likely repeated among those who believe that their primary contribution to the school is that they provide evidence of diversity. In truth, these high ratings are more accurately seen as a consequence of the Williams College endowment. This endowment, and the school’s rural location, allow it to provide a high quality education at a lower than market price. The U.S. News & World Report rating gives Williams College an advantage, in part, because it is a comparative bargain.

IB: When you said you got your money and so you should be quiet. I don’t even remember what you said. Because you know you all look like you. That’s that’s that’s what happened. Because when I get angry and enraged and stuff like that I don’t have the time to give you the dignity…no, in fact, I have the time to give you the dignity you gave to me. Because that’s what it looks like. That’s what it looks like. It’s crazy, son.

He just said, ‘Yo. Yo. I got somewhere to go. Can you please stop?’ What?! I had somewhere to go two hours ago. I missed work…to plan this shit. I missed…I missed everything…to plan it. What could I possibly be doing that I have to go and do all these other things? What could possibly be taking up my time? Why I can’t do my homework? He came for my job. He said, ‘Why aren’t you at work right now?’ What? It almost drives me crazy. Why am I not at work? Why am I not sleeping at night? Why do I have? What?

So I can take out time during my middle of my day to not do homework next Wednesday, so we can create space for black frosh’s. You ain’t creating it. You were going to create it? You were going to create minority previews? You was going to do it? Or the black woman who always got to do the God damn thing going to come in this space and create it. You was going to create minority previews, right? Right. God damn.

I think that the conventional wisdom is that the abusive behavior illustrated in this controversial video is a result of the mistreatment the  black activist speakers have suffered earlier in their lives at the hands of the white majority. I’m not so sure. I know enough about verbal and physical abusers to recall that rage and controlling behavior can also be a side effect of drug and alcohol abuse. Inappropriate behavior is also more likely if you have gone without food or sleep…two issues mentioned by the verbally abusive students. If I was sitting in Maud Mandel‘s office, I would send both students to anger management classes. If either of them seeks counseling, I’m confident the therapist will ask what, if anything else, caused them to become “…angry and enraged and stuff like that.”


Cheerier Markets

News on college endowments:

Williams’s endowment was valued at $1.81 billion on June 30, 2008, 4.4 percent less than a year earlier, according to the National Association of College and University Business Officers. The school in Williamstown, Massachusetts, planned for a 35 percent loss for the fiscal year.

“While it will be months before we have a final audited figure, it is likely that our investment return will be better than the minus 35 percent that we conservatively used in our planning model,” Wagner, the interim president at Williams, said in a July 1 letter posted on the college’s Web site. “If that proves to be true and if our return for the next two years comes close to the zero that we have been modeling, that would reduce to some degree the extreme pressure that we had projected the college facing a couple of years from now.”

Williams, tied with Amherst College, in Amherst, Massachusetts, for the top liberal-arts institution in U.S. News & World Report rankings, plans to continue cutting costs, Wagner said.


Alumni fundraising of yore

Even as far back as 1913, Williams was doing its best to establish a nest egg for the future.  An article in the wonderful New York Times archives describes then-President Garfield’s announcement of a $2 million endowment effort.  True to form, he already had about 25% lined up and more pledged to match.  This effort was announced at the “alumni luncheon” following commencement.  I wonder if Morty will have any exciting announcements this weekend during reunions?

I continue to enjoy the fact that Williams College news made it to the New York Times with great regularity back in the day.  Including such exciting events as the alumni beating the varsity basketball team in a game.  Yes, really.  I can’t find the link again at the moment, but it was great.  In the 1920s, someone wrote in with that bit of news – including the roster and some form of a box score from the game – and it was published in the Times.

You can see the article in its original form (scanned a little crookedly, but readable) here.

WILLIAMS SEEKS $2,000,000.
President Garfield at Commencement Tells Endowment Plans.

WILLIAMSTOWN, Mass., June 25 — At the alumni luncheon following the commencement exercises at Williams College to-day, President Harry A. Garfield announced that the college would attempt to obtain an endowment fund of $2,000,000.  Half of the first million appeared to be in sight, he said.  The General Education Board of New York, Rockefeller Foundation, had offered $100,000 when the college should raise $500,000.  Mrs. Russell Sage had contributed $50,000, and $200,000 more had been promised conditionally.  To this, President Garfield said, $150,000 might be added from an estate over which litigation recently ended.

The need for $1,000,000, Dr. Garfield said, was immediate, as that sum would hardly do more than make up the annual deficit, and a second million must be had to do justice by the teaching force and the future.  The college, he pointed out, had prospered by buildings presented, but giving for endowment had not been popular and the faculty as a result had been kept on low pay.

President Garfield said that while the salaries of the teachers at Williams had increased more than $50,000 in the last twelve years, the maximum paid to any professor was only $500 in excess of the amount paid in 1900, and the largest amount now received by any professor was $3,200.  The President believed desirable to raise the maximum at once to $4,000, with corresponding increases to all professors and assistant professors.

Williams graduated 115 young men with the degree of bachelor of arts.  Among the honorary degrees conferred were these:  Doctor of Laws, Charles B. Wheeler, ’73, of Buffalo, a Justice of the New York Supreme Court; Master of Arts, Albert Rathbone, ’88, lawyer of New York.

Copyright (c) The New York Times, originally published June 26, 1913

Thoughts on professor salaries as an effective fundraising ploy?  Did everyone notice the names of those donors?  I would love to know whose estate was being challenged – possibly over the gift to Williams?  Any Williams history buffs know what famous alum or former prof died sometime around 1913?

I’d also like to say that this shows some shrewd planning by somebody.  Capitalizing on the strength of our alumni to start building those funds way back when undoubtedly built a foundation for the massive pile of cash we’re sitting on today.  Granted, Williams graduated a lot of young men from old money families, so this kind of strategy was likely old hat to them although it seems practically clairvoyant to those of us brought up without trust funds, family homes, and other such personal “endowments.”