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Board Member David Webb raised a straightforward and reasonable concern about donor gifts and endowment income—specifically whether income from restricted gifts, like those for Jefferson Scholars, was being diverted to other projects. One big donor had heard about this and insisted it was illegal. He politely requested an audit... or legal opinion to clarify the issue so he could reassure donors: "Can we at least have audit take a look at this or perhaps get a legal opinion so I can go back and say, actually, we've checked with an attorney and it is legal?" Webb made it clear he wasn’t challenging anyone but simply seeking transparency. Instead of a constructive response, COO J.J. Wagner Davis and outgoing Rector Robert Hardie erupted at Webb. Davis sidestepped directly answering whether these funds were being redirected—only vaguely assuring, "We are not doing anything illegal." Hardie dismissed Webb’s concerns outright, insisting: “It’s understandable. It’s simple to understand. I don’t understand why it’s so complex for some people. It’s not that hard to understand.” Meanwhile, fellow Board member Doug Wetmore admitted the issue was confusing and concerning: “I don’t think it’s easy to understand at all, and I have serious concerns about it as well. I’ve invested a lot of time trying to grasp it, and I think it’s a confusing issue. I think it’s a serious issue. We need to take a hard look at it.” If this is how Hardie and Davis respond—defensive, dismissive, and frankly out of control—to a reasonable call for transparency, it only underscores why an independent legal investigation is urgently needed to protect donors and UVA’s reputation. Is this UVA’s next major scandal? Are restricted donor gifts being diverted to unrelated projects through endowment income?show more

The Jefferson Council

3,340 subscribers

11,423 views • 1 year ago •via X (Twitter)

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11 Comments

Highlander11 year ago

Sounds like funds are being diverted away from intended purpose. What possible objection to an independent, transparent review is legitimate.

One Man Mutiny Shooting Spitballs at the Moon1 year ago

What we have here is how things exist, operate, and are governed in the real world versus how Big Ed - specifically THE/THEY University of Virginia - operates and is governed. “And Never the Twain shall meet.” If these two approaches to governance bumped into one another after coexisting for centuries, they would not recognize one another. They are THAT different from one another.

Jocelyn James1 year ago

If nothing illegal is going on, then why shouldn’t an audit verify the claim? Sunlight is the best disinfectant. Does sound like something fishy is going on, though.

branch1 year ago

Why do donors put money into foundations that last more than a decade or two, when they know there name and memory will eventually be trashed so their gift can be be spent on something they wouldn’t approve of? Their legacy would be better served with short term gifts.

Premium11 months ago

Watch a lot of video on X? Upgrade for the smoothest experience.

Stu1 year ago

So Hardie doesn't practice what he preaches. That tells me all I need to know about his character.

TheRealAtlantaTech1 year ago

“We are not doing anything illegal.” = “We are using the money for our own agenda.” —which probably violates the charter of that specific endowment. Ask for the original charter of the endowment!

CivilC-ville1 year ago

"Evil boasts" and guilty people claim outrage when asked the most simple questions. Remember when you knew a bad report card was coming and so the mere mention of mom opening the day's mailbox had you deflecting?! Because you knew what was to be found behind the mailbox door.

Alumni Free Speech Alliance1 year ago

👀

Ragnar's Paw1 year ago

Of course they are...if not why the overreaction. Probably some surreptitious DEI program....

Pa Oka1 year ago

@UVA I have the same concern. Allow an investigation.

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‘We like our peace plan because Russia and Ukraine don’t like it’ – Kellogg ‘We have a 22-point plan that we brought from London – it basically outlines where we want to go. And frankly, we think it’s a good one because neither side likes it. And that, as we know, is a sign of progress – when both sides are unhappy about something. And I’ll tell you what he [Trump] needs to do. Just get on with it. It’s frustrating – I understand. But the only one who can do it is President Trump.’ -SK

‘We like our peace plan because Russia and Ukraine don’t like it’ – Kellogg ‘We have a 22-point plan that we brought from London – it basically outlines where we want to go. And frankly, we think it’s a good one because neither side likes it. And that, as we know, is a sign of progress – when both sides are unhappy about something. And I’ll tell you what he [Trump] needs to do. Just get on with it. It’s frustrating – I understand. But the only one who can do it is President Trump.’ -SK

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AOC: I think it’s pretty unbelievable that Gaza would not be mentioned once in the autopsy report. I think it was very clearly a major dynamic and a major thread that was happening in 2024. The fact that it’s not even addressed, I think, is a major oversight. And I think that for young people, it was a huge part of the environment. I can tell you for myself as a candidate during that cycle, there’s no way that it was an ignorable issue or totally immaterial. So I think that it’s a real disservice to not speak to that or include or assess that.

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229,189 views • 4 months ago

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zzn.

264,809 views • 6 months ago

Steve Jobs on what separates the successful founders from unsuccessful ones Steve is asked what the factors of success and common pitfalls are for young entrepreneurs. He responds: “I get asked this a lot, and I have a pretty standard answer. A lot of people come to me and say, ‘I want to be an entrepreneur.’ And I go, ‘Oh, that’s great, what’s your idea?’ And they say they don’t have one yet. And I say I think you should go get a job as a busboy or something until you find something you’re really passionate about, because it’s a lot of work.” Steve continues: “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. It is so hard. You pour so much of your life into this thing, and there are such rough moments in time that most people give up. I don’t blame them. It’s really tough, and it consumes your life. I mean, if you’ve got a family and you’re in the early days of a company, I can’t imagine how one could do it. I’m sure it’s been done, but it’s rough because it’s pretty much an 18-hour-a-day job, 7 days a week for a while. So unless you have a lot of passion about this, you’re not going to survive. You’re going to give it up.” He concludes: “You’ve got to have an idea or a problem or a wrong that you want to right that you’re passionate about. Otherwise, you’re not going to have the perseverance to stick it through. And I think that’s half the battle right there.”

Steve Jobs on what separates the successful founders from unsuccessful ones Steve is asked what the factors of success and common pitfalls are for young entrepreneurs. He responds: “I get asked this a lot, and I have a pretty standard answer. A lot of people come to me and say, ‘I want to be an entrepreneur.’ And I go, ‘Oh, that’s great, what’s your idea?’ And they say they don’t have one yet. And I say I think you should go get a job as a busboy or something until you find something you’re really passionate about, because it’s a lot of work.” Steve continues: “I’m convinced that about half of what separates the successful entrepreneurs from the non-successful ones is pure perseverance. It is so hard. You pour so much of your life into this thing, and there are such rough moments in time that most people give up. I don’t blame them. It’s really tough, and it consumes your life. I mean, if you’ve got a family and you’re in the early days of a company, I can’t imagine how one could do it. I’m sure it’s been done, but it’s rough because it’s pretty much an 18-hour-a-day job, 7 days a week for a while. So unless you have a lot of passion about this, you’re not going to survive. You’re going to give it up.” He concludes: “You’ve got to have an idea or a problem or a wrong that you want to right that you’re passionate about. Otherwise, you’re not going to have the perseverance to stick it through. And I think that’s half the battle right there.”

Startup Archive

80,736 views • 7 months ago

i better not see anyone dumbing this down to "fandom discourse" because it isn't. it’s not drama, and it’s not a difference of opinion. it’s a real harmful issue that affects real people, and it needs to be called out for what it is u racists WILL perish trust

i better not see anyone dumbing this down to "fandom discourse" because it isn't. it’s not drama, and it’s not a difference of opinion. it’s a real harmful issue that affects real people, and it needs to be called out for what it is u racists WILL perish trust

mimi

10,685 views • 1 year ago

Joe Rogan issues a HEARTFELT apology to Theo Von over his recent comments: “I apologized to Theo. He knows I love him and he said that and we laughed and we joked around about it and I apologized for the way I talked about this. But I felt like I needed to explain to other people too, to get what was going on in my mind out and it certainly wasn’t like covering for Israel and it wasn’t trying to paint him out like he’s damaged or treat him like a child.” “I just want him to be okay. And when you’re dealing with someone, or when you have had experience dealing with someone where it winds up going very badly, and then you’re just left with this feeling, like, what could I have done? You know, I didn’t do a good job of it, especially the Marcus King thing. That’s terrible what I did. I didn’t mean to.” “I was just trying to—you don’t think sometimes when you are in the middle of a podcast. You’re having a conversation, you don’t think about the impact that it’s gonna have. That’s one of the reasons why, you know, podcasts are so weird because like you’re in the middle of trying to be entertaining, but you’re also just having a conversation and I f*cked up because I felt so badly about it. It was like there’s got to be a way to address this where I just express myself and so that’s why we’ve never done this before.” “We’ve never done this kind of a thing after a podcast, but it was very important to me. He’s an awesome person, a great friend, and one of the most interesting and funny people I’ve ever met in my life. And I just felt terrible about it. And I told them I would never bring it up publicly again, but I think it is important to let people know that aspect of it.” “So I’m gonna call him and clear this with him and make sure he’s cool with me saying this, but I’m pretty sure he is gonna be. And that’s it… I’m a human and I’m flawed like all of us and I f*ck up and it’s probably not the last time. It’s definitely not. I’m going to f*ck up again. But my intention is never to hurt anybody, ever. And that’s why I mean I very rarely if ever even get upset at anyone other than like corrupt politicians. But I do my best to just try to be a good person, spread positivity.”

Joe Rogan issues a HEARTFELT apology to Theo Von over his recent comments: “I apologized to Theo. He knows I love him and he said that and we laughed and we joked around about it and I apologized for the way I talked about this. But I felt like I needed to explain to other people too, to get what was going on in my mind out and it certainly wasn’t like covering for Israel and it wasn’t trying to paint him out like he’s damaged or treat him like a child.” “I just want him to be okay. And when you’re dealing with someone, or when you have had experience dealing with someone where it winds up going very badly, and then you’re just left with this feeling, like, what could I have done? You know, I didn’t do a good job of it, especially the Marcus King thing. That’s terrible what I did. I didn’t mean to.” “I was just trying to—you don’t think sometimes when you are in the middle of a podcast. You’re having a conversation, you don’t think about the impact that it’s gonna have. That’s one of the reasons why, you know, podcasts are so weird because like you’re in the middle of trying to be entertaining, but you’re also just having a conversation and I fcked up because I felt so badly about it. It was like there’s got to be a way to address this where I just express myself and so that’s why we’ve never done this before.” “We’ve never done this kind of a thing after a podcast, but it was very important to me. He’s an awesome person, a great friend, and one of the most interesting and funny people I’ve ever met in my life. And I just felt terrible about it. And I told them I would never bring it up publicly again, but I think it is important to let people know that aspect of it.” “So I’m gonna call him and clear this with him and make sure he’s cool with me saying this, but I’m pretty sure he is gonna be. And that’s it… I’m a human and I’m flawed like all of us and I fck up and it’s probably not the last time. It’s definitely not. I’m going to f*ck up again. But my intention is never to hurt anybody, ever. And that’s why I mean I very rarely if ever even get upset at anyone other than like corrupt politicians. But I do my best to just try to be a good person, spread positivity.”

RedWave Press

2,264,335 views • 1 month ago

Novak Djokovic was asked about why American men don’t dominate tennis anymore: “I don’t think you’re lacking players… it’s just, maybe at the moment, you don’t have someone that would take it to the next step and play for Grand Slams and be top player of the world. But that could change very quickly. Women’s tennis is doing very well currently with American players.” “I think it’s not a big issue, it’s a matter of time.” (via Australian Open Press)

Novak Djokovic was asked about why American men don’t dominate tennis anymore: “I don’t think you’re lacking players… it’s just, maybe at the moment, you don’t have someone that would take it to the next step and play for Grand Slams and be top player of the world. But that could change very quickly. Women’s tennis is doing very well currently with American players.” “I think it’s not a big issue, it’s a matter of time.” (via Australian Open Press)

The Tennis Letter

652,491 views • 4 months ago