Oct
14
Steinbrenner Family donates $1M to MIT
ByBryan Hoch reported this evening that the Steinbrenner Foundation has donated $1 million to MIT. The money will go toward improvements for the school’s athletic facilities. On the face of it, it’s a rather random donation, but George’s dad Henry graduated from the Massachusetts university in 1927.
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The Mason Williams Watch
Aww! Why can’t they donate to my HS??11??11?
In a related story, the Steinbrenners also donated 2 mill of much needed money to the Dallas Cowboys organization for their loss of Punkman Jones.
Jerry Jones was last seen “making it rain” at a local strip club.
Do you think they could let Hank sit in on some classes? Perhaps with a box of crayons?
Lol na dude ur crazy hed make so much noise and be too much of a distraction
You are actually 100% right. MIT has an endowment of about 10 Billion Dollars. Which is more money than they could spend in years and years and years. Its not as much as Harvard which has an endowment of about 34 Billion, but still. Anyone who donates money to MIT or Harvard, or schools like that, is doing it to inflate their own ego. That money does no good, it just sits on the pile. MIT doesn’t need that money and will never spend that money. Meanwhile the entire SUNY system has a total endowment of about 566 million dollars, less than 6% of MITs endowment. Now MIT has about 10,000 students total graduate and undergraduate. The SUNY system has about 415,000 students. The Yankees play in New York State, New York State has a budget crisis, the SUNY system has 40 times the students of MIT but only about 6% of their endowment and the Yankees give money to MIT. Its a joke, MIT doesnt need it. Anyone who donates money to MIT is doing it to self eggrandize themselves. That money should be going to a public university that could actually use it.
GO BACK TO RUSSIA YOU COMMIE!!!!
Commie? I’m not saying people shouldn’t be allowed to donate to whatever school they want. They obviously should be allowed to, its their money afterall. All I am saying is that each indivual should look into this. If you want to give a large sum of money like 1 million dollars to an educational institution I’d think you’d want it to go to one that could actually use it.
Idk if you realize but he’s kidding.
I definately realized he was kidding, it just allowed me a chance to clarify what I was saying.
Yeah, sure you were…
I wasn’t sure you were kidding either. I couldn’t tell by the tone of your voice.
I’m not getting the Commie connection. I don’t think you’re applying it correctly.
well said kevin
I think you misread the story, Ben.
Truth is, Hank was driving around Massachusetts, drunk, while looking for new racehorses to buy and stopped at MIT to use a payphone to call Hal for directions. While at the school, he accidentally dropped a million dollars out of his pocket.
The school decided to keep it and not tell him.
You thing George would drop the cash at Williams… where he actually went
well, Williams is a liberal arts college, and George is a conservative/i> Republican, so yeah…
(yes, I know that liberal arts college =/ liberal college. bear with me.)
What??? George won’t be voting for Obama? I don’t believe it.
I’m sure if he gets a creative accountant, he can receive tax breaks by reporting an annual income of under $250,000.
These were maintenance funds.
http://mitathletics.cstv.com/f.....enner.html
The facility was originally built and named in honor of George’s father 30 years ago.
How do you know he hasn’t? I’m actually sure he has.
You take this, Virginia Tech, Katrina, and the Tsunami… I think we bought the doorway for the new stadium. Or wait… a bizillion books for the SUNY library. What is the world coming to?
Don’t the Yanks know there are starving FA’s out there that need the money? We better get it straight.
Wait, MIT has athletic facilities?
Sorry, couldn’t let this comment go without a reply. MIT actually competes in more intercollegiate sports than almost every other school, mainly because they field teams in the regular sports plus the more esoteric sports like fencing, pistol, squash, etc. They do this without scholarships or preference for admission. All at the Division III level. Over 90% of students participate in intramural athletics with the most popular being intramural hockey(I think over 50% of students participate) played in of course, the building Henry Steinbrenner donated (our atleast a big chunk of it). While MIT hasn’t produced a NFL player yet they have produced a MLB player.
I’m sure that those are some of the finest games played. The ice is probably scattered with pocket protectors and inch-thick glasses.
(I’m channeling my best Stan Gable.)
Not exactly true today. The tools of the trade today are all in the head. While you’re quite correct that the D league games are not much to watch (Tripod league), if you found yourself on the ice for an A league game you’d be on your ass.
Well, Troy, since I live in Daytona Beach, FLORIDA, chances are that I would be on my ass in a D league game too. The only experience I have with ice, is that it helps me cool my drinks.
Well, than it’s all worth it.