The University of Penn just lost a massive donation – and I do mean massive – over her response to the question by Elise Stefanik on whether calls for Jewish genocide violated their student conduct policies.

According to Axios, Penn lost a $100 million dollar donation

A University of Pennsylvania donor is withdrawing a gift worth around $100 million to protest the school’s response to antisemitism on campus.

The final straw for Ross Stevens, founder and CEO of Stone Ridge Asset Management, was Tuesday’s widely criticized congressional testimony by Penn president Liz Magill.

The gift from Stevens, a Penn undergrad alum, was given in December 2017 to help establish a center for innovation in finance.

It was in the form of limited partnership units in Stone Ridge, with the current value estimated at around $100 million.

Stevens, in a letter from his lawyers to Penn, alleges that the school has violated the terms of the limited partnership agreement, including its anti-discrimination and anti-harassment policies.

Referring to Penn, Stevens writes: “Its permissive approach to hate speech calling for violence against Jews and laissez faire attitude toward harassment and discrimination against Jewish students would violate any policies of rules that prohibit harassment and discrimination based on religion, including those of Stone Ridge.”

This isn’t the first time that Stevens has used his pocketbook to express disagreement with Penn policies. Earlier, he redirected a different $100 million gift from Penn’s business school to the University of Chicago.

According to the New York Times, Stevens “changed his mind because he thought the school was prioritizing D.E.I. over enhancing the business school’s academic excellence.”

Losing a gift of that size has got to be utterly shocking to the university president and her staff. I will note that while the intention is to pull the gift from the university, Axios says the letter did leave open a discussion about it.