American colleges and universities have received close to $60 billion in foreign gifts and contracts over a decades-long span, according to a new watchdog report.
Americans for Public Trust, a right-leaning dark money watchdog, found the nearly $60 billion of foreign money has gone into hundreds of colleges and universities, with 10 elite schools raking in a third of the money, raising concerns about national security and a lack of compliance with disclosure laws.
“For far too long, a staggering amount of foreign money has flowed into our colleges and universities with little to no transparency or oversight. Much of these foreign funds can be traced back to countries that have well-established adversarial relationships with the United States or engage in direct or indirect malign activities against our country,” said Caitlin Sutherland, executive director of Americans for Public Trust.
Read more at National Review.
