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Wharton dean aware of University of Pennsylvania's 'reputational damage'

The University of Pennsylvania is among Ivy League schools dealing with backlash from deep-pocketed donor graduates over the school's tolerance of pro-Palestine groups and antisemitism.

The University of Pennsylvania is among schools embroiled in controversy over an uprising of antisemitism across college campuses. Some began after Hamas' Oct. 7 attacks on Israeli civilians. Others have been brewing. 

Penn recently alerted the FBI of threatening messages its staff members received targeting its Jewish community, and an investigation is underway, according to an email obtained by Fox News Digital.

Erika James, the dean of Wharton School at the University of Pennsylvania, addressed the ongoing issue during a Q&A session at the Economic Club of New York for a scheduled speaker series Tuesday moderated by New York Federal Reserve President John Williams. 

"It's our responsibility to repair those relationships. It's our responsibility to address that question, and it's our responsibility to address the reputational damage that is happening," said James, who also sits on the board of Morgan Stanley.

ISRAELI PRESIDENT'S LETTER TO AMERICAN UNIVERSITIES: READ HERE

"And we're working to do that. And I'm working to do it within the area of control that I have, which is the Wharton School. And I know my colleagues around the university are working on those three areas as well.

"Understanding what the needs are that our students have and our faculty and our staff have so that we can better see how to support them in this particular time, to allow them that sense of safety that they can do what they came there to do, which is studying, get their degree. But also create a community of support around them."

The University of Pennsylvania's endowment ranks as the seventh largest in the U.S. at over $20 billion, as tracked by National Association of College and University Business Officers and TIAA.

ONGOING COVERAGE: ANTISEMITISM EXPOSED

Even prior to the October attacks, the university was criticized after several groups held a "Palestine Writes" festival on campus in September, which included speakers accused of past antisemitic comments.

Like many Ivy League schools, Wharton, established in 1881 as the first U.S. business school, boasts high-end donor graduates, including Apollo CEO Marc Rowan, who has been among a group of vocal billionaires condemning Jewish hate and the muted response by university leaders to condemn it. 

APOLLO CEO MARC ROWAN CALLS ON UPENN LEADERS TO RESIGN

Rowan, whose net worth is $5.5 billion, per Forbes, has called for donors to "close their checkbooks." 

In a letter sent to the school’s newspaper, The Daily Pennsylvanian, he called for the resignation of UPenn President Liz Magill and Scott Bok, chair of the board of trustees. Rowan is the chairman of the board of advisers to the Wharton School. In 2018, he and his wife gave the business school $50 million.

BILLIONAIRE COOPERMAN TO HALT COLUMBIA DONATIONS

Rowan is not alone. Billionaire activist Bill Ackman has been championing the conversation and response to pro-Hamas students at his alma mater, Harvard Business School, after student groups signed a letter supporting Palestinians following the Hamas attacks on Israeli. Several weeks ago, he called on the school to release the names of the students and urged fellow Wall Street executives to ban the hiring of those individuals. 

Over the weekend, he blasted Harvard again. 

"I am writing this letter to you regretfully," Ackman posted to X, formerly Twitter, Nov. 4. The hedge fund manager called out Harvard President Claudine Gay for sending "a clear message that the eliminationist and antisemitic statements of the protesters are permissible on campus."

Ackman, whose post says he received a bachelor of arts from the Ivy League school in 1988 and a master of business administration in 1992, is worth $3.6 billion, according to Forbes.

Leon Cooperman of Omega Advisors has donated around $50 million to Columbia.

WALL STREET CEOS STANDING UP TO PRO-HAMAS COLLEGES

"These kids at the colleges have s--- for brains," Cooperman told "The Claman Countdown" host Liz Claman in a recent interview. "We have one reliable ally in the Middle East. That's Israel. 

"We only have one democracy in the Middle East. That's Israel. And we have one economy tolerant of different people — gays, lesbians, etc. That's Israel. So, they have no idea.

"Now, the real shame is, I've given to Columbia probably about $50 million over many years," he added. "And I'm going to suspend my giving. I'll give … to other organizations."

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Fox News' Joe Schoffstall and Hannah Panreck contributed to this report. 

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