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Why Did Some Graduates Miss Out on the Cash Gift

Author
GREY Journal
Published
Fri 27 Dec 2024
Episode Link
https://greyjournal.net/

During the May 16, 2024 commencement ceremony at UMass Dartmouth, all attending students received a $1,000 cash gift from billionaire Robert Hale Jr. To qualify, graduates had to be present and donate $500 to a charity. Approximately 20% of the 1,200 graduates were absent and missed the gift. Unclaimed cash redirected to a scholarship fund in Hale's name totaled $1.2 million. Each graduate received two envelopes: one with $500 and another for the donation. Hale employed this gifting strategy at other institutions, contributing to various causes. He plans further giveaways at additional schools and reports a net worth of $5.8 billion. Learn more on this news visit us at: https://greyjournal.net/




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