lifeVol
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- Nov 16, 2017
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Their ROI is different. Its not a form of monetary value back to them. Think of it this way. If you had an extra 5 million every year to donate, you would pick UT because its your alma mater and you enjoy being with your friends on saturdays and buying into the product of the university. You may get a building in your name or sign, or something that is a pat on your back. But, lets say that Neyland is half full and your friends (who don't donate as much as you) decided to not come around anymore and save their money. So, do you invest or give money to something that is no longer perceived as value or entertainment? Or do you donate elsewhere something else with a real return?
OK, this might get deep, and I admire and appreciate your arguments, I don't have a building named after me but worked for a guy who did, and understand (somewhat) that mindset and philosophy. There is a difference between being a philanthropist and just a power hungry bigwig who wants to flaunt their mettle. Being that as it may, having a building named after you, although self soothing as that probably is, doesn't harm anyone, except maybe the one who only offered next to the high bid for the name. But ramrodding hundreds of thousands of people just for the sake of saying you can does not seem like something you would like to be remembered for, regardless of the estate your will doles out when the time comes.