Penn’s pittance is useful, overdue, and vastly insufficient | Nonprofit Quarterly
Penn is heralding the $100 million gift, which is targeted for facility improvements, as the largest it has ever made to the schools. Looking at the payment as charity, that might be seen as sufficient. But advocates have been pushing for 40 percent of what the university would pay in property taxes each year were it to pay taxes, and that would currently amount to $40 million a year.