CatholicCulture.org reports that the University of Notre Dame's annual donations fell off the cliff in the year ending 2009; dropping over $120 million dollars.
CC.org references in passing that honoring of the most militant, pro-abortion politician in America with a Humanitarian Award might have had some effect on donations. Ya' think???
The site then states, "The decline in donations largely coincided with the late-2000s recession, which officially began in December 2007 and ended in June 2009."
Oh really... let's see how the recession has affected some other big universities in the same region to test this theory. The below list shows: specific, similar-size universities; how much their donations went up or down in 2009 versus the previous year; and the percentage increase or decrease over the previous year:
Penn State University: +$4.8 Million (+2.7 percent)
Ohio State University: -$3.4 Million (-.14 percent - less than 1%)
Michigan State University: $-5.4 million (-4.2 percent)
University of Michigan: -$70 million million (-21 percent)
The University of Notre Dame: -$120 million (-35 percent)
If Notre Dame's decline in donations were due to the economy, other university declines would have been similar. As you can see, some of the universities' donations were actually up during this time frame.
If donations were affected by a lousy football season - I can hear this argument out there -, the donations to Michigan (who had a record of 3-9 that year) would have fallen much more than Notre Dame's (7-6). Notre Dame's donations for the year were $50 million worse than Michigan's.
I think the fallout from this decision is obvious with the above comparison. You can't offend the essence of an organization without major fallout.
People of Notre Dame, I am proud of you for not supporting this farce with your hard-earned money! I wrote this post to honor you.
The sad part is that Notre Dame did not lose this money for its beliefs, it lost this money for President Rev. John Jenkins' beliefs.
Htip to the bro's at CMR: