We're at a point in the US where wealthy donors are more hands-on with the institutions they fund than they have been in much of the past century. We can see this in donor interference against pro-Palestine organizing, but even more generally in the civil society/nonprofit world.
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For universities, there was essentially an industry-wide agreement in 1900 (policies by Harvard, Columbia, UChicago, etc.) that donor's couldn't intervene in faculty matters. This came after the high-profile case of Richard T. Ely, who donors sought to fire bc he was pro-union.