Yesterday was the Columbia Alumni Association’s first "Giving Day," a fundraising competition that pitted Columbia schools and programs against one another in an effort to raise as much money as possible in a 24-hour period.
The five schools or programs that raised the most money---Columbia College, Athletics, the School of Engineering and Applied Science, the Business School, and the Law School---split $120,000 in bonus funds contributed by members of the board of trustees. On top of that, all 21 schools and programs that participated split an additional $250,000, proportional to their fundraising, in trustee bonus funds.
Check out Burhan Sandhu's graphic in today's paper for a visual representation of all of that money.
So: What could/should we do with all this cash?
