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  • 3 days ago
The Trump administration canceled $400 million of federal funding to Columbia, but New York’s Ivy League university keeps handing millions to the president.

Read the full story on Forbes: https://www.forbes.com/sites/danalexander/2025/04/17/columbia-university-pays-trump-millions-of-dollars-a-year/

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Transcript
00:00Columbia University pays Trump millions of dollars every year.
00:04Columbia University was among the first colleges to face the wrath of Donald Trump,
00:09whose administration canceled $400 million of funding and arrested two student protesters.
00:15But there's one thing that makes Columbia different from every other college in America.
00:20It pays millions of dollars in rent each year to the President of the United States.
00:24The money flows indirectly, which might help explain why so few of people have taken notice.
00:31Columbia pays about $8 million a year to lease doctor's offices inside 1290 Avenue of the Americas.
00:39The property's largest individual owner is Donald Trump, who holds 30% stake.
00:45Strip away the layers and the President personally receives an estimated $2.5 million of annual rent via the deal.
00:52Read more at Forbes.com.

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