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This week, Harvard announced largest gift ever, $350m for public health, and some are asking if it's time to strip the university of nonprofit status.

"The world’s richest university just got a little richer. On Monday, Harvard announced that it has received its largest-ever gift of $350 million and it will rename its school of public health after its benefactor’s father. Public health is a wonderful and worthy cause, of course, and Harvard has a stellar program dedicated to it. But this gift — like so many other megagifts to megaendowments — has a hint of the ludicrous about it." -- Annie Lowery, New York

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