Billionaire Stephen Schwarzman had long list of demands in exchange for $25M donation to Abington High

Aaron Dorfman, president and CEO of the National Committee for Responsive Philanthropy, said the demands sounded excessive for a gift to a public high school.

“Naming opportunities are not at all unusual. That often comes with a large gift. But usually, those are gifts to private institutions, not to public, government-funded institutions like a school district,” said Dorfman, who laughed when told of the requirement that the school hang Schwarzman’s commissioned portrait.

As for the confidentiality requirements, Dorfman said: “I think that’s crazy. This is a public school district, and it’s a little outrageous to expect that kind of confidentiality.”

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