In 2015, billionaire John Paulson donated $400 million to Harvard, the largest donation in its history. This prompted Malcolm Gladwell to enquire what possible marginal good that could create for Harvard whose endowment today stands at $53.2 billion.

Why not give it to a smaller university, where it could do much more? This is what Hank Rowan did 30 years earlier when he gave $100 million to Glassboro State University, a tiny, almost bankrupt school in South Jersey. Gladwell did an enlightening podcast on that gift and where philanthropy works hardest.

Meanwhile…