I think this comment fails to see that this isn't about philanthropy but about buying into networks/access/prestige that these schools (Yale, Horace Mann) provi

I think this comment fails to see that this isn't about philanthropy but about buying into networks/access/prestige that these schools (Yale, Horace Mann) provide. Leland Stanford's reason for starting Stanford in his son's name was to honor his son's memory (who died when he was nine). Perhaps if his son was alive and wanted to attend college, he may have donated to Harvard or Wharton instead.