There's an old Malcolm Gladwell podcast where he interviews (and attempts to skewer) then President of Stanford University John L. Hennessy precisely on the topic of Stanford continuing to solicit donations and increase its ambitions despite having a very large amount of money. I actually think Gladwell's arguments are mostly ridiculous, especially his "accusation" that Hennessy is a "strong link" thinker. But the topic and the interview are interesting.

That podcast episode:

https://omny.fm/shows/revisionist-history/my-little-hundred-...

I found a partial transcript of the episode:

https://www.simonsays.ai/blog/my-little-hundred-million-with...