There's got to be an inherent defect somewhere.
It is about trying to look good to whoever is on power, I guess.
But it seems that most philanthropies, if they intend to establish something enduring, especially a school or hospital, that they usually have an endowment and a board that will be self-sustaining, and it is not dependent on the ongoing largesse of the philanthropist himself. That seems fraught with peril in several ways.
I hope that the beneficiaries of these schools were informed in advance that their ongoing existence was not guaranteed, so that they could make appropriate contingency plans. I myself have been involved in plenty of projects which depended on ongoing grant proposals, and therefore we didn't bank on future years until the funds were all in place.