No, clearly not. A philanthropist may spend their own money however they want, but the government is spending taxpayer money and should not be so profligate. Why should we give that money to racists and antisemites? Especially a really wealthy institution like Columbia? Let the money go to a school that doesn’t employ racists, or directly to researchers. Researchers do not need to work at schools, you know. Or return the money to the people it was taken from; that would be the best policy economically. Either way we can do something better with it.