Comment on Universities’ large endowments are going untaxed

Universities’ large endowments are going untaxed

Last week, two news items hit my radar screen. Tax reform moved to center stage in Washington, and Harvard University’s not-for-profit endowment underperformed again. These two headlines meld into one for me, since I don’t understand how a college endowment — such as Harvard’s $37 billion larder — can be a tax-free entity.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News