It’s Time to Make Colleges Pay Property Tax
Although the Ivies and other elite colleges and universities in the U.S. are financial titans, they are registered with the Internal Revenue Service as 501(c)(3) charitable nonprofit organizations. As a…
Posts tagged with
“university endowment”
Don’t Write a Blank Check to Your Alma Mater
When persons of means contemplate death, the question of where to leave their financial assets becomes acute. If they are higher education graduates, their former campuses have “advancement teams” ready…
Did You Know? The Biggest NC Endowments Keep Growing
A college endowment is a fund where an institution keeps its financial assets and donations and can invest that money for the college’s long-term stability. In North Carolina, the largest…
For University Endowments, There’s No Time like the Present
During his presidential campaign, Donald Trump argued that requiring wealthy universities to spend more of their endowment funds on tuition aid would reduce students’ financial burdens. Whether implementing that idea—which…
Re-thinking Those Giant Endowments!
Should colleges be required to pay out a percentage of their endowments?