Over the last two years, tax-exempt colleges and universities have become targets of increased scrutiny by the Secretary of Education, the Internal Revenue Service ("IRS") and the Senate Finance Committee. With the looming budget crisis and an ever-increasing deficit, regulators are taking a hard look at whether these institutions are providing the public benefits commensurate with the tax breaks they receive as a result of their tax-exempt status.
Articles: Endowments
3/1/2009
1/1/2009
As colleges and universities face the sobering realities of the economic crisis, one has to wonder: Is higher education approaching the perfect storm?
12/1/2008
 |
THE WORLD’S FINANCIAL markets spent the latter part of 2008 in an unprecedented state of volatility. Pictures of frazzled and depressed traders became one of the worst clichés in the news because they seemed to run every day.
6/1/2008
 |
IT'S AN ELECTION YEAR, SO we're hearing a lot about income and wealth inequality in the United States.
5/1/2008
A leading environmentalist who happens to be our former vice president, Al Gore, said, "Holding a 'feel-good' investment may appeal to the heart, but it's of no real use if it doesn't produce a healthy financial return." The investment behavior of university and college endowments appears to confirm Gore's comments.
