4 ms·
I read that Harvard's endowment is not taxed because Harvard is a non-profit organization. No private non-profit university's endowment is. People are acting li
by vinceguidry 9y ago
I read that Harvard's endowment is not taxed because Harvard is a non-profit organization. No private non-profit university's endowment is. People are acting like the government treats universities like farmers. But unless someone can actually show that Harvard is getting special treatment that no other non-profit university is, I'm not buying it.
Yes, they get research grants. So do a lot of institutions. Who else is going to do research? Maybe Harvard gets more than most. So what?