Daily News Roundup: Harvard, Yale, and Others Trying to Repeal Endowment Tax
April 17, 2018 | Read Time: 1 minute
Top News
Harvard and Yale Are Among Colleges Working to Repeal Endowment Tax (Bloomberg). Plus, see a Chronicle article about big nonprofits that are rapidly stockpiling endowment cash.
News About Big Gifts
Amherst Wins $100 Million Anonymous Gift (Amherst Student)
Adelsons Donate $70 Million to Help Connect Young Jews to Israel (Bloomberg)
Beyoncé Gives $100,000 to 4 Historically Black Colleges (Associated Press)
More News
Broken Trust: How Henry Lyons Cheated a Temple Terrace Church and One of the World’s Wealthiest Charities (Tampa Bay Times)
Nonprofit Helps Va. Maintain Lowest Recidivism Rate (Capital News Service)
Universal Basic Assets Could Be the Foundation to Build an Equitable Society (Fast Company). Plus, see a Chronicle op-ed on why many philanthropists are backing efforts to advance a basic income.
A High-Paying Job? Go to App Boot Camp (New York Times)
Obituaries
William Beinecke, Patron of Central Park and Yale (New York Times)
Billionaire Banking Heir Matthew Mellon (Associated Press)