Word: casey
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Dates: during 2000-2009
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...trillion-budget increases funding for higher education with an eye toward financial aid, the proposal freezes funding for the areas of scientific research that matter most to Harvard. “This proposed increase in Pell Grant funding is welcome news,” said Kevin Casey, Harvard’s senior director of federal and state relations. “But I think the budget overall for higher education is a mixed bag.” Casey cited the zero-increase in funding for the National Institute of Health (NIH)—which will mean a decrease after...
...Kevin Casey, Harvard’s director of federal and state relations, said yesterday that some individuals might not seek help from police if they believed their problems would become “front page news...
...While Harvard, which currently spends 3.5 percent of its endowment wealth each year, intends to provide the committee with much of the information that it has requested, Casey said a five-percent rule would be detrimental because universities face different challenges than other types of non-profit organizations...
...When charities have to reach the five-percent spending rate, they can just write a check to another group, but we have to plan budgetary cycles over a much longer horizon,” Casey said. “To establish the rules of the road is fine, if there’s abuse. But you don’t always have to legislate...
...Casey added that much of the difficulty in developing new spending efforts rests in the very nature of the endowment, which is comprised more than 11,000 private funds, many of which come with constraints on how they can be spent...