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Grassley also questioned Golden on the journalist’s claim that Harvard gives admission preference to children of members of the Committee of University Resources (COUR), which is composed of Harvard’s largest donors??both alumni and non-alumni...
...money is going, and they will be dissuaded from contributing to student groups if 15 percent of their donation will be involuntarily diverted to an unspecified location in the University. Additionally, the imposition of this tax without any warning has the potential to trip up ongoing fundraising efforts, as donors?? questions about the destination of 15% of their money remain unanswered.Furthermore, the University did not even provide student organizations with clear details about the new policy, leaving many of the minutiae up to the students’ imaginations. For example, groups are uncertain as to whether withdrawals...
Faculty of Arts and Sciences (FAS) organizations will now face a University-levied tax on the tax-deductible money that they receive from donors??a policy that affects student groups that hold gift accounts through Harvard...
...momentum of Harvard’s fundraising machine, with some alums and administrators worrying that the instability at the top of the University has led to the delay or even the withdrawal of significant gifts that had been under discussion.Those familiar with fundraising have indicated various reasons for donors?? hesitation to give what the University calls “transformational” gifts—an endowment of large magnitude, such as a building or other ambitious project—under the current interim administration.Several suggested that the reluctance was merely a natural result of the transitional period...
...rules cover everything from the purchase of equipment to what scientists can and cannot touch, Hyman wrote in an e-mail Monday night.Daley called the logistical protocols a “Herculean effort.”Harvard and Children’s Hospital have turned to private donors??including the Howard Hughes Medical Institute and several individuals—to help fund the research, which if successful will require “millions of dollars over the next few years,” according to Melton.—Staff writer Laurence H. M. Holland can be reached...