Word: exemption
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...School announced in August that it would exempt military recruiters from its nondiscrimination requirements in the face of a Pentagon threat to prohibit Harvard from receiving $328 million in federal research funding...
Harvard owns 189 acres of land in Cambridge that it doesn’t pay taxes on. But even though the University maintains its tax-exempt status, it makes voluntary contributions on an annual basis...
Some University land is on the tax rolls, ownings for which Harvard pays $4.3 million a year. But the current PILOT contributions to Cambridge for the rest of its land—the 189 tax-exempt acres—stand at just $1.5 million...
According to Cambridge Mayor Michael A. Sullivan, the full taxable value of Harvard’s tax-exempt ownings totals $34 million—more than 20 times the amount of Harvard’s current PILOT agreement...
...half, also subjected Harvard to intense pressure to make a deal that would satisfy all parties. The University’s purchase of the Arsenal had been controversial, sparking protests by local children and a response from the state legislature, which considered passing a bill to limit the tax-exempt holdings of non-profit institutions...