Word: fasã
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...subunit of FAS??€”including undergraduate student groups—can open gift accounts that FAS administers. Alumni can make tax deductible donations directly to them, and the Harvard Management Company manages the funds as if they were part of the rest of Harvard’s endowment. For student groups, the accounts have the added benefit of providing donors with the security of knowing that the groups can only withdraw from the accounts for specific purposes. The gift tax is a levy on any withdrawal that an FAS subunit makes from its own gift account. Without prior notice...
...Brien’s firing this summer was the first indication, and the gift tax is the first concrete issue on which Knowles’ apparent indifference toward student interests is nakedly apparent. He is treating students as just another FAS constituency rather than as a central element of FAS??€™ mission that deserves extra attention. This de-prioritization of undergraduates has, in the past, led to horrifying misuses of University resources. To give one stark example, the University built a library administration building on frat row (Mt. Auburn St.) and built student group offices into an old library...
...Even worse, when questioned about the costs, the EAC has reminded students that the referendum is non-binding, and thus won’t necessarily incur any costs since it will have no definite effect on FAS??€™ operations. If Harvard finds the cost to be too expensive or too inconvenient, then it seems that the EAC would settle for eight percent reductions, or maybe six percent. They would settle for any outcome as long as Harvard starts moving, and moving publicly. Yet if the EAC deems the vote unlikely to achieve the goal stated on the referendum...
Mallinckrodt Professor of Physics and Leverett House Master Howard M. Georgi ’68 suggested that many of the HUDS programs that FAS funds, such as Brain Break, should be considered a part of FAS??€™s academic programs...
...president must compel the Faculty of Arts and Sciences (FAS) to spend its precious dollars on priorities that the Faculty itself might not share. (In addition, the president must be willing to spend his or her own discretionary funding on undergraduates, as Summers did on several occasions.) Conversely, FAS??€™ bleak financial outlook must not justify an attempt to cut existing programs, let alone hamper new ones—and the president alone has the ability to ensure that the Faculty is spending money on more than just faculty members...