Word: gerbers
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...Grassley continued to call for a specialized form in the statement and his spokeswoman, Jill Gerber, said the Iowa senator has also still not ruled out the possibility of trying to mandate a 5-percent level of endowment payout...
...Those largely open-ended questions elicited responses that varied widely in format—even from similar institutions—making it difficult for the finance committee to draw “intelligent conclusions,” Gerber said...
...Gerber added that the committee staff is now in the middle of analyzing the responses—which were received early last spring—and said they will likely not finish until early next year...
...press release accompanying Harvard’s investment returns today mentions “financial aid” six times in its first five paragraphs. Grassley has recently toned down his legislative threats as schools have posted lower returns amidst a market downturn. Earlier this week, Grassley spokeswoman Jill Gerber said endowment performance in tough market conditions would be a key factor in determining whether the senator would push legislation to mandate a five-percent rate. Harvard’s healthy 8.6 percent gain, while significantly lower than in recent years, left the endowment larger than last year in real...
...form required for tax-exempt and non-profit organizations. He added that he wanted a specialized form to require information about “student populations or costs.” Grassley’s proposal left vague what information a revised form might require and his spokeswoman Jill Gerber said specifics were unavailable, though she said the form would likely aim to standardize reporting on financial aid and endowments. The proposal follows months of threats from the Iowa senator about possible legislation that would require college and university endowments to pay out at least five percent annually?...