Word: tax-exempt
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...Seidel says that achieving the proper balance in this relationship requires “a complicated dance” because of Harvard’s facilities and the constraints they place on the geographically small city. As a nonprofit tax-exempt institution, Harvard uses public resources—like roads and sewage channels—with no legal requirement to pay for them. The University makes a voluntary annual payment to the city in lieu of taxes, but politicians frequently call on Harvard to contribute more...
...actually get something in exchange for their tax dollars. People are getting value in that dollar—we’re not wasting it,” he says.The mayor includes zoning laws that improve the environment and measures that make housing more affordable among his other accomplishments in office.Sullivan also says that the city’s relations with Harvard have improved under his watch. In February, Harvard reached a new deal with the city under which it will increase the voluntary payments it makes to compensate for its tax-exempt status.Although Harvard will shell out about...
That Gingrich used tax-exempt donations to underwrite his college course called Renewing American Civilization, which he told donors would promote the Republican cause. Federal law prohibits use of tax-exempt contributions for partisan political activities...
Gingrich has been criticized more for misleading Congress than for the underlying questionable use of tax-exempt funds. And his blame-the-lawyer strategy has already run into trouble. His attorney, Jan Baran, said last month that Gingrich personally reviewed all statements to the committee. And Baran announced that he would no longer represent Gingrich before...
That money was directed through a charity originally created by a Gingrich supporter to help poor kids. Lion's share of the money raised by the tax-exempt Abraham Lincoln Opportunity Foundation bankrolled cable-TV shows and other parts of Gingrich's program...