Word: tax-exempt
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...Allow Harvard groups to hold joint meetings with outside groups when the purposes are "clearly educational." A strict application of the present rule would bar intercollegiate debates from College buildings, for example, and the council's suggested rule would adequately protect the University's tax-exempt status...
...requirement that admission fees must be for purposes of supporting the organization should be replaced by one saying that admission fees are permissible if they do not endanger the University's tax-exempt status...
...until now, University grants for pure research, like scholarships, have been tax-exempt. Now, however, those Research Fellows whom the Treasury thinks have completed their training and are already embarked on careers will have to pay taxes on their stipends...
...Treasury first began distinguishing between "professional" and "student" holders of fellowships in 1949, but so far the majority of Research Fellows here have remained tax-exempt...
...tax bill, now in conference, would hit tax-exempt co-ops such as certain farmers' groups. The Harvard Coop, however, has never been tax-exempt and thus would be unaffected by the pending legislation. It would merely continue to pay taxes on its net income...