Word: tax-exempt
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...University has clashed with federal regulators in the past—especially Senator Charles E. Grassley, who has investigated Harvard’s ties to pharmaceutical companies and applauded the IRS’s decision in 2008 to examine U.S. colleges' and universities’ use of their tax-exempt status...
...coming audit will focus on the University’s unrelated business income (revenue streams that are not tax-exempt) and compensation practices—an issue which has drawn scrutiny from some alumni in the past...
Senator Charles E. Grassley, an Iowa Republican, has voiced loud criticism against tax-exempt organizations, including both universities and hospitals. In the past, Grassley has argued that universities receiving government funding should keep their operating costs low and dedicate more funds toward financial aid in lean economic times...
Carens told the crowd that Harvard is "fabulously rich" and assailed the University for cutting jobs and failing to "live up to its responsibility in our community" as a tax-exempt, non-profit organization during a tough recession...
...number of undergraduate Houses from seven to 10—sought to acquire a stretch of prime river-front property owned by the Massachusetts Transit Authority. But from his corner of City Hall, Councillor Alfred “Big Al” E. Vellucci moved to block tax-exempt Harvard’s expansion, hoping instead that private investors would develop the land and augment the city’s coffers.But before either party could have its way, the MTA (now called the Massachusetts Bay Transportation Authority) would have to agree to sell its 12 acres west of Kirkland...