April 22, 2016

Harvard University President Defends $37 billion Endowment Before Money Worshippers In United States Congress



Currently (April 2016) it stands at over $37 billion

No need to visit Beacon Hill, or City Hall to defend a $37 billion endowment. Harvard University controls those two governments. In 2001 my bill in the MA legislature removed tax exemptions from non profits with more than $500,000 in funds. At the hearing Committee Chairman State Senator Marian Walsh was concerned about the Catholic Church. That was before the child abuse scandal was revealed.

http://www.thecrimson.com/article/2016/4/22/faust-visit-dc/

Faust Defends Tax-Exempt Endowment In D.C.
By ANDREW M. DUEHREN ,
Harvard CRIMSON STAFF WRITER
April 22, 2016

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