Word: grassley
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...Grassley toned down his criticism of endowment use in a panel last month, instead calling for a specialized tax filing for colleges and universities...
...statement Wednesday, Grassley praised the compliance questionnaires as imperative to ensuring accountability in university finances...
...Though the strong investment returns and fundraising are good news for the University’s financial health, such growth could become a public relations liability in light of accusations from lawmakers, namely Senator Charles E. Grassley, that the nation’s wealthiest universities are hoarding money to build their endowments rather than spending more aggressively on financial...
...Grassley, an Iowa Republican, has floated the possibility of mandating a minimum five-percent payout rate for higher education endowments, similar to the current standards for foundations and other charities that receive tax-exemptions...
...Senator Charles E. Grassley, an Iowa Republican, brought to light possible conflicts of interest in early June when he revealed that psychiatrists Joseph Biederman, Thomas J. Spencer, and Timothy E. Wilens of Harvard-affiliated Mass. General Hospital failed to report the full amount—totaling over $4 million—that they earned from drug companies over the last seven years, according to the senator’s investigation...