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College and university endowments : overview, tax policy options, perspectives / Jeanette O'Brien, editor.

EBSCOhost Academic eBook Collection (North America) Available online

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Format:
Book
Author/Creator:
O'Brien, Jeanette, author.
Series:
Education in a competitive and globalizing world series.
Education in a competitive and globalizing world
Standardized Title:
College and university endowments (Nova Science Publishers : 2010)
Language:
English
Subjects (All):
Universities and colleges--United States--Endowments.
Universities and colleges.
Endowments--Taxation--United States.
Endowments.
Tax exemption--United States.
Tax exemption.
Physical Description:
1 online resource (88 pages) : color illustrations.
Place of Publication:
New York : Novinka, [2016]
Summary:
Colleges and universities maintain endowments to directly support their activities as institutions of higher education. Endowments are typically investment funds, but may also consist of cash or property. Current tax law benefits endowments and the accumulation of endowment assets. Specifically, endowment fund earnings are exempt from federal income tax. Additionally, taxpayers making contributions to college and university endowment funds may be able to deduct the value of their contribution from income subject to tax. The purpose of this book is to provide background information on college and university endowments, and discuss various options for changing their tax treatment.
Notes:
Includes index.
Description based on online resource; title from PDF title page (ebrary, viewed October 18, 2016).
ISBN:
1-63485-676-7

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