Legislation would repeal the excise tax on the net investment income of certain private colleges and universities.

As we seek to debunk the many myths about endowments, advancement professionals can leverage data and storytelling to connect the dots between gifts and beneficiaries.

In January, Representatives Smith and Cuellar reintroduced a bill that would allow nonitemizing taxpayers deduct charitable gifts without a limitation.

Republicans and Democrats at both the federal and state levels have proposed taxing endowments or mandating how endowed funds are spent. One such proposal has actually become law.

Voters delivered a split decision during the 2018 U.S. midterm elections, with Democrats gaining a majority of seats in the U.S. House while Republicans slightly expanded their majority in the U.S. Senate.

The IRS) recently announced that private colleges and universities subject to the new endowment excise tax can use the stepped-up basis for computing net investment income.

Rep. Tom Reed (R-NY) introduced the REDUCE Act, a bill would create a mandatory spending requirement for certain private college and university endowments.

Reps Smith, R-N.J., and Cuellar, D-Texas, introduced a bill that would allow non-itemizing taxpayers to deduct charitable gifts without a limitation.

Rep. Delaney, D-Md., and Rep.Byrne, R-Ala., recently introduced the Don't Tax Higher Education Act (H.R. 5220), legislation that would repeal the 1.4 percent excise tax on the net investment income of certain private colleges and universities included in the new tax law.

Institutions increasingly face challenges of perception about the impact of higher education on society, says CASE President and CEO Sue Cunningham