College Endowments in the Crosshairs of IRS
Filed in archive Philanthropy by Greg Cruey on April 27, 2008
Grassley is not alone. Last week his idea gained the support of Steven T. Miller, commissioner of the IRS's tax-exempt division. In remarks made at Georgetown University and published by , Miller said that the IRS was considering ways to make sure that colleges spend their endowments at at a rate that reflects the size of their assets.

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