Harvard Spent $580,000 on Federal Lobbying During Bacow’s Final Full Year in Office
Harvard spent “the highest dollar amount of all Ivy League institutions for the sixth time in the past seven years,” reports the Crimson. What was Bacow lobbying for? Issues included “the excise tax placed on large university endowments, immigration reform [DACA], federal research investments, and funding for students in the fields of science, technology, engineering, and mathematics,” and foreign funding disclosures.
“Bacow traveled to Washington in May 2022 to lobby Republican and Democratic lawmakers against the endowment tax, which requires universities with endowments exceeding $500,000 per student to pay a 1.4 percent excise tax, as well as proposals that would tighten disclosure requirements for researchers receiving foreign funding.:
Related:
What Trump Gets Right About Harvard (Politico, 2/27/22)
Ivy League Universities Push for Special Tax Cut (The Intercept, 7/25/22)
Congress targets Harvard, Yale and Top Universities with China-Linked Endowments (Politico, 6/9/22)
The Harvard Connection (Spectator, 5/26/22)— related— MassCPR Donor Honor Role; Mark Rubio Letter to Harvard President Bacow (U.S. Senate, 6/15/22) , Rubio questions Harvard on Fauci-China cover-up (Spectator World, 6/15/22)
Biden Administration Plans to End Inquiry of Colleges’ Foreign Funds (Chronicle, Oct 5, 2022)
; Harvard and the Fight for Foreign Collaboration (Crimson, 5/26/22)
Harvard Leads U.S. Colleges That Received $1B from China (Bloomberg, February 2020)
