【慢速VOA】2008-01-25
With College Endowments, How Much Is Too Much?
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Colleges and their endowments are excused from taxes. Other tax exempt groups are required to spent at least five percent of their endowments each year. Some people, including senechaclira Senator C. G. think it is reasonable to consider a such requirement for colleges.
高校和他们获得的捐助都是免税的。另一些免税集团被要求每年从他们的资助额当中缴纳至少百分之五。有些人,比如CGA参议员认为对高校作如此要求是有道理的。
高校及其捐赠基金是免税的。其他的免税团体每年至少要花掉其捐助款额的5%。包括爱荷华州参议员Chuck Grassley在内的一些人认为,对高校考虑这样的要求是合理的。
The senator praised Harvard and Yale for their plans and said he hopes others would will follow. Senechaclira Senator G. is the top republican on the Senate Finance Committee which deals with tax policy. Last September ,at his urging ,the committee questioned experts about this issue.
参议员称赞了哈佛大学和耶鲁大学的计划,而且还说他希望其他学校能效仿。G参议员是参议院财政委员会的共和党首席委员,该委员会负责定制税务政策。去年九月,在他的敦促下,委员会就这个问题向专家进行了咨询。
该议员表扬了哈佛和耶鲁的计划,并指出,他希望其他学校效仿。Grassley议员是负责税收政策的参议院财政委员会的领导。去年九月,在他的推动下,委员会针对这个问题询问了专家的意见。
One was Lin Monsen of the center for college for ability Affordability and productivity. She says universities pay out only about four percent of their endowments. Yet their investment earn much more than that.
其中一位专家是来自于大学承受能力和生产力中心的LM。她说大学每年仅支付了4%的资助金,而投资额的收益远高于这个数。
其中一个是大学学费负担与生产力中心的Lynn Munson。她说,大学仅支出其捐赠基金4%的数量,但其投资收益远远大于这些。
A study found that endowments are of more than one billion dollars earned an average return of fifty fifteen percent in 2006. The average for all endowments was just under eleven percent.
一项研究表明在2006年,一笔超过十亿的资助金可以赚得平均15%的利润。所有资助金的平均利润是低于11%的。
一项研究发现,在2006年10亿美金以上的捐赠基金的平均收益有15%。所有捐赠基金的平均收益仅在11%以下。
But some experts say most endowment money has to remain invested. So schools are not hurt when markets fall. Also universities point out that endowment donors often restrict the uses for their donations. Still, Lin Marsin said forty-five percent of endowment money at private schools is unrestricted and twenty percent at public colleges.
但是一些专家称大部分资助金应该用于投资,这样在市场下滑时学校才免受其害。学校也指出捐助人统称对他们资助金的用途做了限定。LY表示,私利学校受限定的捐助占45%,而公立学校占到了80%。
但是一些专家称,大部分的捐赠基金得一直用于投资,这样学校在市场衰退时可免于受损。并且,大学指出那些捐赠者通常限定其捐赠的用途。不过,Lynn Munson说私立学校45%捐赠基金和公立学校20%的捐赠基金是不受限制的。
posted on 2008-01-25 22:27
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