2008-01-25 With College Endowments, How Much Is Too Much?

2008-01-25
Colleges and their endowments are excused from taxes. Other taxes exam tax-exempt groups are required to spend at least five percent of their endowments each year. Some people including Senator * * * Chuck Grassley of Iowa think it is reasonable to consider such a requirement for colleges.

学校及所得捐款均被免税. 其他免税团体则必须每年缴纳捐款的5%. 包括爱荷华州的参议员Chuck Grassley的一些人认为大学这个团体也有理由按此比例纳税.
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 preys praised Harvard and Yale for their plans and said he hopes others will follow. Senator * Grassley is the top Rrepublican on the Senate Finance Committee which deals with taxes policy. Last September at his ear? urging the committee questioned the experts about this issue.

这位参议员表扬了哈佛和耶鲁的计划.同时他也希望其他院校跟随他们一起这样做.Grassley是在专门管理税务的参议院金融委员会中共和党员首领.去年九月,在他的说服下,委员会就此问题咨询了专家们.
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 lean mention Lynn Munson , of the Center for College for the ability Affordability and Productivity. She says universities pay out only about four percent of their endowments , yet their investments earn much more than that.

其中一位是Lynn Munson,来自大学资力与生产力中心. 她说大学仅仅拿出4%的捐款,而他们的投资所得远远多于其付出.
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 find found that endowments are of more than one billion dollars earned everage an average return of fifteen percent in two thousand six. The everage average for all endowments with was just under eleven percent.

一项研究发现2006年,十亿多元的捐款平均收益率可达15%.所有捐款平均收益率不超过11%.
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 market full markets fall. Also universities pointed point out that donors often restrict the uses for their donations. Still lay mention Lynn Munson said forty-five percent the of endowment money at private schools is unrestricted and twenty percent at public colleges.

一些专家说很多捐款不得不去做投资,所以一些学校在效益不好时能够不被影响. 然而学校们指出捐款人经常会限制款项的用途. Lynn Munson说私立学校的45%的捐款是不受限制的,公立大学是20%.
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 @ 2008-01-26 00:04 yeatsgg 阅读(20) 评论(0)  编辑  收藏 网摘收藏

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