Harvard, Yale under investigation for failing to report foreign funding -- and subsequent theft of technology and intellectual property by big donor countries.

Harvard, Yale under investigation for failing to report foreign funding -- and subsequent theft of technology and intellectual property by big donor countries. (thehill.com)

submitted 4.8 years ago by CluelessInTheDark

6 comments

bruno196101 4.8 years ago

Strip them of their tax exempt status. If they want to play social engineers let them pay their fare share. As soon as they are force to pay taxes on billions they will shut up and get back to education.

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OutlawCountry 4.8 years ago

((( Yale )))

((( Harvard )))

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Ponycam 4.8 years ago

They want to build up their endowments, and this was an easy way to do it. Who was going to investigate these kinds of contributions?

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Whitefox00 4.8 years ago

Billions?! Damn that’s a lot of money. They are already making plenty off the huge amount of tuition/student loans they are receiving nowadays. Back when I worked for a school district it was drilled into our heads never to accept any gifts over $25. But I have a lot of questions on this. Don’t these schools have to provide financials showing where their money goes? If they’re making deals or accepting gifts from our enemies, doesn’t this put them at risk for being traitors/treason?

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SearchVoatBot 4.8 years ago

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derram 4.8 years ago

https://archive.ph/wip/arWpT :

2020-02-12 | Harvard, Yale under investigation for failing to report foreign funding | TheHill

'The Education Department has launched a probe into Harvard and Yale, after it claims to have discovered that U.S. universities have failed to report billions of dollars in funding from foreign countries such as China. '

'If the institutions refuse to hand over the documents, the Education Department can send its request to the Justice Department to pursue either civil or criminal action. '

'The U.S. universities were described by in Education Department documents as "multi-billion dollar, multi-national enterprises using opaque foundations, foreign campuses, and other sophisticated legal structures to generate revenue," The Wall Street Journal reports. '

'Education Department documents obtained by the Journal state that the money that is received by the universities "apparently does not reduce or otherwise offset American students' tuition costs."'

'Harvard confirmed in an email to The Hill that the university has received the notice from the government department. '

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