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IVY LEAGUE COLLEGES – $42 BILLION
FY2010–2015 | FEDERAL PAYMENTS, SUBSIDIES, TAX–BREAKS: In March 2017, we published our OpenTheBooks Oversight Report – Ivy League, Inc. In this report, we quantified all federal payments, subsidies, and tax breaks for the eight Ivy League
schools between FY2010-FY2015. The Ivy League schools have $120 billion in accumulated endowment funds. Our findings launched on the editorial page of the Wall Street Journal in a column by James Piereson and Naomi Schaefer-Riley titled, Ivy League Doesn’t Need Taxpayer Help.
Our findings were also cited in the Boston Globe as providing research to congress as they instituted a new ‘excessive endowments’ tax in December 2017. openthebooks.com/wall-street-jo…
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