For College Endowments, More Scrutiny Comes With Better Returns
- They may be a target for Congress as it seeks new tax revenue
- Duke: ‘A rising endowment certainly beats the alternative’
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Some wealthy U.S. colleges aren’t complaining about the strong performance of their endowments in the last fiscal year that led to record values, but don’t be surprised if they aren’t boasting about it either.
Financial success can bring complications, such as a Congress looking for new sources of revenue as it seeks to overhaul the tax code, parents besieged by sky-high tuition looking for a break, and donors who may question whether their gifts are even necessary.