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Testimony to House Subcommittee for Hearing on College and University Endowments

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Testimony to House Subcommittee for Hearing on College and University Endowments

September 13, 2016

​Testimony for the record submitted to the House Ways and Means Subcommittee on Oversight for the Sept. 13 hearing, “Review of Tax-Exempt College and University Endowments.”

The statement explains the role that institutional endowments play in college and university financing and  also corrects common misperceptions about how endowments work.

Along with ACE, associations signing the testimony include:

  • Association of American Universities
  • Association of Governing Boards
  • Association of Jesuit Colleges and Universities
  • Association of Public and Land-grant Universities
  • Council for Christian Colleges and Universities
  • National Association of Independent Colleges and Universities

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