President Donald Trump's massive tax and spending package levies a hefty tax on the universities with the largest endowments.

The tax bill raises the highest endowment tax rate — first passed into law in 2017 during President Trump’s first term, but ...

President Donald Trump signed into law a sweeping tax and spending package that significantly raises the federal excise tax ...

Grinnell College would have been the only Iowa school affected by a tax increase on colleges with large endowments in ...

Despite the passage of the Republican-led mega bill, the College won’t pay an increased tax on its endowment next year. The ...

The university has engaged in talks with the administration and has tried to drum up money from private sources.

It looked like the University of Notre Dame would be safe from a GOP proposal to raise taxes on college endowments. But a ...

Harvard's total endowment is valued at more than $50 billion. Senate Republicans, who are largely more moderate than their counterparts in the House, ultimately watered down the legislation.