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Harvard and Yale investigated for possible non-disclosure of foreign money

Harvard and Yale investigated for possible non-disclosure of foreign money

The Department of Education announced a probe into Harvard and Yale accusing both universities of failing to report foreign gifts and contracts worth hundreds of millions of dollars. The DOE claimed Yale failed to report $375m in foreign transactions. Law requires most colleges and universities to report gifts from and contracts with foreign sources that are more than $250,000 twice a year.

Clara
Clara
IvoryDove
IvoryDove 7 months

Yet universities that receive foreign funding are free to donate money to political parties and campaigns. Foreign money flows all throughout DC. It just needs to be laundered through a US organization. #OverturnCitizensUnited and limit campaign donations to registered voters in the district of the campaign.

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