Grinnell administration lobbies in D.C., avoids 30 million dollar endowment tax

Grinnell administration lobbies in D.C., avoids 30 million dollar endowment tax

When the United States Congress proposed a dramatic increase to the federal endowment tax earlier this year, Grinnell College faced a cost of $30 million annually, significantly higher than the $2.4 million they paid in 2025. President Anne Harris and the administrative staff worked for months to coordinate lobbying efforts in order to halt the tax raise, which proved to be successful. The college not only avoided the tax increase but secured an…