See every side of every news story
Get Started
SubscribeLogin
Israel-Hamas Conflict
Tariffs
Liberation Day
Natural Disasters
Donald Trump
Social Media
Baseball
Trade War
Artificial Intelligence
Stock Markets
Trade
Education
Soccer
Published • loading... • Updated

Twenty-one percent excise tax threatens Grinnell College’s large endowment

Summary by thesandb.com
On Jan. 15, Rep. Troy Nells (R-TX) introduced the Endowment Tax Fairness Act in the United States House of Representatives. If signed into law, the act would make Grinnell College’s endowment subject to a 21% excise tax, a sharp increase from the current 1.4% tax. The tax would affect “realized investment gains and income” of the endowment, according to Ellen de Graffenreid, Vice President of Communications and Marketing. The rate of 21% is the …
DisclaimerRead with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.

2 Articles

All
Left
Center
Right
1
WNDWND
Far Right

Republicans eyeing vast billions in university endowments for new taxes * WorldNetDaily * by Bob Unruh

'I love it. We should do it'

·Medford, United States
Read Full Article
thesandb.comthesandb.com

Twenty-one percent excise tax threatens Grinnell College’s large endowment

On Jan. 15, Rep. Troy Nells (R-TX) introduced the Endowment Tax Fairness Act in the United States House of Representatives. If signed into law, the act would make Grinnell College’s endowment subject to a 21% excise tax, a sharp increase from the current 1.4% tax. The tax would affect “realized investment gains and income” of the endowment, according to Ellen de Graffenreid, Vice President of Communications and Marketing. The rate of 21% is the …

·Grinnell, United States
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

thesandb.com broke the news in Grinnell, United States on Monday, March 31, 2025.
Sources are mostly out of (0)
Stories disproportionately reported by the Left or the Right

Similar News Topics

Taxes

Taxes

Grinnell

Grinnell

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.

News
For You
SearchBlindspotLocal