[longtermmemmory]

windfall endowment tax

[maui_hawaii]

Actually the government's (democrats) recent attack on Private Equity industry would tax the holy hell out of this money.

Not on the back end when its in the endowment... but before it gets repatriated.

[winner3000]

Great point! Nobody asks why the government is still sending these grants when the universities are awash with tax payer money from before. Unfortunately that kind of money makes universities very powerful lobbyists of government, and what politician is going to go against such power? Unfortunately the media is not interested in blowing open that scandal.