Search Results: keywords:"endowment reporting"

  • S. 4247 — To establish Federal research award reimbursement limits for indirect costs for institutions of higher education, and for other purposes.
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    Status:Introduced in Senate
    Words:1,324

    The No Subsidies for Wealthy Universities Act aims to limit federal research award reimbursement for indirect costs at higher education institutions. It requires the collection of data on university endowments and prohibits the use of federal research funds for indirect costs...

    Simple Explanation

    The No Subsidies for Wealthy Universities Act is like a rule that says big universities with lots of money can't use government research money for extra costs, like keeping their buildings and offices running. Instead, they have to spend their own money for those things so the government can help smaller universities more.

  • H. R. 1023 — To amend the Higher Education Act of 1965 to require disclosure of certain foreign investments within endowments, and for other purposes.
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    Status:Introduced in House
    Words:2,437

    H.R. 1023, known as the "Reporting on Investments in Foreign Adversaries Act" or the "RIFA Act," aims to amend the Higher Education Act of 1965 to require certain higher education institutions to disclose foreign investments within their endowments, especially those involving foreign...

    Simple Explanation

    The RIFA Act is like a rulebook that tells colleges they need to tell everyone if they have money from other countries in their savings. If they don't follow the rules, they could get a big timeout called a "fine" and might not be able to play in some important games called "federal education programs."