Why Does Harvard Have Tax-Exempt Status and Can the IRS Revoke It? What to Know.

Why Does Harvard Have Tax-Exempt Status and Can the IRS Revoke It? What to Know.

The university, like many colleges and charities, is exempt from federal income and property taxes, saving it billions of dollars. President Trump has questioned whether it should enjoy that status.
John Thornton, Venture Capitalist Who Founded The Texas Tribune, Dies at 59

John Thornton, Venture Capitalist Who Founded The Texas Tribune, Dies at 59

An idealist, he founded The Texas Tribune, a model for nonprofit grass-roots news organizations nationwide, and the American Journalism Project, which supports them.