July 13, 2009, Bloomberg — Rising stock and bond markets are lowering projected endowment losses at Princeton University and Williams College. The schools said they expect no gains in the next fiscal year.
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Rich Donors May Be Undeterred by Tax Caps on Charitable Gifts
House Republican Leader John Boehner calls President Barack Obama’s proposal to limit high earners’ charitable tax deductions a “sharp blow to charities at a time when they are hurting during the economic downturn.”
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