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Harvard University Encourages Students To Go On Food Stamps, Even Though It's the Richest School In The World With A $53 Billion Endowment


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Jeannine Mancini
Wed, August 9, 2023 at 1:10 PM EDT·3 min read
 
 
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Harvard University recently organized an event to support graduate students enrolling in government food assistance programs.

The Health Services office sent a flier to graduate students, encouraging them to participate in the SNAP Benefits Sign-Up event in April. The flier read, "Fuel your body & stock your pantry. Did you know that grad students may qualify for assistance paying for food & groceries?"

Harvard University is the wealthiest academic institution globally, boasting an endowment of approximately $53 billion. With such a substantial endowment, Harvard has the means to support a wide array of academic programs, research endeavors, scholarships and initiatives.

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2 minutes ago, racer254 said:

Which ones?

:news:

More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year

 

https://www.forbes.com/sites/tommybeer/2021/04/02/more-than-50-major-us-corporations-including-nike-and-fedex-paid-no-federal-taxes-last-year/?sh=531b035421d3
 

Despite record profits in 2021, many corporations are paying barely any taxes

19 profitable Fortune 100 corporations that reported they will owe little or no taxes for 2021

Table showing the 2021 federal income tax expenses, pre-tax earnings, and effective corporate income tax rates for 19 companies in the Fortune 100, four of which show a negative tax rate, or zero taxes owed that year.
Table with 4 columns and 19 rows. Currently displaying rows 1 to 19. Sorted ascending by column "Corporation"
Corporation  Current U.S. federal income tax expense Pre-tax U.S. earnings minus state and local taxes owed U.S. federal effective tax rate
Amazon.com Inc. $2.1 B $35.1 B 6.1%
American International Group Inc. −$216 M $9.8 B −2.2%
AT&T Inc. −$1.2 B $29.6 B −4.1%
Bank of America Corp. $1.1 B $30.6 B 3.5%
Charter Communications Inc. −$12 M $6 B −0.2%
Chevron Corp. $174 M $9.5 B 1.8%
Coca-Cola Co. $243 M $3.4 B 7.1%
Dow Inc. −$46 M $1.5 B −3.1%
Exxon Mobil Corp. $262 M $9.3 B 2.8%
FedEx Corp. $199 M $4.7 B 4.2%
Ford Motor Co. $102 M $10 B 1.0%
General Motors Co. $20 M $9.4 B 0.2%
JPMorgan Chase & Co. $2.9 B $48.2 B 5.9%
Merck & Co. Inc. $74 M $1.9 B 4.0%
MetLife Inc. $62 M $4.8 B 1.3%
Microsoft Corp. $3.3 B $33.7 B 9.7%
Nike Inc. $328 M $5.6 B 5.9%
United Parcel Service $1.4 B $14 B 9.9%
Verizon Communications $1.9 B $27.2 B 6.9%
 

 

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2 minutes ago, SnowRider said:

:news:

More Than 50 Major U.S. Corporations—Including Nike And FedEx—Paid No Federal Taxes Last Year

 

https://www.forbes.com/sites/tommybeer/2021/04/02/more-than-50-major-us-corporations-including-nike-and-fedex-paid-no-federal-taxes-last-year/?sh=531b035421d3
 

Despite record profits in 2021, many corporations are paying barely any taxes

19 profitable Fortune 100 corporations that reported they will owe little or no taxes for 2021

Table showing the 2021 federal income tax expenses, pre-tax earnings, and effective corporate income tax rates for 19 companies in the Fortune 100, four of which show a negative tax rate, or zero taxes owed that year.
Table with 4 columns and 19 rows. Currently displaying rows 1 to 19. Sorted ascending by column "Corporation"
Corporation  Current U.S. federal income tax expense Pre-tax U.S. earnings minus state and local taxes owed U.S. federal effective tax rate
Amazon.com Inc. $2.1 B $35.1 B 6.1%
American International Group Inc. −$216 M $9.8 B −2.2%
AT&T Inc. −$1.2 B $29.6 B −4.1%
Bank of America Corp. $1.1 B $30.6 B 3.5%
Charter Communications Inc. −$12 M $6 B −0.2%
Chevron Corp. $174 M $9.5 B 1.8%
Coca-Cola Co. $243 M $3.4 B 7.1%
Dow Inc. −$46 M $1.5 B −3.1%
Exxon Mobil Corp. $262 M $9.3 B 2.8%
FedEx Corp. $199 M $4.7 B 4.2%
Ford Motor Co. $102 M $10 B 1.0%
General Motors Co. $20 M $9.4 B 0.2%
JPMorgan Chase & Co. $2.9 B $48.2 B 5.9%
Merck & Co. Inc. $74 M $1.9 B 4.0%
MetLife Inc. $62 M $4.8 B 1.3%
Microsoft Corp. $3.3 B $33.7 B 9.7%
Nike Inc. $328 M $5.6 B 5.9%
United Parcel Service $1.4 B $14 B 9.9%
Verizon Communications $1.9 B $27.2 B 6.9%
 

 

Make sure you don't buy anything from these corporations!

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