Monday, December 10, 2018
Controversy surrounds University’s voluntary payments - AAKSHI CHABA, Yale News
As a large budget deficit faces New Haven this year, residents are continuing to call for the University to provide additional financial support to the city they call home. Due to its status as a nonprofit, Yale is not taxed by the state of Connecticut. This status specific to nonprofit organizations, including universities and hospitals, is written into the state constitution. The University does, however, make annual voluntary payments — more than $11.5 million this year — to the Elm City. University officials defended Yale’s contributions to the city, noting that this voluntary payment is the “largest” payment made by a university to a single municipality.
https://yaledailynews.com/blog/2018/11/30/controversy-surrounds-universitys-voluntary-payments/