Claim: "Harvard is sitting on top of a $54 billion hedge fund they call an 'endowment' that they pay zero taxes on. Yale has $31 Billion. Stanford $29 Billion. Princeton $26 Billion."
Fact-check: University endowments are taxed, have spending restrictions
Verdict: half-true
Organisation: PolitiFact
Author: Madison Czopek
Date published: 2022-08-31T00:00:00