GRC Insight: Governance, Risk, and Compliance in Context

GRC Insight is highlighting news, trends, and thought leadership in governance, risk, and compliance. We complement it with original opinion, research, and reviews. Save time, and stay on top of your profession.

Tag: Big Ed

News Highlight

Harvard and Yale Investigated for Failure to Report Foreign Funding

The Education Department is probing Harvard and Yale universities as part of a nationwide investigation that has identified at least $6.5 billion in undisclosed funding from foreign countries. The department claims Yale failed to report hundreds of millions of dollars during a four-year period in which it filed no reports. The compliance threshold is $250,000. The funders of concern include hostile countries China, Qatar, Russia, Saudi Arabia, and Iran and their representative companies and academic and cultural institutions.