IRS Issues Final Report on Colleges and Universities Compliance Project | Planned Giving Design Center

IRS Issues Final Report on Colleges and Universities Compliance Project | Planned Giving Design Center: The Internal Revenue Service launched its Colleges and Universities Compliance Project (CUCP) in 2008 when it distributed detailed questionnaires to 400 colleges and universities, requiring comprehensive reporting by those institutions on financial results of business activities such as alumni travel programs and facilities rentals not directly related to higher education. In this article, attorney David Wheeler Newman reviews the findings of the IRS' final report.