Modernizes the endowment match program for community colleges in Massachusetts
The bill amends the endowment match program for community colleges in Massachusetts to allow them to receive a match for any private donations received by their foundation, regardless of whether the funds are endowed or contributed to a capital outlay program. It also removes the exclusion of community colleges from the match program. The changes take effect immediately upon passage.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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