Does Your Institution have “Laundry Operations?”

Here’s a question we get occasionally: Our school has coin-operated washing machines anddryers are used by resident students to wash linens, clothing, etc.  Do the revenues from theLaundromat constitute unrelated business income? What if the Laundromat is open to the...

Raffles and Other Gaming Activities

These days, post-COVID, many colleges are looking toward new fundraising ventures in order to raisemuch-needed dollars. One opportunity may be in the form of “raffles.” Institutions should diligentlyresearch and ensure that they are staying within the law when it...