Writings by Randall

Should big nonprofits that operate like corporations still enjoy sweeping tax exemptions? Scott Hodge thinks not—arguing for nearly $40 billion in new federal taxes on large hospitals, wealthy universities, and donor-advised funds. His case highlights a growing tension: when mission-driven institutions behave like market giants, the public benefit of their tax breaks comes into question. Whether controversial or overdue, the debate forces us to ask what it really means to be a nonprofit today.