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Tax haven - The Yale Herald <br />Yale's vice president of New Haven and state <br />affairs and campus development. <br />University Properties, Yale's commercial <br />property manager, owns 50 office spaces and <br />500 residential properties in New Haven, <br />including over 85 retail tenants, Zucker said. <br />Notwithstanding its broad tax - exemption, Yale <br />is indeed compelled by law to pay property <br />taxes on these holdings; this year the <br />University paid over four million dollars in <br />taxes on that commercial property. Thus, all <br />told, Yale handed over more than $12 million <br />to New Haven in 2013, a substantial amount of <br />money by any metric. <br />The University's contribution to New Haven is <br />the largest voluntary payment made by any Ivy <br />League institution to its hometown. The <br />University of Pennsylvania, which is situated in <br />a poor section of Philadelphia, makes no <br />direct voluntary payments to the city. Although <br />Harvard's campus is in Cambridge, <br />Massachusetts, which is not a part of the city <br />of Boston, Harvard paid $2.1 million to Boston <br />this year, according to public tax records. <br />In 2003, Brown University, in concert with the <br />Rhode Island School of Design, Johnson and <br />Wales University, and Providence College, <br />reached a PILOT agreement with Providence, <br />Rhode Island. "We certainly felt it was true <br />Page 13 of 18 <br />http: / /yaleherald.com/homepage -lead- image /cover - stories /tax - haven/ 10/23/2014 <br />