Central Administration
University Bond Sale Raises Less Than Expected
Harvard’s $601 million bond sale on Tuesday raised 20 percent less than had been planned earlier, as rising interest rates led to a decision to shrink the size of the deal.
University Asks for 5-Year Plans
In an effort to streamline the University’s capital planning, Harvard Executive Vice President Katie N. Lapp has implemented a more rigorous and centralized process for reviewing each school’s building plans.
Today in Photos (10/27/10)
Photographs from the October 27, 2010 print edition of The Harvard Crimson.
Ivy Endowments Turn Upward
On the heels of an abysmal year for money managers in 2009, university endowment results released in recent weeks show strong investment returns for the year ending June 30, 2010, although different forms of asset allocation have led to significant variations in performance between different schools.
On Tenure, Larry Summers Would Likely Not Have Found Leeway to Return
The Obama administration emphasized Harvard’s policy in its announcement that Summers would resign his post, but many critics publicly wondered whether the University could not have made an exception for someone of Summers’ stature. The answer, University officials and professors said, is no.
Harvard President Faust Throws First Pitch at Fenway
High and outside—that is where University President Drew G. Faust put the ball when she threw out the opening pitch at Fenway Park last night.
Summers To Leave White House
Former University President Lawrence H. Summers will return to Harvard after stepping down from his Washington position at the end of 2010.
University Expects Endowment Payout to Rise 4%
The University has advised its schools to plan for a 4 percent rise in the value of the endowment payout for the next fiscal year, marking the first yearly increase since the beginning of the financial crisis in 2008.
BREAKING: Univ. Leaders Write to Senators in Support of DREAM
To show their support for the DREAM Act, eight leaders of institutions of higher education in Mass.—including University President Drew G. Faust—co-signed a letter sent to the state Senators yesterday.
Faust Supports Stem Cell Work
University President Drew G. Faust announced yesterday that she would continue to support stem-cell research at Harvard despite the setback of a recent court ruling.
Corporation Releases Univ-Wide Conflict of Interest Policies
For the first time in Harvard history, the Harvard Corporation has adopted a conflict of interest policy to address the financial interests of faculty members on a University-wide basis, officials announced today.
A Corporation Renewed
Gold-tipped cane resting against the arm of his chair in Loeb House, Harvard Corporation’s Senior Fellow James R. Houghton ’58 is on his way out.
Bunting Strengthens Harvard-Radcliffe Ties
While growing up in Brooklyn, Mary I. Bunting-Smith’s mother would sometimes tell her, “Thee is a funny little girl.”
A Blank Slate
When asked to define her vision last month, University President Drew G. Faust stopped for a moment.
Faust Urges Global Health Focus at Harvard
University President Drew G. Faust announced last week that she would elevate global health to a University-wide priority with the promotion of the Harvard Institute for Global Health (HIGH) to permanent institute status.
Harvard Releases Compensation Figures for 2008
Harvard paid President Drew G. Faust $822,011 in salary and benefits in 2008, according to an IRS filing released Monday.
Hogarty Hired as VP for Campus Services
Lisa Hogarty will join Harvard’s central administration in the newly refashioned position of Vice President for Campus Services, the University announced yesterday.
University Administration Search To End
Harvard will soon name a new administrator to oversee campus operations, a top position that will be restructured to eliminate administrative inefficiencies before the next academic year, University Executive Vice President Katherine N. Lapp said Monday.
Harvard Suffered Losses on Real Estate Trades with Goldman Sachs
Harvard University participated in derivatives trades with Goldman Sachs in 2007 that exposed the University to losses as the real estate market collapsed, according to e-mails released by a Senate committee yesterday.
Egypt To Fund Masters Students at Harvard
Harvard has entered an agreement with the Egyptian government to provide need-based financial aid to Egyptian graduate students pursuing careers in public service, an initiative which is funding three masters students this year.
Harvard Corporation Fills Opening
Former Harvard Overseer and Boston-based intellectual property lawyer William F. Lee ’72 has been selected to serve on the Harvard Corporation and said yesterday that he plans to continue the University’s highest governing body’s efforts to increase its transparency.
Former Overseer William F. Lee '72 To Serve on Harvard Corporation
Former Overseer and intellectual property lawyer William F. Lee ’72 has been selected to serve on the Harvard Corporation—the University’s highest governing body—the University announced today.
Harvard Overseer Launches into Space
Stephanie D. Wilson ’88, a member of the Harvard Board of Overseers, launched into space for the third time yesterday ...
Allston Construction Pause Imposes Space Constraints on Harvard Science Schools
The halt in construction on the Allston Science Complex late last year left plans for two of Harvard’s science schools to expand into the new campus in limbo, as school officials struggle to adjust to the now indefinite space constraints of the current campus.