Endowment

Endowment

Yale Earns 3.4 Percent On Investments, Beating Harvard

In a rough year for university endowments, Yale returned 3.4 percent on its investments in fiscal year 2016, beating out Harvard’s negative 2 percent returns over the same time period.

Endowment Comparisons
Endowment

Endowment Comparisons

Endowment Over Time
Endowment

Harvard Loses Almost $2 Billion in Endowment Value

​Harvard Management Company lost almost $2 billion in endowment value during a “disappointing” fiscal year 2016, posting its worst endowment returns since the nadir of the financial crisis.

Federal Reserve Bank of Boston - HMC Office
Fundraising

HMC Chief Executive Search Narrows

​Harvard has started to narrow its list of candidates to replace Stephen Blyth as CEO of Harvard Management Company and has at least two higher education investment veterans among potential candidates for the position, according to a story in the Wall Street Journal.

HMC Returns and Endowment Size (FY2010-FY2015)

Federal Reserve Bank of Boston - HMC Office
Central Administration

Endowment Could Face Low Returns, Experts Warn

Facing a stagnant global financial market, Harvard Management Company, the firm that oversees the University’s $37.6 billion investment pool, is bracing for potentially low returns for the 2016 fiscal year, according to University President Drew G. Faust and financial experts.

Harvard's gifts from donors
Endowment

Harvard's gifts from donors

Harvard's donations include minerals, stamps, art, Dumbarton Oaks, and the Arnold Arboretum.

Former HMC President and CEO Mendillo
Endowment

Former Harvard Management Company CEO Mendillo Nominated to GM Board

General Motors announced on Friday its nomination of former Harvard Management Company President and CEO Jane L. Mendillo to stand for election to its board of directors.

Harvard University President Drew G. Faust
Central Administration

In Letter to Congress, Faust Makes Case For Endowment

Responding to congressional inquiry about university endowments, Harvard released an extensive document Friday explaining how its $37.6 billion endowment advances its educational—and tax-exempt—mission.

Central Administration

Nearing $6.5 Billion Goal, Faust Reiterates Fundraising Pitch

​Roughly half way through a five year capital campaign that hopes to raise a higher education record of $6.5 billion, University President Drew G. Faust extolled Harvard’s broad societal value to hundreds of alumni and affiliates gathered on campus Tuesday night.

10 Largest University Endowments Graph
Endowment

10 Largest University Endowments Graph

10 Largest University Endowments Graph
Politics

Large University Endowments Face Congressional Scrutiny

In response to requests by Congressional leaders to increase the degree of federal oversight for large university endowments, Harvard has indicated it will work with Congress to provide more clarity and information regarding the use of its endowment resources.

Andover Hall
Central Administration

Divinity School to Fund Andover Hall Renovations

​As the Harvard Divinity School’s capital campaign exceeds the halfway mark, its hallowed Andover Hall will undergo a transformation into a central hub of activity for multifaith religion, academic study, and events addressing social issues.

Central Administration

Endowment Returns Outpace National Average

​For the first time since the 2012 fiscal year, Harvard’s endowment grew at a faster rate than the national average for American colleges and universities in FY 2015.

Endowment

Corporation Addresses Fracking, Political Contributions

In 2015, the two committees—the corporation committee, which consists of four members of the Corporation, and the Advisory Committee on Shareholder Responsibility, a 12-member panel of students, faculty, and alumni—voted on 54 proposals.