Endowment

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.

President Calderon at the JFK Forum
Central Administration

Kennedy School Nears $500 Million Campaign Goal

With $460 million raised, the school has brought in 92 percent toward its $500 million fundraising target.

Federal Reserve Bank of Boston - HMC Office
Endowment

Management Company Sustainable Investing Chief To Depart

Pedicini, who will leave HMC after just two-and-a-half years, departs after her department suffered criticism from Divest Harvard over the Management Company’s steadfast refusal to fully divest the endowment from the fossil fuel industry.

Electrical Engineering
Central Administration

SEAS Deficit Persists, Despite a $400 Million Gift

“Everyone has the impression that Frank has a $400 million check in his pocket,” said Sean R. Eddy, a professor of Applied Mathematics. “And of course it doesn’t work that way.”

Harvard Law School Campaign Launch Gala
Central Administration

Law School Begins Public Campaign With a Head Start

While most schools begin the public phase of their fundraising efforts with half to two-thirds of the goal reached, Harvard Law School has an unusual head start to its campaign.

Harvard Divinity School
Central Administration

Divinity School Passes Halfway Point in Capital Campaign

University President Drew G. Faust said last month that the Divinity School’s campaign, which launched publicly in April 2014, has increasingly become a focus of the central administration.

Federal Funding Decreases
Central Administration

Despite Federal Aid Cuts, Harvard Reports Budget Surplus

Federal grant cuts, private foundations and other non-federal sources have stepped up their contributions to minimize the damage to University operations.