Endowment
Rallying to Divest Harvard
Thursday afternoon students assemble outside Massachusetts Hall to call for Harvard to divest from investments in Fossil Fuels.
Rallying to Divest Harvard
Thursday afternoon students assemble outside Massachusetts Hall to call for Harvard to divest from investments in Fossil Fuels.
Buy Bras and Crocs to Support Harvard?
The Harvard Management Company certainly isn't headed to the thrift shop with nearly $31 billion dollars in their pockets. Harvard's investments in Smith & Wesson, one of the largest gun distributors in the United States, recently raised concern among alums and current students in the Responsible Investment at Harvard Coalition. But one investment is small potatoes for the HMC. Even if they choose to divest from Smith & Wesson, they'll still have money to blow on high-end retail, tacky shoes, and even entire countries. You name it—Harvard has probably already invested in it.
Activist Group Condemns Endowment’s Link to Gunmakers
A student and alumni activist group criticized Harvard this week for its investment in an index fund that is a major shareholder of firearm manufacturer Smith & Wesson.
Outside Funding at Harvard
The Federal Government supplies millions of dollars of research funding to Harvard every year. With the coming Sequester, much of this will not be renewed. On this map, Harvard's schools are colored by the proportion of their budget that is made up of sponsored programs. Click a school for more detail.
HKS Students Vote in Favor of Responsible Investment
Students at the Harvard Kennedy School became Harvard’s second student body to vote yes on a referendum question supporting responsible investment of the University’s endowment.
Mendillo Seeks To Recruit Students for HMC
Speaking at a recruiting event for the Harvard Management Company on Monday, HMC President and CEO Jane L. Mendillo said she recently has been “more conscious about trying to recruit” Harvard students to work for the Company, which oversees the University’s investments.
Harvard's Endowment Returns Beat the National Average for American Colleges
Harvard’s endowment returns beat the national average for American colleges and universities during the 2012 fiscal year.
Harvard Corporation Increases Endowment Distribution
The Harvard Corporation approved a 2 percent increase in Harvard’s endowment distribution, the revenues which the University receives annually from the endowment, from fiscal year 2013 to fiscal year 2014, according to an excerpt from Harvard’s budget guidance documents obtained by The Crimson.
One-sided Geniuses, Hitler's Strength Declines, Kennedy at Harvard
Every week, The Crimson publishes a selection of articles that were printed in our pages in years past.
Harvard's Negative Return Part of Broader Trend, Experts Say
A negative return on an investment is likely to cause anxiety for investors concerned about the long-term viability of their assets. For this reason, Harvard’s announcement of a negative 0.05 return on its investments attracted media attention across the globe.
HBS To Build New Student Space
Harvard Business School’s Kresge Hall will be torn down to make space for the new Ruth Mulan Chu Chao Center, following a $40 million donation by the Chao family, Harvard administrators announced Friday.
30 Billion’s the Charm
Despite a recent dip in investment, Harvard's endowment is still doing alright at a respectable $30.7 billion. So just how much is 30 billion? Flyby took some time to investigate, and here's what we found:
Harvard's Endowment Dips Slightly
Harvard’s endowment dipped in value for the first time since the 2009 fiscal year, its investments dropping 0.05 percent and the overall level of endowment funds dropping to $30.7 billion in the 2012 fiscal year.
Staying Afloat
Saddled with reduced income from a still-depressed endowment, the University is currently managing increased budget responsibilities while wading through the continued ripples of the financial crisis that struck nearly four years ago.
Last-Minute Change to Panel on Harvard Investments Sparks Controversy
In reaction to administrative concern, the Undergraduate Council rescinded its invitation last week to former Harvard lecturer Joshua Humphreys to participate on a panel on Harvard’s investment policies.
Professor Robert Kaplan, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future.”
Professor Robert Kaplan, center, Professor of Management Practice at Harvard Business School and acting President and CEO of the Harvard Management Company, says Harvard Management Company must focus on the long-term horizon with the endowment, rather than quarters like with mutual or hedge funds, and make the fund sustainable for future generations on Thursday, April 5 in Emerson Hall at “Investing in Harvard’s Future,” as fellow panelists Professor Rakesh Khurana, left, Marvin Bower Professor of Leadership Development at Harvard Business School, and Professor Allen Ferrell, Greenfield Professor of Securities Law at Harvard Law School, listen.
Winthrop Receives Funding for Speaker Series
Winthrop’s Senior Common Room Speaker Series will receive funding from the David B. Perini and Robert W. Woods Memorial Endowment Fund, established by Winthrop House alumni John J. Cullinane ’86 and William N. Thorndike ’86 to commemorate their deceased roommates.
Scoped! Bathroom
The Harvard Law School’s recently opened Wasserstein Hall is now home to a bathroom that is sure to inspire an involuntary giggle from even the most serious of law students.
Talk Dirty to Me
"Starting a discussion about love and sex at Harvard can be like doing a female condom demonstration—a little awkward, hard to insert, sometimes squeaky, but ultimately rewarding," said Samantha A. Meier '12 during a meeting to discuss the first ever Sex Week at Harvard, which will take place from March 25 to 31.
Exclusive Interview with Crimson Cocks Founder
Avid readers of I Saw You Harvard may have heard of Crimson Cocks, a tumblr featuring reader-submitted photos of Harvard men and their junk. We scored an exclusive Yahoo-chat interview with the third-year Harvard student behind the blog.