Harvard Corporation
Harvard Will Draw Further From Endowment in FY2022 Than Planned, Citing Strong Market Returns
The Harvard Corporation voted last week to draw further from the endowment for fiscal year 2022 than initially planned in light of strong stock market returns.
Divestment Activists Allege Harvard’s Fossil Fuel Investments Violate State Law in Complaint to State AG
Activists with Fossil Fuel Divest Harvard filed a complaint with Massachusetts Attorney General Maura T. Healey ’92 on Monday, alleging that Harvard’s highest governing board is violating state law through its continued investments in the fossil fuel industry.
Ten Stories That Shaped 2020
The past twelve months were a year like no other for Harvard and the world. Under the backdrop of a once-in-a-century pandemic, students took classes from all over the globe, while pushing for social change at the University and on the political stage. Here, The Crimson reviews ten stories that defined 2020 at Harvard.
After a Rocky Year, Harvard Faces an Uncertain Economic Climate in 2021, Hollister Says
After a turbulent year for the University and its finances, Harvard is set to grapple with an uncertain economic outlook in 2021, University Vice President for Finances Thomas J. Hollister said in an interview with The Crimson Thursday.
Harvard Forward 'Alarmed’ by Change to Board of Overseers Election Policy
Three weeks ago, leaders of the alumni group Harvard Forward were “thrilled.” After months of petitioning and campaigning, they had elected three candidates to Harvard’s Board of Overseers, its second-highest governing body.
Philanthropist Richard A. Smith, Who Was ‘Deeply Devoted to Harvard,’ Dies at 95
To most at Harvard, Richard A. Smith ’46 is perhaps best known for what former University President Drew G. Faust called his “last gift” to the University: the donation that enabled the redesign and renovation of what is now the Richard A. and Susan F. Smith Campus Center. But his generosity to Harvard extended well beyond just the edifice that sits as a primary hub for student gatherings.
Harvard to Limit Number of Petition Candidates Allowed to Serve on Board of Overseers to Six
The Harvard Corporation and Board of Overseers approved recommendations that will limit the number of members of the Board of Overseers who are nominated by petition to six out of 30 seats at any given time.
Report on Board of Overseers Offers New Insights Into Its Role
A 20-page report on the election and function of Harvard’s Board of Overseers reveals new details about how the second-highest governing body leads the University, in addition to issuing recommendations about future Overseer elections.
Yale Forward Launches ‘Sister Campaign' Promoting Climate-Focused Trustee Candidate
Following in the footsteps of a successful petition campaign by Harvard Forward, Yale Forward — a student and alumni group working to bring attention to climate change and alumni representation within the school’s governance boards — launched their campaign to elect 2015 alum Maggie Thomas to the Yale Corporation Wednesday.
Harvard Corporation Senior Fellow Bill Lee ’72 Says Corporation Will Continue to Meet on Schedule, Bacow Updates Him Daily
As the COVID-19 pandemic escalates, the Harvard Corporation — the University’s highest governing body — will continue to meet in accordance with its planned schedule, according to an email from the Corporation’s senior fellow William F. Lee ’72.
Royall Crest Spotted on Campus, Four Years After Law School Discontinued Seal
Four years after the Harvard Corporation approved the request to remove the Law School’s official seal for its ties to slavery, the seal remained quietly on campus.
Bacow Says Harvard Corporation Has Yet to Discuss Faculty Divestment Resolution
Nearly one month after the Faculty of Arts and Sciences overwhelmingly voted in favor of divestment, University President Lawrence S. Bacow said in an interview Monday that he will report back to the faculty once the Harvard Corporation — the University’s highest governing body — has considered the resolution.
Harvard Faculty Discuss Coronavirus, Simultaneous Enrollment
Harvard administrators advised professors to prepare contingency plans for teaching and research in response to the continued spread of the novel coronavirus at the Faculty of Arts and Sciences’ monthly meeting Tuesday.
Harvard Prison Divestment Campaign to Sue University over Prison Investments
Members of the Harvard Prison Divestment Campaign announced Tuesday afternoon that they will sue the University over its alleged investments in companies tied to the prison industry.
Committee on Shareholder Responsibility Voted on Facebook Practices
Harvard’s Committee on Shareholder Responsibility, which is tasked with handling issues of corporate social responsibility, voted on four resolutions presented to Facebook shareholders during the last fiscal year, according to a Friday report.
University Names Nelson Newest Member of the Harvard Corporation
Diana L. Nelson ’84 will join the Harvard Corporation — the University’s highest governing body — in July, the University announced Monday.
Harvard Faculty Vote in Favor of Divestment 179-20
In a dramatic rebuke of administrators’ longstanding position on whether Harvard should invest in fossil fuels, the Faculty of Arts and Sciences voted overwhelmingly at its monthly meeting Tuesday to demand the Harvard Corporation divest the University’s endowment.
Harvard Law School Students Campaign for Law Firm Paul Weiss to Drop Representation of ExxonMobil
Dozens of Harvard Law School students disrupted a first-year student recruitment event held by corporate law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP Wednesday night, calling on the firm to stop representing the oil and gas company ExxonMobil in ongoing climate change litigation.
Harvard Forward Releases Policy Platform on Climate Justice and Responsible Investing
Harvard Forward — a student and alumni group working to bring attention to climate change within Harvard’s governance boards — released a policy platform calling for Harvard to divest from the fossil fuel industry and create more guidelines for “responsible investing” earlier this week.
D.C. Union Protest
Supporters of Harvard Graduate Students Union-United Automobile Workers protested at the Washington, D.C. office of Harvard Corporation member David M. Rubenstein Wednesday.
Faculty Debate Fossil Fuel Divestment at Monthly Meeting
The Faculty of Arts and Sciences mulled a proposal to call on Harvard to divest from its holdings in the fossil fuel industry at its monthly meeting Tuesday.
Harvard Alumni Reiterate Divestment Demands in Letter to Bacow
A group of alumni and faculty supporting fossil fuel divestment penned a letter to University President Lawrence S. Bacow and Senior Fellow of the Harvard Corporation William F. Lee ’72 last week asking for a meeting with members of the Corporation.
Harvard Prison Divestment Activists Walk Out of Bacow Meeting
Harvard Prison Divestment Campaign members walked out of a Monday meeting with University President Lawrence S. Bacow and the Corporation Committee on Shareholder Responsibility to protest the administrators’ alleged unwillingness to consider divesting from the prison industry.
Harvard Provost Garber Has Collected $2.7 Million From Pharma Companies Since 2011
University Provost Alan M. Garber ’76 has collected more than $2.7 million serving on the board of directors for two pharmaceutical companies since being appointed as the University’s chief academic officer in 2011, according to company filings with the Securities and Exchange Commission.