Harvard’s financial report for the 2013 fiscal year paints a picture of a University that has recovered significantly from losses suffered during the recent financial crisis but is still looking with anticipation to the Harvard Campaign for relief, if not for a complete solution to all financial difficulties.
The University's net assets took a dip during the financial crisis before mounting a recovery in the past few years.
A former Harvard hockey star and active alumnus will become the managing director for private equity at Harvard Management Company, HMC announced in a press release on Monday.
The letter serves as Faust’s first formal rebuttal to months of petitions and protests from both students and alumni groups pushing for divestment of Harvard’s $33 billion endowment from fossil fuel companies.
The returns, which apply to fiscal year 2013, mark vast improvement from the previous fiscal year, during which the endowment’s value declined slightly to $30.7 billion.
For once, the people walking around on campus wearing striped suits and gold watches are neither trying to punch a final club nor are they being recruited by a consulting firm. Rather, Harvard’s trying to recruit them—or their checkbooks—for the recently announced Harvard Campaign, its biggest, baddest, champagne-flutiest campaign yet. Not sure what the money will be going to? Well, luckily Harvard has broken it down into categories, and Flyby is here to explain exactly what (we think) they mean.
The news is important, we get it, but we can barely keep up with our Facebook and Insta accounts as is, let alone keep track of Harvard finances. For those us who are hearing the words "Capital Campaign" thown around for the first time these past few days, here's a quick and dirty guide to get you up to speed:
The Harvard Campaign is looking to raise $6.5 billion, a sum that will be distributed among teaching and research initiatives, financial aid, “the student experience,” capital improvements, and “flexible funding to foster collaborations and initiatives.”
The University has already raised $2.8 billion in donations and pledges from more than 90,000 supporters in the fundraising drive’s quiet phase.
With October approaching and fall weather drawing nearer, the year’s summery days may be numbered. Take advantage of this weekend’s sun by lounging out in the Yard—or at least work on that p-set somewhere far away from Lamont.
University alumni and donors from around the world are flocking to the Square this weekend to celebrate Saturday’s public launch of The Harvard Campaign—widely predicted to be the largest fundraising drive in University history.
The Harvard School of Public Health has received a gift of $12.5 million which will support a significant revamping of the school’s curriculum, the school announced Monday.
Divest Harvard continues to garner support from students, faculty, and other members of the community for its efforts to force the University to divest from fossil fuel corporations.
You've probably heard by now that Former University President Larry Summers has withdrawn his name from consideration for the Chairmanship of the Federal Reserve. But you may be wondering why so many people at Harvard care, or perhaps you're just curious about what the Fed Chair does, anyway. You shouldn't have to ask those questions out loud, so Flyby's asked them for you here; and better yet, we've provided answers.
In a speech Tuesday, the University President conveyed a mixed outlook for higher education, describing both the challenges and opportunities facing Harvard.