University Finances

Academics

Steel Magnate Renames South Asia Institute with $25 Million Donation

Steel magnate Lakshmi N. Mittal and his family donated $25 million to establish an endowment at Harvard’s South Asia Institute, retitling the institute in his namesake.

Faust at the Economic Club
University Finances

Faust Lobbies Congress to Maintain Research Funding Levels

On her most recent trips to Washington, Faust has added yet another pressing, albeit more quotidian, item to her lobbying agenda: keeping the lights on in Harvard’s labs.

Silliman College
Endowment

Yale Endowment Returns Top Harvard, But Trail Ivy Peers

Yale University—the Ivy League school known for consistently leading the pack in annual investment returns—returned 11.3 percent on its investments for fiscal year 2017.

Endowment Returns FY 2017
Endowment

Corp. Sets Minimum Endowment Distribution Amid Financial Constraints

The Harvard Corporation has voted to allow schools to take capped amounts of money out of the endowment for the next three fiscal years in an effort to insulate budgets from fluctuations in Harvard’s investment returns.

Endowment Returns FY 2017
Endowment

Harvard’s Endowment Returns, Explained

Harvard’s endowment posted an 8.1 percent return on its investments for the fiscal year. Here’s what that means, and why it matters.

Endowment Returns FY 2017
University Finances

Harvard Returns 8.1 Percent in ‘Disappointing’ Fiscal Year 2017

Harvard returned 8.1 percent on its investments in fiscal year 2017, a “disappointing” performance the firm’s CEO called “a symptom of deep structural problems at HMC.”

Endowment Returns, FY 2009-2017
College Finance

Strong Public Markets May Bode Well for Harvard

Robust growth in public markets may portend growth for Harvard's endowment in fiscal year 2017.

University Finances

HMC to Unload Private Equity Assets

Harvard Management Company—the firm managing Harvard’s $35.7 billion endowment—is nearing the final stage in talks to sell over $2 billion in private equity and real estate assets to Lexington Partners.

Fundraising

Capital Campaign Total Hits $8 Billion With Year to Go

With a year still remaining in its record-shattering capital campaign, Harvard has raised $8 billion in donations.

Endowment

Harvard’s Endowment Plans to Sell $70 Million of Cows and Farmland Assets

Not even Harvard’s cows are safe as Harvard Management Company undergoes a radical restructuring that it hopes will reverse a decade of lackluster returns.

Manhattan Climate March
Student Groups

In Letter, Faust Commits to Climate Progress

University President Drew G. Faust signed a statement affirming Harvard’s commitment to make progress on climate change.

Falling Money
University Finances

After the Capital Campaign

Though Harvard's capital campaign is scheduled to end next year, some say the money will not—and cannot—stop pouring in.

Federal Reserve Bank of Boston - HMC Office
University Finances

The Rise and Fall of HMC

Harvard Management Company's new CEO is leading an effort to revamp the University's investment arm.

Executive Education
Harvard Law School

'A Win-Win': Executive Education

University leaders trumpet alternative programs as the future of education. Conveniently, they're also quite lucrative.

David Rubenstein Graphic
Central Administration

The New Corporation Man

Billionaire financier and philanthropist David Rubenstein is emblematic of the changing Harvard Corporation.