University Finances


Record $400 Million Gift Renames SEAS

The gift will establish a permanent endowment for SEAS—which will now be known as the Harvard John A. Paulson School of Engineering and Applied Sciences—as the school prepares to move into new facilities in Allston, Harvard announced on Wednesday.


Radcliffe Raises $44 Million in Capital Campaign

The Radcliffe campaign goal of $70 million constitutes about 1 percent of the University-wide capital campaign goal of $6.5 billion.


The Politics of Drew Faust

In a year of campus challenges to her leadership, Drew Faust’s tactical side was on full display. The strategy of public non-engagement favored by Harvard’s eighth-year president has supporters fawning but some campus constituencies feeling disrespected.


Paying the Price

The University remains opposed to divesting its $35.9 billion endowment from fossil fuels, steadfast in the face of numerous sit-ins and demonstrations by students, alumni, and faculty affiliated with the activist group Divest Harvard.


Calls for Divestment: A Retrospective

While administrators harbored mixed feelings for the anti-apartheid and anti-tobacco movements, on the whole they acknowledged students’ interest in the issues and right to protest respectfully.


Former HMC President and CEO Mendillo

After helping Harvard’s endowment recover from a global financial crisis, Jane L. Mendillo left her position as Harvard Management Company President and CEO at the end of 2014.


Stephen Blyth

Stephen Blyth, pictured at the Phi Beta Kappa Literary Exercises in 2013, assumed the role of president and chief executive officer of Harvard Management Company in January.


Divest Protests University Appointment

Members of the student activist group Divest Harvard blockade entrances to Massachusetts Hall on Wednesday to protest the recent appointment of Thomas J. Hollister, a former oil executive, as University chief financial officer.


Divest Harvard Blockades Mass Hall Again

The group blocked entrances to the administrative building for the second time this semester in protest of the appointment of new University Chief Financial Officer Thomas J. Hollister, who is a former oil executive.


Harvard Reaches Agreement With Weston Over Contaminated Property

Harvard will pay for partial cleanup of high levels of arsenic found in portions of land sold to the town of Weston.


Sony Entertainment CEO Responds to WikiLeaks Database

Speaking out about the recent decision by Wikileaks to publish a searchable database of hacked emails from Sony Pictures Entertainment, company CEO Michael M. Lynton ’82 called the dissemination “frustrating."


Overseer Connects Harvard Fundraising Apparatus to West Coast, Sony Emails Suggest

Sony Entertainment CEO Michael M. Lynton '82 is heavily involved in Harvard business both in his capacity as a member of the University’s second-highest governing body and as a donor and active alumnus.


Hollister Named CFO and VP for Finance

Harvard named Boston banker Thomas J. Hollister the new Chief Financial Officer and Vice President for Finance on Wednesday, concluding a months-long search for the new executive, according to a press release.


Study Proposes Excise Tax on Harvard’s Endowment

If implemented, the tax would generate approximately $5 billion of revenue, according to the study published this month by the Nexus Research and Policy Center.


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