University Finances
In Washington, Faust Advocates Climate Change Research
Faust emphasized the role that universities can have in combatting climate change and lobbied for increased federal funding for research.
Medical School Raises $467 Million in Capital Campaign
Harvard Medical School's $750 million capital campaign is now more than 60 percent of the way to its goal.
New Global Institute Grants $3.75M to China Climate Research
Based at the Harvard Center Shanghai, the new Harvard Global Institute will provide grants to research projects that focus on climate and energy science, economics, engineering, and environmental health.
Amy Falls Added to HMC’s Board of Directors
Falls, whose appointment was effective Sep. 28, worked at Morgan Stanley and Phillips Academy Andover before managing The Rockefeller University’s approximately $2 billion endowment. HMC announced the move on its website.
Judicial Restraint: Harvard Law School’s Tempered Campaign
“We would not be in a campaign right now if it wasn’t for the University’s desire to have the ‘One Harvard’ campaign, which of course we want to be a part of, but again creates an awkwardness,” said Steven Oliveira, the Law School’s dean for development and alumni relations.
Student Protesters Appeal Dismissal of Divestment Lawsuit
The plaintiffs claim in their 113-page appeal that Harvard has mismanaged its endowment by investing in “abnormally dangerous activities."
Ivy League Plus Endowment Returns
Harvard again trailed peer institutions on endowment returns in fiscal year 2015.
Endowment’s Performance Is Concerning, Faust Says
After another year of lackluster returns at Harvard Management Company, University President Drew G. Faust said Tuesday that she is concerned about the company’s performance.
Two Top Harvard Management Company Executives Depart
Eight-year fixed-income manager Marco C. Barrozo and Satu Parikh, who joined HMC in 2011 as managing director and head of commodities, departed recently with little notice.
Faculty Growth Stalls Again in 2015, Report Says
After a year that saw a spike in faculty growth for the first time since the financial crisis, the size of the Faculty of Arts and Sciences stalled again in fiscal year 2015.
Two Years In, FAS Campaign Focuses on Struggling Priorities
The fundraising drive will now focus on priorities that have received fewer donations, namely house renewal and funding for new teaching techniques.
Harvard's Elite Remember Rothenberg, Prominent Alumnus
Harvard’s finest gathered under the sloping ceiling of Memorial Church on Saturday to celebrate the life of James F. Rothenberg ’68, a longtime member of the Harvard Corporation.
Blyth Plans Big Changes to Management Company Structure
Stephen Blyth, who took over for Jane L. Mendillo on Jan. 1, made it clear Tuesday that he plans to chart a new course as Harvard Management Company's CEO.
Endowment Returns 5.8 Percent, Growing to $37.6 Billion
Harvard Management Company beat most of its internal benchmarks and the general market indices but lagged behind notable peer institutions such as MIT and Stanford.
Warren Alpert Foundation Gifts $20 Million to Medical School
The gift to Harvard Medical school will fund immunology research, a new professorship, and a Dean’s Leadership Fund.
