Endowment
Calling for Divestment, Protesters Blockade Mass. Hall
The blockade, which is part of a planned weeklong protest the group has dubbed “Heat Week,” came after the group trained protesters in civil disobedience tactics and held a rally at the First Parish in Cambridge earlier in the evening.
UC Votes Down Act To Publicize Divest Harvard Events
The Undergraduate Council at its general meeting on Sunday voted down a piece of legislation that would have allowed activist group Divest Harvard to publicize “Heat Week” events through the UC’s email list.
Faust Disapproves of Divest Harvard’s February Occupation
“I wish [Divest Harvard] would focus on accomplishing what we want to accomplish, which is have an effect on climate change,” University President Drew G. Faust said.
Judge Dismisses Divestment Lawsuit
The lawsuit’s dismissal, dated March 17, comes after Harvard and the State Attorney General’s office filed motions to dismiss the case urging the University to divest from fossil fuels.
Divest Harvard Plans Weeklong Sit-In
In an open letter posted online early Friday morning, more than two dozen alumni called for fellow University graduates to gather in Harvard Yard for the protest that organizers are calling “Harvard Heat Week.”
Divest Harvard To Create Alumni Fund, Donation Conditional on Divestment
Divest Harvard aims to launch a fossil fuel-free fund to which alumni can donate as an alternative to the University’s endowment, according to the group’s announcement from earlier this month.
Divestment Suit Plaintiffs Speak Out
Six of the seven student plaintiffs who filed the lawsuit last week that seeks to compel the University to “immediately withdraw” its holdings from fossil fuel companies discussed their case on Tuesday.
Student Activists File Suit Urging Harvard To Divest
The 11-page complaint claims that investment in fossil fuel companies is “a breach of [the University’s] fiduciary and charitable duties as a public charity and nonprofit corporation.”
Riding Fundraising Wave, Harvard Posts Small Surplus
Harvard’s small surplus is a move into the black after recent years of deficits large and small. The progress was largely fueled by the first public year of fundraising for the Harvard Campaign.
Univ. Endowment Performance Below Average, According to Nat’l Study
Harvard's endowment was outperformed by the average institution according to an study of 426 schools by the National Association of College and University Business Officers and Commonfund Institute.
Profs. Present Case for Divestment at Climate Event
Professor Stephen A. Marglin ’59 said that Harvard’s divestiture would not cause fossil fuel companies to collapse, but could set an example for other institutions that might be waiting to follow Harvard’s lead.
Activists Kick Off Week-Long Fast for Divestment
Dozens of members of the Harvard community will not be swiping into dining halls this week as they participate in Divest Harvard’s week-long fast.
Stephen Blyth Named Next President and CEO of Management Company
Blyth, who is currently a managing director and head of public markets at HMC as well as a professor of statistics, will assume the role Jan. 1, 2015.
Endowment Grows to $36.4B with 15.4 Percent Return
The investment gains leave Harvard’s endowment just short of its $36.9 billion peak, which was reached in June of 2008, before the global financial crisis.
