Fundraising
Harvard Students Praise Undergrad Relief Efforts, Criticize Lack of University Response to Earthquakes in Turkey and Syria
Despite the outpouring of support within and outside the Turkish and Syrian communities on campus, Nehir Toklu ’25 said she found the University’s response to the earthquakes in Turkey and Syria to be “quite late” and “slightly underwhelming.”
Harvard Salata Institute Announces Grants to Five Interdisciplinary Climate Research Clusters
The Harvard Salata Institute for Climate and Sustainability announced grants to five research groups featuring 30 faculty members from across the University on Monday, marking the first projects funded by the Salata Institute since its establishment in fall 2022.
HGSE Dean Long Prioritizes Fundraising, New Masters Programs
As Harvard Graduate School of Education Dean Bridget T. Long enters her fifth year in the post, her top priorities are ensuring the financial health of the school and a successful rollout of its five newly redesigned masters programs, Long said in an interview Friday morning.
Celtics Forward Grant Williams, Team Executives Talk Philanthropy, Sports Business
Several prominent members of the Boston Celtics discussed their philanthropy and offered a behind-the-scenes glimpse of the sports-business industry at an event organized by the Harvard Undergraduate Sports Lab.
‘Low-Hanging Fruit’: Experts Criticize Senator Marco Rubio’s Letter Questioning Harvard’s Ties to China
Senator Marco Rubio (R-Fla.) alleged without direct evidence that Harvard officials may have helped suppress some theories regarding the origins of Covid-19 in a “quid pro quo” effort to advance Chinese state interests in a June 16 letter addressed to University President Lawrence S. Bacow.
Harvard and the Fight for Foreign Collaboration
Debate over the regulation of foreign money in academia, once an afterthought, has become a microcosm of the U.S.’s attempts to remain the world’s top innovator, exposing a tension between the government’s efforts to remain competitive and academia’s goals to promote innovation and the free flow of ideas.
Patriots Owner Robert Kraft Donates $24 Million to Harvard Business School
The Kraft family, which owns the New England Patriots, donated $24 million to Harvard Business School earlier this month to establish the Robert K. Kraft Family Fellowship Fund, which will be the largest endowed fellowship fund at the school.
Harvard Received Almost $385 Million from 46 Countries Since August 2019
Harvard has received almost $385 million from sources in 46 countries since August 2019, according to United States Department of Education data.
Taeku Lee to Join Harvard Faculty as First Professor in Ethnic Studies Cluster Hire
Taeku Lee will join Harvard as the first of four ethnic studies scholars to join the Faculty of Arts and Sciences, the school announced Monday.
Harvard Kennedy School Receives $5 Million for New Economic Inequality Program
The Harvard Kennedy School announced it received a $5 million gift from the James M. and Cathleen D. Stone Foundation to establish a new program that will study wealth inequality on Monday.
Harvard’s Century-Old Boathouses to Undergo Renovations
Harvard will commence renovations on its historic Weld and Newell Boathouses this year in what is planned to be the most significant update to the buildings since their construction more than a century ago.
HGSE Receives Record-Setting Donation
The Harvard Graduate School of Education received the largest donation in its 102-year history last week. Provided by two anonymous Harvard Business School alumni, the gift includes a direct $30 million and an offer to match up to $10 million in additional donations.
Ten Stories That Shaped 2021
At Harvard, 2021 was a year marked by change. The school’s long-awaited return to in-person operations injected new life into a campus that had been left dormant for over a year by Covid-19. And in an unexpected shift, the University announced its intention to divest its endowment from fossil fuels after a decade of public pressure. Separately, faculty controversies — including a federal conviction and a high-profile departure — ignited debates that rippled across academia. Below, The Crimson looks back at the 10 stories that shaped the last year at Harvard.
University CFO Says Harvard ‘Moving in the Right Direction,’ Despite Pandemic Costs
Harvard chief financial officer Thomas J. Hollister said the University’s finances are “moving in the right direction” in a Wednesday interview, though he cautioned that officials remain alert in the ever-changing landscape of the Covid-19 pandemic.
Despite Historic Returns, Harvard Endowment Still Trails Ivy League Peers
Though the Harvard Management Company reported record-breaking returns last Thursday, several financial experts said it still lags behind the performance of key financial indices and its peer institutions.
Harvard Corporation Senior Fellow Bill Lee Lauds ‘Really Positive’ Fundraising Year Despite Pandemic
Harvard Corporation senior fellow William F. Lee ’72 said in an interview Wednesday that the University expects high fundraising returns by the end of the fiscal year despite challenges posed by the Covid-19 pandemic.
Philanthropy’s Glass Ceiling: A Gender Disparity Among Harvard’s Top Donors
Harvard boasts the largest endowment of any university in the world and supplements its finances with hundreds of millions of dollars in donations annually. Despite the scale of Harvard’s philanthropic efforts, a sizable gender disparity persists among the University’s donors.
Harvard Graduate Council Passes Emergency Resolution on Atlanta Shootings, Memorandum on Harvard Email Access
The Harvard Graduate Council heard a presentation on University finances and approved a memorandum recommending extended access to Harvard email addresses during a public meeting Wednesday evening, which took place just hours after the Council passed an emergency resolution in response to last week’s shootings in Atlanta, Ga.
Harvard Releases Gift Policy Guide, Outlines Considerations for Philanthropic Gifts
The first-of-its-kind gift policy guide's listed central priorities include “upholding academic freedom," “adhering to institutional values,” and "avoiding conflicts of interest."
Epstein-Linked Donors Dubin and Wexner Depart from HKS Leadership Council
Donors and billionaires Glenn R. Dubin and Leslie H. Wexner departed from a Harvard Kennedy School board last month, foregrounding students’ concerns regarding Harvard’s ties to donors who cultivated relationships with deceased sex offender Jeffrey E. Epstein.
Harvard Took In $1.1 Billion from 63 Nations from 2013-2019, per Department of Education
Harvard has reported receiving more than $1.1 billion from sources from 63 foreign nations between Jan. 1, 2013 and July 31, 2019, per Education Department data.
Harvard Places Second Among Universities in Total Annual Fundraising, Per Report
After raising $1.4 billion, Harvard came in second among American universities in total funds raised in the last academic fiscal year.
Bacow Says Harvard Conducting 'More Substantial Review' of Gift Policies
University President Lawrence S. Bacow said in an interview last week that Harvard’s review of its gift policies is a “more substantial review” than has been previously conducted in light of a simultaneous inquiry into billionaire and convicted sex offender Jeffrey Epstein’s donations to the University.
Provost Garber Calls for ‘Principled Approach’ to Reviewing Gifts
As Harvard continues to face scrutiny for accepting donations from controversial figures, University Provost Alan M. Garber ’76 said in an interview Thursday that Harvard must take a “principled approach” to deciding when to return gifts.
Harvard Receives $20 Million Gift to Fund Autism Research Center
Harvard Medical School received a $20 million donation from philanthropists Hock E. Tan and K. Lisa Yang to create a Center for Autism Research, the University announced Thursday.