University Finances
Harvard Law School Raises Record $135 Million in Fiscal Year 2026
Harvard Law School raised a record $135 million dollars in fiscal year 2026, surpassing its two most recent fundraising years by more than $50 million, according to a person briefed on the giving.
Harvard Lobbied on Trump’s Visa Cap as Federal Lobbying Spending Dips to $200,000
Harvard lobbied on a congressional resolution that would overturn the federal rule imposing a four-year cap on visas for students and visiting scholars, according to federal lobbying disclosures released Monday.
Harvard’s Legal Bill Hits $210 Million as Fights With Trump Administration Continue
Harvard’s legal fees climbed to roughly $210 million in fiscal year 2026, a University spokesperson confirmed, up roughly 70 percent from the previous year as the University continues to face legal pressure from the Trump administration.
Harvard Resumes Climate Updates After Skipping Report Last Year, Omits Fossil Fuel Investment Figures
Harvard Management Company released its climate progress breakdown Wednesday after opting not to publish an annual report last year, this time omitting figures that previously detailed how much of the endowment was invested in fossil fuels.
Harvard Privately Weighs $500 Million Fundraising Push for Scientific Research
Harvard is privately weighing a rapid-fire fundraising push to secure $500 million for University-wide scientific research priorities, according to two people familiar with the matter.
FAS Could Save Roughly $20 Million Annually After Staff Cuts
The Faculty of Arts and Sciences could save roughly $20 million annually from its staffing overhaul, FAS Dean Hopi E. Hoekstra said at a Tuesday faculty meeting.
FAS to Restore Ph.D. Admissions to 80 Percent of Historical Levels
The Faculty of Arts and Sciences will increase Ph.D. admissions slots across its three divisions to 80 percent of historical levels this admissions cycle, rolling back cuts that reduced seats last year by roughly 50 percent across divisions.
HMC Quietly Removed Diversity Data from Internal Investment Tracker Weeks after Trump Demands
Harvard Management Company quietly scrubbed diversity data from its internal investment-tracking system in May 2025 as the Trump administration zeroed in on the University’s diversity programs, according to a person familiar with the matter.
Harvard Has Disclosed $163 Million in Foreign Funding So Far in 2026. Here’s Where It Went.
Harvard has taken in more than $163 million from foreign sources so far in 2026 — with Switzerland, China, and the U.K. leading the way. The Crimson analyzed the filings to trace where the money went, from financial aid and professorships to contracts with state-owned oil companies.
FAS Raised Roughly $800 Million In FY2026, Far Surpassing Its $500 Million Target
Harvard’s Faculty of Arts and Sciences raised roughly $800 million in fiscal year 2026 — far surpassing its $500 million target and marking the school’s strongest fundraising year in at least five years, according to a person familiar with the matter.
Harvard Alumni Affairs Boosts Fundraiser Hiring in Bid to Attract Top Donors
Harvard’s Alumni Affairs and Development office is bringing on roughly 20 top fundraisers this fall as it ramps up its solicitation of major donors.
Oil, Lawsuits, AI: Inside Harvard’s Increasingly Opaque $57 Billion Endowment
A Crimson analysis of nearly 3,400 tax records traced Harvard’s endowment through a sprawling network of outside funds, revealing investments tied to fossil fuels, litigation finance, private companies, catastrophe risk, and more.
Harvard’s Climate Report Missing for Second Straight Year
Harvard Management Company has failed to publish its annual climate report for the second year in a row, leaving its progress toward a net-zero endowment unclear.
Harvard Adopts New Shareholder Voting Guidelines on Human Rights, Labor, Data Privacy
Harvard adopted four new shareholder voting guidelines on human rights, labor rights, living wages, and data privacy, according to its most recent annual report.
Harvard Spends $210,000 on Federal Lobbying in Second Quarter of 2026
Harvard spent $210,000 on federal lobbying in the second quarter of 2026, down slightly from the first quarter and 22 percent from the same period last year, according to disclosures filed Monday.
HMC Subsidiary Sells Controversial California Vineyard Property
A Harvard Management Company subsidiary has sold its central California vineyard property after years of backlash and legal challenges over its water use, according to Santa Barbara County records.
Harvard Management Company CEO N.P. “Narv” Narvekar Tells Board He Plans to Retire as Early as 2027
N.P. “Narv” Narvekar, chief executive officer of Harvard Management Company, has told members of HMC’s board that he plans to retire in fall 2027, according to a person familiar with the matter.
HMC Exits Ethereum ETF, Cuts Bitcoin Holdings in First Quarter
Harvard Management Company fully exited its short-lived investment in an Ethereum exchange-traded fund and sharply reduced its Bitcoin holdings in the first quarter of 2026, scaling back the University endowment’s publicly disclosed exposure to cryptocurrency after a volatile start to the year for digital assets.
After Year of Budget Cuts, Some Harvard Schools Resume Merit Raises
Harvard will allow schools to resume merit-based raises for the 2026-27 fiscal year, an early sign that some corners of the University are stabilizing after last spring’s dramatic federal funding cuts forced campuswide austerity measures.
Harvard Spends $220,000 on Federal Lobbying in First Quarter of 2026
Harvard spent $220,000 on federal lobbying between January and March, maintaining elevated advocacy spending as the University continues to navigate sustained financial and regulatory pressure, according to disclosures filed last Monday.
FAS Chief Financial Officer Kofi Ofori Departs Harvard for Towson University
Faculty of Arts and Sciences Chief Financial Officer Kofi N. Ofori will leave Harvard this week, marking yet another administrative shakeup as the school faces mounting budgetary pressures.
Harvard Management Company Opens San Francisco Office Amid Shift Toward Tech Investments
Harvard Management Company has opened a satellite office in San Francisco, expanding its physical footprint as the endowment shifts toward technology and venture capital investments concentrated on the West Coast.
Harvard Center for Latin American Studies Cuts Revista Magazine Due to Budget Constraints
Harvard’s David Rockefeller Center for Latin American Studies has discontinued ReVista, the center’s magazine on Latin America, ending a nearly 28-year run as the center grapples with a looming budget deficit.
Harvard Law School Raises Record $61M in First Half of FY26
Harvard Law School has raised at least $61 million through the first six months of fiscal year 2026 — the strongest start in its history — according to internal meeting minutes obtained by The Crimson.
Pritzker Hall Still Nearly $40 Million Short of Fundraising Goal as Construction Continues
Fundraising for Pritzker Hall — the under-construction home of Harvard’s Economics department — remains nearly $40 million short of its original target, according to an internal Alumni Affairs & Development slide deck obtained by The Crimson.
Most Read Articles
- 2
- 3
- 4
- 5
OUR LATEST PRINT EDITION
Fresh off the press every Friday, with special issues throughout the year. Want a copy? Find one near you. Want it delivered to your doorstep? Sign up.
The Harvard Crimson
Original reporting and exclusive scoops from Harvard and Cambridge — delivered straight to your inbox. Subscribe today.