Thomas J. Hollister, chief financial officer of the University, said the president-elect has long been “intimately involved” in Harvard's financial affairs as a Corporation member.
The Republican tax overhaul passed in December may impact the pensions of Harvard employees hired before 2001 and the University is currently “reviewing” the situation.
The Division of Continuing Education has been almost entirely financially self-sufficient in recent years, raising money through tuition and other programming rather than relying heavily on money from the University endowment.
Kathryn “Kat” A. Taylor ’80, a member of the University's second highest governing body, publicly called on Harvard to divest from fossil fuels Wednesday afternoon.
Kathryn “Kat” A. Taylor ’80, a member of the Board of Overseers—the second highest governing body of the University— publicly called for Harvard to divest from fossil fuels Wednesday afternoon.
This could be bad news for organizations that depend heavily on donations—including institutions of higher education like Harvard.
Faust traveled to D.C. last week to meet with Democratic lawmakers about the “deep concerns” she has about reauthorization of the Higher Ed Act and immigration laws.
President Faust joined 48 other university leaders in penning a letter to congressional leaders Wednesday to object to the recently passed endowment returns tax.