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Endowment

Brian K. Lee
Fundraising

Bacow Names Former Tufts Colleague as New VP of Alumni Affairs and Development

Caltech's Brian K. Lee will oversee Harvard's fundraising efforts as the next Vice President for Alumni Affairs and Development.

Harvard Business School
Harvard Business School

$5 Million Donation to Harvard Business School Will Fund Case Studies in Artificial Intelligence

Stephen A. Schwarzman donated $5 million to support business school faculty members producing case studies on the effects of artificial intelligence.

Capital Campaign Numbers
Endowment

Harvard’s Capital Campaign Shows Enduring Support for Higher Ed, Growing Financial Gap Between Schools

The University’s record-breaking $9.6 billion capital capital sends a strong signal of faith in Harvard and higher education — but it also highlights ongoing tensions in the industry, experts say.

Harvard Kennedy School
Harvard Kennedy School

Kennedy School Beats Fundraising Goal By $200 Million

The Harvard Kennedy School closed out its capital campaign at more than $700 million, according to an August email sent to HKS affiliates by Kennedy School Dean Douglas W. Elmendorf.

Piles of Money
FAS

Harvard Raises $9.6 Billion in Final Capital Campaign Tally, Smashing Its Own Fundraising Record

Harvard just beat Harvard's own fund-raising record. The University closed out its record-smashing capital campaign at $9.6 billion, meaning the school surpassed its original fundraising goal by more than $3 billion.

Capitol Building
Central Administration

With Endowment Tax on the Horizon, Harvard Still Doesn’t Know How to File Its Returns

Harvard is still awaiting federal guidance on how to file taxes under a law passed in Dec. 2017 that levied an “unprecedented” excise tax on some universities’ endowment returns, according to a spokeswoman.

Harvard Management Company
Central Administration

Harvard Investment in Brazil Tangled in Landholding Dispute

A University investment in Brazilian farmland could face a lawsuit as prosecutors review allegations that a Harvard-linked company does not rightfully own the land.

Capitol Building
Politics

Faust to Lobby for Endowment Tax Repeal

University President Drew G. Faust will meet with two members of Congress this week to discuss a proposed bipartisan repeal of the endowment tax passed in December.

Water Feature Graphic
Endowment

In Drought-Stricken Central California, Harvard Hopes to Turn Water Into Wine

Harvard owns 7,500 acres of vineyards in Cuyama Valley, California. Water scarcity threatens the future of agriculture in the region.

Harvard Management Company
Endowment

Endowment Tax Could Affect Harvard's Pension Investments

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.

Office of Admissions and Financial Aid
Fundraising

Capital Campaign Reaches Goal on Financial Aid

With just months left in Harvard’s record-breaking capital campaign, the school has met its $600 million financial aid goal.

University Hall
Endowment

Tax Bill Changes Landscape for Potential Harvard Donors

This could be bad news for organizations that depend heavily on donations—including institutions of higher education like Harvard.

Returns and Endowment Size (FY2006-FY2016) Graph
Endowment

Faust Talks Impact of Endowment Tax

University President Drew G. Faust said the unprecedented endowment tax will have a "pretty significant" impact on funding for Harvard initiatives.

Capitol Building
College Finance

Republican Tax Plan Could Mean Added Business Income Tax for Harvard

​Hidden in the Tax Cuts and Jobs Act passed last year is a change in the way taxes are calculated for nonprofits that could lead to increased expenses for Harvard.

Federal Reserve Bank of Boston - HMC Office
Endowment

Alumni Write to Bacow Urging New HMC Investment Strategy

Instead of using hedge funds to manage its money, the University should shift half of its $37.1 billion endowment into lower-cost funds tracking the S&P 500, the letter’s signatories argued.

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