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Endowment

Bacow
Central Administration

Bacow Defends Harvard Against Claims of Elitism in D.C. Panel

University President Lawrence S. Bacow discussed the challenges higher education institutions face and defended Harvard’s leading role among colleges and universities at an American Enterprise Institute and Brookings Institution panel Thursday.

Bacow and Romney
Central Administration

Bacow Maintains Long-Standing Lobbying Priorities During Return to D.C.

University President Lawrence S. Bacow returned to Washington, D.C., for the second time during his presidency to lobby federal lawmakers and a White House staffer to increase research funding, bolster immigration protections, and avoid another government shutdown on Thursday.

William F. Lee
Endowment

Corp. Voted on Social Media, Corporate Tax Policy Shareholder Proposals in 2018

Harvard voted on shareholder proposals concerning digital media content and corporate tax policy for the first time in 2018, among a series of other issues that have previously arisen, according to the University’s annual shareholder responsibility report published Tuesday.

Harvard Yard

Ten Stories That Shaped 2018

2018 was a momentous year for Harvard. As the University welcomed its 29th president Lawrence S. Bacow, it struggled with numerous challenges including lawsuits alleging discrimination, accusations of sexual harassment levied at prominent affiliates, and an "unprecedented" endowment tax. As the year comes to an end, The Crimson examines the ten stories that most defined 2018.

Lawrence Bacow
Endowment

Harvard Presidents Have Long Opposed Fossil Fuel Divestment. Bacow Offers A New Reason Why.

In an interview last week, President Bacow broke from his predecessor to offer up a new line of argument for sticking to the status quo: not only is divesting to compel change improper, he said, but it is also impractical and ineffective.

Mass Hall, Fall 2017
Endowment

Harvard Faculty To Issue ‘Renewed Call’ For Fossil Fuel Divestment

Several Harvard faculty members will once again urge University administrators to divest the school’s holdings in the fossil fuel industry, according to an update on their website posted this month.

Mass Hall, Fall 2017
Student Groups

Fossil-Fuel Divestment Petition Garners More than 150 Signatures

Continuing a years-long effort, an online petition calling on Harvard to divest its holdings in the fossil fuel industry had garnered 150 signatures as of Tuesday evening.

Harvard Management Company
Endowment

Harvard Management Company Appoints New Chief Operating Officer

Harvard Management Company announced Sanjeev Daga will take the helm over the University’s $39.2 billion endowment as the firm’s chief operating officer.

Capitol Building
Politics

A Mass. Democrat’s Ascent in Congress May Not Bring the Endowment Tax Repeal Harvard is Hoping For

Even after the Democratic takeover of the U.S. House of Representatives in this month’s midterm elections, Harvard may still contend with a tax on its multibillion dollar endowment for years to come.

Bacow at Convocation
Endowment

Bacow Met With U.S. Treasury Representative to Discuss Endowment Tax Guidance

Bacow recently met with an official from the Treasury Department, which is responsible for developing regulations for the new endowment tax.

Harvard Management Company
Endowment

Harvard Invests in Cryptocurrency, Report Says

Harvard Management Company, the firm that oversees the University's multi-billion dollar endowment, recently invested in “at least one cryptocurrency fund,” according to a report published by The Information last month.

Bacow at Inauguration
Endowment

What’s At Stake for Harvard in the Midterm Elections

Ranging from endowment taxes to the survival of its controversial social group sanctions, the University has a large stake in this year’s midterms.

Columbia Endowment Return
Endowment

Harvard Grows Revenues, Net Assets, But HMC Chief ‘Not Pleased’ With Endowment Returns

After Harvard's endowment saw the second-worst rate of return on investment in the Ivy League, HMC CEO N.P. “Narv” Narvekar said in the latest annual financial report that he is "not pleased" with the past year's returns.

Columbia Endowment Return
Endowment

Columbia Returns 9 Percent on Endowment, Making It The Only Ivy With Worse Returns than Harvard

The Columbia Investment Management Company, which manages the New York school’s finances, announced that the gains brought its total endowment to $10.9 billion.

Columbia Endowment Return
Endowment

Columbia Endowment Return

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