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Contributing writer

William L. Wang

Latest Content

Faust at 2021 Convocation
Central Administration

Faust Made $1.5 Million in 2016

Dean of the Faculty of Arts and Sciences Michael D. Smith, who is stepping down at the end of the year, made $701,956 in total salary and benefits in 2016, while Provost Alan M. Garber ’76 and made $871,960.

Politics

Harvard Spent $610k Lobbying Congress in 2017

The uptick in lobbying fees came during a year in which Harvard—and higher education more broadly—faced a number of legislative challenges.

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.

Mass Hall, Fall 2017
University Finances

Harvard Raises $9.1 Billion in Capital Campaign

Harvard has raised $9.1 billion as part of its ongoing capital campaign as of March 31, according to a dean of the University and multiple alumni who attended a celebratory event in Sanders Theater Saturday afternoon.

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.

University Hall
University Finances

Overseer Calls on Harvard to Divest from Fossil Fuels

​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.

University Finances

Overseer Calls on Harvard to Divest from Fossil Fuels

​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.

David Rubenstein at HBS
Harvard Business School

Rubenstein Discusses Philanthropy, Failure at Business School

​David M. Rubenstein, a member of the Harvard Corporation, discussed his non-linear path to private equity, outlined his philanthropic vision, and ruminated on past failures at a Harvard Business School event Monday.

Klarman Brings Protest
Politics

Klarman Appearance at Business School Draws Protest

Protesters called on Baupost—which holds $931 million of Puerto Rico’s debt—to cancel its holdings in Puerto Rican bonds and demanded Harvard divest $2 billion from Baupost.

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.

Drew G. Faust
University Finances

Faust Joins 48 Higher Ed Leaders Seeking Endowment Tax Repeal

President Faust joined 48 other university leaders in penning a letter to congressional leaders Wednesday to object to the recently passed endowment returns tax.

Bacow 7 hugging Drew Faust
Central Administration

Under Bacow, Likely Administrative Turnover

When Lawrence S. Bacow becomes Harvard’s 29th president this summer, he will quickly take over the role of appointing administrators to fill vacant positions.

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.

Lawrence S. Bacow
Central Administration

Bacow Will Be Oldest Individual to Assume Presidency

At 66, incoming University President Lawrence S. Bacow will be the oldest president ever to begin a term at Harvard’s helm.

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