Critics Says Harvard’s Endowment Is Underperforming and Overly Secretive. Is It?

The lackluster performance of Harvard’s endowment — the largest in the world — has sparked concerns about the stewardship and transparency of the endowment under Harvard Management Company CEO N.P. “Narv” Narvekar.

Word Count of HMC Annual Message

Harvard University Endowment Performance

Return on $1 Investment By University

5 Year Ivy League Endowment

Harvard Management Company CEO Receives 6.9% Pay Cut Over Poor Investment Returns

The Harvard Management Company cut the pay of Chief Executive Officer N.P. “Narv” Narvekar by 6.9 percent in 2022 after the endowment had its third-worst annual investment results in the last 20 years.

Earnings of Highest Compensated HMC Employees 2023

2023 Highest Compensated University Employees and Administrators

Projected Endowment Growth

The State Legislature Is Considering an Endowment Tax. Experts Say It Could ‘Cripple’ Harvard

The Massachusetts state legislature is set to move ahead later this month with a university endowment tax bill that some experts described as potentially catastrophic for academic institutions like Harvard and MIT.