‘Low-Hanging Fruit’: Experts Criticize Senator Marco Rubio’s Letter Questioning Harvard’s Ties to China
Senator Marco Rubio (R-Fla.) alleged without direct evidence that Harvard officials may have helped suppress some theories regarding the origins of Covid-19 in a “quid pro quo” effort to advance Chinese state interests in a June 16 letter addressed to University President Lawrence S. Bacow.
Debate over the regulation of foreign money in academia, once an afterthought, has become a microcosm of the U.S.’s attempts to remain the world’s top innovator, exposing a tension between the government’s efforts to remain competitive and academia’s goals to promote innovation and the free flow of ideas.
The Kraft family, which owns the New England Patriots, donated $24 million to Harvard Business School earlier this month to establish the Robert K. Kraft Family Fellowship Fund, which will be the largest endowed fellowship fund at the school.
Harvard has received almost $385 million from sources in 46 countries since August 2019, according to United States Department of Education data.
Taeku Lee will join Harvard as the first of four ethnic studies scholars to join the Faculty of Arts and Sciences, the school announced Monday.
The Harvard Kennedy School announced it received a $5 million gift from the James M. and Cathleen D. Stone Foundation to establish a new program that will study wealth inequality on Monday.
Harvard will commence renovations on its historic Weld and Newell Boathouses this year in what is planned to be the most significant update to the buildings since their construction more than a century ago.
The Harvard Graduate School of Education received the largest donation in its 102-year history last week. Provided by two anonymous Harvard Business School alumni, the gift includes a direct $30 million and an offer to match up to $10 million in additional donations.
At Harvard, 2021 was a year marked by change. The school’s long-awaited return to in-person operations injected new life into a campus that had been left dormant for over a year by Covid-19. And in an unexpected shift, the University announced its intention to divest its endowment from fossil fuels after a decade of public pressure. Separately, faculty controversies — including a federal conviction and a high-profile departure — ignited debates that rippled across academia. Below, The Crimson looks back at the 10 stories that shaped the last year at Harvard.
Harvard chief financial officer Thomas J. Hollister said the University’s finances are “moving in the right direction” in a Wednesday interview, though he cautioned that officials remain alert in the ever-changing landscape of the Covid-19 pandemic.
Though the Harvard Management Company reported record-breaking returns last Thursday, several financial experts said it still lags behind the performance of key financial indices and its peer institutions.
Harvard Corporation Senior Fellow Bill Lee Lauds ‘Really Positive’ Fundraising Year Despite Pandemic
Harvard Corporation senior fellow William F. Lee ’72 said in an interview Wednesday that the University expects high fundraising returns by the end of the fiscal year despite challenges posed by the Covid-19 pandemic.
Harvard boasts the largest endowment of any university in the world and supplements its finances with hundreds of millions of dollars in donations annually. Despite the scale of Harvard’s philanthropic efforts, a sizable gender disparity persists among the University’s donors.
Harvard Graduate Council Passes Emergency Resolution on Atlanta Shootings, Memorandum on Harvard Email Access
The Harvard Graduate Council heard a presentation on University finances and approved a memorandum recommending extended access to Harvard email addresses during a public meeting Wednesday evening, which took place just hours after the Council passed an emergency resolution in response to last week’s shootings in Atlanta, Ga.
The first-of-its-kind gift policy guide's listed central priorities include “upholding academic freedom," “adhering to institutional values,” and "avoiding conflicts of interest."