University Finances
NIH Pauses Awards to Harvard, Other Schools With Frozen Funding
The National Institutes of Health has been instructed not to make grant payments to Harvard and other universities whose funds have been frozen, according to an internal email reported by several news outlets.
Education Department Demands Records on Foreign Funding to Harvard
The Department of Education asked Harvard to turn over records on donations from foreign sources on Friday, alleging that the University inaccurately disclosed foreign gifts.
Harvard’s Clash With Trump Raises Stakes — And Closes Doors
As Harvard’s multibillion dollar standoff with the Trump administration escalates, the University’s roads to retreat or reconciliation are narrowing.
Late Night Comedians Celebrate Harvard’s Rejection of Trump’s Demands
Several late-night comedy shows ran segments on Harvard’s Monday decision to reject the Trump administration’s demands, praising the University while criticizing the White House.
Hour by Hour: How Harvard’s Donations Surged After Garber Challenged Trump
Contributions to Harvard spiked after the University refused demands from the White House on Monday. Read an hour-by-hour breakdown, according to a giving update produced by Harvard’s fundraising office and obtained by the Crimson.
As Garber Stands Against Trump, Money From Harvard Donors Pours In
After Harvard publicly rejected the Trump administration’s demands, a wave of support — and money — has come rushing in.
Can Harvard Use Its Endowment To Make Up For Federal Cuts? It’s Possible, but Not That Simple.
Harvard’s endowment is not a $53.2 billion pile of cash. But as the University sits on the precipice of historic financial losses, it has increasingly faced calls to draw from endowment funds to make up the difference.
PBHA Launches Emergency Fund After Federal Funding Freeze
The Phillip Brooks House Association, Harvard’s largest organization dedicated to public service, announced the establishment of an emergency fund two days after Trump froze $2.2 billion in funding to the University.
IRS Making Plans To Revoke Harvard’s Tax-Exempt Status, CNN Reports
The Internal Revenue Service is preparing to revoke Harvard’s tax-exempt status after the University rejected federal demands on Monday, CNN reported Wednesday afternoon.
Harvard AAUP Changes Litigation Strategy in Response to Funding Cuts
After a $2.2 billion cut was announced on Monday, Harvard’s chapter of the AAUP withdrew its request for a judge to block funding freezes from the Trump administration, instead asking for a preliminary injunction.
At Grim Town Hall, Harvard Medical School Leaders Tell Staff to Expect Layoffs and Far-Reaching Cuts
Harvard Medical School leadership told employees at a town hall Wednesday morning that the school was preparing to make staffing reductions and cut programs as a result of the Trump administration’s actions against Harvard — including a $2.2 billion freeze.
Harvard Says Legal Challenges With Trump Admin Could Have ‘Adverse Effect’ in Bond Sale Disclosure
Harvard University warned investors that mounting legal challenges with the White House over its $2.2 billion federal funding freeze could materially harm the institution’s financial standing, reputation, and operations, according to a disclosure filed on Tuesday in connection with a successful bond sale.
Trump Threatens To Revoke Harvard’s Tax-Exempt Status One Day After Garber Rejects Demands
United States President Donald Trump threatened to revoke Harvard’s tax-exempt status less than one day after Harvard President Alan M. Garber ’76 rebuffed the White House’s demands, marking yet another escalation in the Trump administration’s campaign against the University.
Trump’s Funding Cut Sets the Stage for a Historic Legal Battle With Harvard
By revoking more than $2 billion in federal grants and contracts, the Trump administration has forced Harvard President Alan M. Garber ’76 to make a final choice — sue or stand down.
HKS Human Rights Hub Renamed Carr-Ryan Center After $10 Million Donation
The Harvard Kennedy School’s hub for human rights research was renamed the Carr-Ryan Center on Friday in recognition of a $10 million donation from venture capitalist Vincent Ryan.