University Finances
Stefanik Calls On SEC to Investigate Harvard’s $750 Million Bond Disclosure
Representative Elise M. Stefanik ’06 (R-N.Y.) alleged that Harvard should have told bondholders in an April 9 notice to expect financial fallout from defying the Trump administration’s demands. It is not clear that Harvard had already decided to reject the demands at the time of the bond offering.
Senate Finance Committee Proposal for 8% Endowment Tax Could Cost Harvard $200 Million Per Year
The Senate Finance Committee released proposed changes to the House’s tax and spending bill that would introduce an 8 percent tax on large endowments. Down from the 21 percent rate passed by the House, the proposal would still be a sixfold hike from the 1.4 percent Harvard currently pays.
Harvard Research Cuts Halt More Than 570 Subawards to Other Institutions, Including MGB Hospitals
Harvard will cease funding more than 570 subawards for research at affiliated institutions across 32 states after cuts to federal support, according to a University spokesperson.
After a Semester of Catastrophic Federal Cuts, Researchers at Harvard Are in a ‘Survival State’
Across Harvard’s schools, researchers described a wave of destruction following sweeping terminations of federally funded grants. More than $2.7 billion in cuts have come as part of the Trump administration’s targeted pressure campaign against Harvard.
A Reluctant Fight: Inside Harvard’s War With Washington
At a campus now used to crisis, Garber’s words found their mark, not for what he said, but for what he seemed to represent: control, clarity, and a kind of reluctant bravery. After trying backchannel conversations with White House officials, a letter — apparently sent by mistake — with unprecedented demands forced Garber’s hand.
Strings Attached: How Harvard’s Wealthiest Alumni Are Reshaping University Giving
Led by Samuel W. Lessin ’05 and the 1636 Forum, Harvard donors are ditching unrestricted giving for targeted donations to shape the University’s future.
Seeking Revenue and Reach, SEAS Sets Its Sights on Expanded Professional Education Programs
The School of Engineering and Applied Sciences aims to expand its professional education programs and increase the programs’ revenue by at least one million dollars by 2030.
Trump Took Aim at Harvard. His Facts Sometimes Missed the Mark.
Donald Trump has spent the past two days using his presidential bully pulpit to light into Harvard.
Trump Administration Threatens To Pull Last of Harvard’s Federal Contracts
The Trump administration is prepared to direct federal agencies to cancel an estimated $100 million in remaining federal contracts with Harvard and seek alternative vendors, The New York Times reported Tuesday morning.
House Narrowly Passes GOP Tax Bill Targeting Harvard’s Endowment with 21 Percent Tax
The U.S. House of Representatives passed a sweeping Republican-backed tax and spending bill Thursday that would impose a 21 percent tax on Harvard’s endowment returns — the latest in a series of federal measures inflicting harsh financial penalties on the University.
Garber Establishes Presidential Priorities Fund, Calls on Alumni to Back Harvard in Fight with Trump
Harvard President Alan M. Garber ’76 unveiled a new Presidential Priorities Fund in a Monday email and called on alumni and donors to throw their financial and political support behind the University.
HHS Freezes $60 Million in Federal Grants to Harvard in Third Round of Trump Cuts
The United States Department of Health and Human Services cut an additional $60 million in multi-year grants to Harvard over allegations of campus antisemitism and racial discrimination on Monday.
Harvard FAS Announces New Funding Program for Research Impacted by Trump Cuts
Harvard Faculty of Arts and Sciences Dean Hopi E. Hoekstra announced a new program to fund senior and tenure-track FAS professors whose grants have been terminated by the Trump administration in a Friday message.
Scores of Researchers Receive Termination Notices After Federal Government Cuts Most Grants to Harvard
More than 100 Harvard researchers received termination notices for federally funded research projects on Thursday, as sweeping cuts to the majority of Harvard’s federal grants begin taking effect across the University’s labs.
Harvard Paid Claudine Gay $1.3 Million in 2023, Financial Disclosures Show
Former Harvard President Claudine Gay earned more than $1.3 million in 2023 — which spanned the end of her term as Faculty of Arts and Sciences dean and all six months of her short-lived presidency — according to the University’s annual tax disclosures.
