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University Finances

President Alan Garber Speaks at Annual MLK Lecture
Central Administration

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.

Weeks Bridge
Central Administration

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.

Hoekstra Commencement 2024
FAS

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.

Widener Side View
Research

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.

John Harvard Statue
Central Administration

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.

Harvard Management Company Offices
University Finances

HMC Backs Out of Big Tech, Increases Stakes in Microsoft and Booking at Beginning of 2025

Harvard Management Company pulled back on many of its recent tech investments during the first quarter of 2025 while significantly increasing its stakes in Microsoft and Booking Holdings in a major shakeup of its directly held public equities portfolio.

White House
Central Administration

Trump Doubles Down on Threat to End Harvard’s Tax-Exempt Status

United States President Donald Trump wrote on Friday that he would pull Harvard’s tax-exempt status — his second social media vow to weaponize the Internal Revenue Service in the White House’s standoff with the University.

American Flag Flies Beside U.S. Capitol Building
Central Administration

House Republicans Threaten To Subpoena Harvard in Antitrust Probe, Despite Extended Document Submission Deadline

The House Judiciary Committee is prepared to subpoena Harvard for allegedly failing to submit documents requested as part of an antitrust tuition collusion investigation launched earlier this month, according to a House staffer familiar with the plans.

Harvard Management Company Offices
University Finances

HMC Plans $1 Billion Sale of Private Equity Stakes

Harvard Management Company is planning to sell nearly $1 billion of private equity fund stakes, liquidating nearly 5 percent of its private equity portfolio amid mounting threats to the University’s finances by its critics in Washington.

Massachusetts Hall
Central Administration

Harvard Will Create Process To Centralize Protest Discipline Cases Under University President

Harvard will create a process for University President Alan M. Garber ’76 to call a faculty panel to investigate and impose penalties in cross-school disciplinary cases, Garber announced in a Thursday evening email to Harvard affiliates.

Harvard from Across the River
Central Administration

Harvard Asks Judge to Expedite Lawsuit Against Trump Admin, Declines to Request Emergency Injunction

Harvard asked a federal judge to fast-track its legal challenge against the Trump administration’s decision to freeze more than $2 billion in grants and contracts, calling for quick action to mitigate harm to research and academic projects.

Congress Photo
Central Administration

Harvard Spends Record Amount on Lobbying in First Quarter of 2025 As It Fends Off Federal Threats

Harvard spent $230,000 on federal lobbying in the first quarter of 2025 — its highest quarterly total since George W. Bush’s presidency — as the University tries to fortify itself against attacks from Congress and the White House.

Harvard Medical School
Research

HSPH Asks Labs To Describe Funding Streams As It Braces for Financial Troubles

The Harvard School of Public Health is asking all research labs to describe their funding streams to determine how to allocate “scarce internal resources” in the wake of the Trump administration’s multibillion dollar cut to federal grants and contracts.

Harvard Medical School
Central Administration

Trump To Cut Another $1 Billion From Harvard Health Research Funding, Wall Street Journal Reports

The Trump administration plans to slash another $1 billion in federal grants and contracts for health research to Harvard, on top of an existing $2.2 billion cut, the Wall Street Journal reported on Sunday.

Harvard Medical School Quadrangle
Politics

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.

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