University Finances
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.
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.
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.
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.
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.
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.
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.
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.
Trump Administration Freezes More Than $2 Billion in Federal Funding to Harvard
The Trump administration paused $2.2 billion in multi-year grants and $60 million in multi-year contracts to Harvard over its decision earlier today to reject the White House’s demands — a dramatic escalation in its crusade 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.
Harvard’s Researchers Take Center Stage in Funding Showdown With Trump
David R. Walt, a professor at Harvard Medical School and Boston’s Brigham and Women’s Hospital, lost hundreds of thousands in research funding from the Trump administration last week — just two months after receiving the nation’s highest honor for technological achievement.
More Than $110 Million in NIH Grants to Harvard, Affiliated Hospitals Terminated Since Late February
The National Institutes of Health has terminated research grants worth more than $110 million to Harvard University and its affiliated hospitals since late February, according to public Department of Health and Human Services filings reviewed by The Crimson.
‘A Campaign of Anti-Palestinian Racism’: HDS Students, Alumni Decry Program Suspension
HDS Dean Marla Frederick announced on March 28 that the Religion, Conflict, and Public Life program would be paused, citing a budget cut and a desire to “rethink” the future of the program. But Frederick’s decision drew anger from some RCPI affiliates.
