University Finances
After Donation, Radcliffe Gym Renamed Knafel Center
The Radcliffe Gymnasium will now be known as the Knafel Center, the Radcliffe Institute for Advanced Study announced on Thursday, following a recent $10.5 million gift from long-time University donor and venture capitalist Sidney R. Knafel ’52.
Centralizing Through Capital Campaign Priorities
As the University prepares for the public launch of a multi-billion dollar capital campaign, it looks to coordinate across Harvard's 15 schools and balance school-specific interests with a commitment to centralization.
HMC's Private Equity Director Departs
Harvard Management Company’s Director of Private Equity Peter F. Dolan ’83 left HMC on Wednesday after nearly 20 years with the firm, according to a University official familiar with the matter.
Activist Group Condemns Endowment’s Link to Gunmakers
A student and alumni activist group criticized Harvard this week for its investment in an index fund that is a major shareholder of firearm manufacturer Smith & Wesson.
EdX Will Be Capital Campaign Priority
HarvardX, a branch of Harvard and MIT’s joint virtual learning venture edX, will be a priority for Harvard’s upcoming capital campaign, University President Drew G. Faust told The Crimson on Wednesday.
Anticipating Federal Cuts, Schools Streamline, Diversify Sponsored Funding
Regardless of what happens on Capitol Hill this week, Harvard will have to contend with decreased revenue from federal agencies by reevaluating its reliance on different sources of income.
Medical Leaders Say Federal Cuts will Hurt Research
Enumerating the developments and cures made possible by federal sponsorship, medical researchers warned that a roughly five percent cut to all non-military programs would be devastating to Boston’s hospitals and universities—including Harvard.
HMC Creates New VP Position for Sustainable Investing
Harvard Management Company has created a new position devoted to researching and understanding sustainability issues related to the University’s $30.7 billion endowment.
Faust Delivers Address on Science Research, Sequestration
University President Drew G. Faust warned that cuts to federal research funding would endanger innovation, the economy, and “intellectual life” in the United States in a speech to the annual meeting of the American Association for the Advancement of Science.
HKS Students Vote in Favor of Responsible Investment
Students at the Harvard Kennedy School became Harvard’s second student body to vote yes on a referendum question supporting responsible investment of the University’s endowment.
Is College Worth the Money?
In this series, Flyby Staff Writer Olivia M. Munk identifies, dissects, and discusses ideas, articles, and opinions found in popular media and popular culture. She's here to inform you and to make you think—about what's out there, what it means to us, and what it might mean for you. WHAT IT IS In the wake of the Great Recession, formal college education and its ever-increasing price tag has been under scrutiny from the popular media. To make higher education accessible for all, Bill Gates, Florida governor Rick Scott, and others have proposed the implementation of a $10,000 bachelors degree program. Is it possible? A recent op-ed in the New York Times details Arthur C. Brooks' flirtation with traditional college, followed by what his parents fondly dubbed a "gap-decade," and finally a return to academia by correspondence. Brooks managed to complete his undergraduate degree as well as two graduate ones without obtaining a cent of debt, and most importantly, all for less than $10,000.
HKS Students To Vote on Social Choice Fund Referendum
After a fall semester that saw College students vote in support of a social choice fund and the University announce its plans to create one, Kennedy School students will vote next week on a referendum calling for Harvard to demonstrate a financial commitment to the new fund.
Harvard's Endowment Returns Beat the National Average for American Colleges
Harvard’s endowment returns beat the national average for American colleges and universities during the 2012 fiscal year.
Corporation Committee, Students Discuss Responsible Investing
The Harvard Corporation Committee on Shareholder Responsibility conducted two meetings with student groups on Friday to discuss socially responsible investing.
