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University Finances
Harvard Campaign Aims To Raise Record-Breaking $6.5 Billion
The University has already raised $2.8 billion in donations and pledges from more than 90,000 supporters in the fundraising drive’s quiet phase.
University Prepares for Capital Campaign's Public Launch
University alumni and donors from around the world are flocking to the Square this weekend to celebrate Saturday’s public launch of The Harvard Campaign—widely predicted to be the largest fundraising drive in University history.
Harvard Today: Sept. 20, 2013
With October approaching and fall weather drawing nearer, the year’s summery days may be numbered. Take advantage of this weekend’s sun by lounging out in the Yard—or at least work on that p-set somewhere far away from Lamont.
School of Public Health Receives $12.5 Million Gift
The Harvard School of Public Health has received a gift of $12.5 million which will support a significant revamping of the school’s curriculum, the school announced Monday.
5 Questions You’ve Got About Larry Summers, Answered
You've probably heard by now that Former University President Larry Summers has withdrawn his name from consideration for the Chairmanship of the Federal Reserve. But you may be wondering why so many people at Harvard care, or perhaps you're just curious about what the Fed Chair does, anyway. You shouldn't have to ask those questions out loud, so Flyby's asked them for you here; and better yet, we've provided answers.
Divestment Movement Continues at Harvard
Divest Harvard continues to garner support from students, faculty, and other members of the community for its efforts to force the University to divest from fossil fuel corporations.
Faust Charts Course Through ‘Stormy Seas’ as The Harvard Campaign Approaches
In a speech Tuesday, the University President conveyed a mixed outlook for higher education, describing both the challenges and opportunities facing Harvard.
Forbes Mysteriously Ranks Harvard’s Fiscal Health 5th Best in Nation
Apparently having the largest endowment in higher education isn’t good enough to be named the most fiscally healthy college in the country by the always-reliable Forbes magazine.
HMC Names Its First Vice President for Sustainable Investing
Jameela Pedicini, a former manager for the United Nations’ Principles for Responsible Investment initiative, will work to research and understand sustainability issues related to the University’s more than $30 billion endowment.
Morgan Stanley Exec To Serve as HMC's Chief Risk Officer
A Morgan Stanley executive will take over as Harvard Management Company’s next chief risk officer, the body announced Wednesday.
Largest Donor to Harvard Doubles Gift to Wyss Institute
Nearly five years after donating $125 million to Harvard—the largest philanthropic gift ever to the University—Hansjörg Wyss has matched that sum with a second $125 million gift to the Wyss Institute for Biologically Inspired Engineering, the Institute announced Tuesday.
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University President Drew G. Faust saw little change in her earnings between 2010 and 2011, while HMC President and CEO Jane L. Mendillo's total compensation jumped by 52 percent during the same time period.
Faust's Earnings in 2011 Much Lower Than Those of Other University Presidents and Top Harvard Employees
University President Drew G. Faust received $899,734 in salary and benefits in 2011, according to a recent filing with the Internal Revenue Service. While that figure is about the same as last year’s, Harvard’s chief investment manager, who is paid far more than most administrators, saw a 52 percent increase in her earnings.
Simmons Resigns in Protest
More than a month after stepping down as head of Harvard’s Weatherhead Center for International Affairs in protest of a Faculty of Arts and Sciences’ financial policy, government professor Beth A. Simmons said that top FAS deans have not formally acknowledged her resignation.
