University Finances
University Annual Reports
Community members and university affiliates listened to representatives from Harvard, MIT, and Lesley University as they presented their universities’ annual reports to the Cambridge City Planning Board.
North Korea Succession
In a packed Tsai Auditorium on Monday, January 23rd, from left History Professor Andrew Gordon, Korea Professor Carter Eckert, Cold War Studies Professor Mark Kramer, and China Professor Anthony Saich discuss relevant implications for Korea after Kim Jong Il's demise.
Ed Forst, Former Harvard VP, Leaves Goldman
Former University vice president Edward C. Forst ’82 will retire from his position as co-head of investment management at Goldman ...
HMC May Sell $1.5 Billion in Illiquid Assets
Harvard will sell $1.5 billion in private equity assets, as the Harvard Management Company continues its efforts to reduce the University’s illiquid holdings.
FY 2011 Budget Deficit Climbs
The University closed the 2011 fiscal year with a $130 million deficit on $3.9 billion in expenses, a significant jump from the last year’s annual deficit of $900,000, according to Harvard’s annual financial report.
Harvard Raises $639M Despite Tough Economy
Despite a shaky economy, Harvard raised a record setting $639 million during the 2011 fiscal year, the third-largest amount ever accrued in the University’s history.
Harvard Executives Earn More Than Their Massachusetts Counterparts
The average of the top eight Harvard employees was more than three times the average of the top eight employees at the nearest runner-up—Boston University.
Analysis: Despite Performance, HMC Portfolio To Be Tested Over Next Fiscal Year
Harvard’s endowment returns of 21.4 percent in fiscal year 2011, announced last week, beat benchmarks and were the highest in recent memory.
Harvard Endowment Jumps 21.4 Percent
Harvard’s endowment posted a 21.4 percent gain for fiscal year 2011, bringing the endowment’s value up to $32 billion.
