University Asks for 5-Year Plans

In an effort to streamline the University’s capital planning, Harvard Executive Vice President Katie N. Lapp has implemented a more rigorous and centralized process for reviewing each school’s building plans.

Exotic Financial Assets Hurt Harvard’s Investments

Harvard University has continued to suffer losses on exotic financial instruments even as economic growth has slowly resumed, according to a recently released financial report.

Heiress Donates $12M to Harvard Ethics Center

At a time when the moral values of financial firms are being publicly questioned, the widow of a multibillionaire banker has donated $12.3 million in support of Harvard’s interfaculty initiative on ethics, the University announced yesterday.

Faculty Considers Core Priorities

The Faculty of Arts and Sciences administration has committed itself to determining its core priorities in preparation for the University’s upcoming capital campaign, FAS Dean Michael D. Smith said at yesterday’s Faculty meeting.

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Stanford Endowment Growth Tops Harvard, Yale

West Coast investors beat the East Coast in a brutal showdown of endowment fund management. That is, according to Bloomberg ...

University Expects Endowment Payout to Rise 4%

The University has advised its schools to plan for a 4 percent rise in the value of the endowment payout for the next fiscal year, marking the first yearly increase since the beginning of the financial crisis in 2008.

University Inflation Rate Hits Record Low

The rate of inflation affecting universities nationwide fell to 0.9 percent in fiscal year 2010—the lowest rate on record—and rates for institutions in New England dipped even lower.

Harvard Real Estate Deal with Chinese Fund Collapses

Harvard University will not sell a portion of its real estate holdings to China’s sovereign wealth fund after efforts to broker a deal collapsed, according to a person familiar with the situation. Media reports estimated that the deal would have been worth several hundred million dollars.

Endowment Sees 11% Returns After Large Losses

Harvard’s endowment grew to $27.4 billion in the fiscal year that ended June 30, 2010, an 11-percent investment return that comes a year after the endowment plummeted in value by 27.3 percent to $26 billion.

Harvard Endowment Jumps 11 Percent to $27 Billion

Harvard’s endowment grew to $27.4 billion in the fiscal year that ended June 30, 2010, an 11 percent investment return that comes a year after it plummeted in value by 27.3 percent to $26 billion.

Harvard's Second Quarter Equity Holdings Reduced 18 Percent

Harvard’s equity holdings were reduced 18.8 percent this past quarter amid a 10.6-percent fall in the Dow Jones Industrial Average during the same period and increased exposure to emerging markets.

Study: Colleges Caused Financial Crisis

A report written by Harvard Lecturer Joshua Humphreys and issued by the Center for Social Philanthropy at the Tellus Institute suggests that the “higher-risk, higher-return” manner in which the University invests its endowment has worsened the financial crisis.

Harvard Releases Compensation Figures for 2008

Harvard paid President Drew G. Faust $822,011 in salary and benefits in 2008, according to an IRS filing released Monday.

Harvard Cuts Endowment's Stock Holdings in First Quarter of 2010

Harvard reduced its stock holdings by 35 percent during the first quarter of 2010, even as the Dow Jones Industrial Average rose about 4 percent over the same period.