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Harvard Financial Report Surplus

The annual financial report also documents endowment changes.

Harvard Endowment Increases $11.3 Billion and University Operates at a Surplus

A 33.6 percent return on endowment investments, as expense controls and donor support buoy the budget in an unprecedented year

On Firmer Footing

Robust financial results despite the pandemic, and historic endowment returns

Explore More From Current Issue

Three joyful graduates in caps and gowns celebrate together outdoors.

Commencement Week Events

Harvard Commencement Events 2026

Portrait of a man with white hair, wearing a black coat, arms crossed, thoughtful expression.

The Framer Who Refused to Sign the Constitution

Harvard’s Elbridge Gerry helped draft the U.S. Constitution, but worried it might create a new monarch.

A woman with long hair leans on a table, looking out a large window with rain-streaked glass.

A Harvard Economist Probes the Affordable Housing Crisis

From understanding gender pay gaps to the housing crisis, Rebecca Diamond’s research aims to improve lives.