Sources of Funding

Endowment income distributed for operations makes up the largest share of Harvard’s revenue: 31 percent in the fiscal year ended June 30...

Endowment income distributed for operations makes up the largest share of Harvard’s revenue: 31 percent in the fiscal year ended June 30, 2004. But the individual schools’ finances vary depending on the size of their endowments (the Faculty of Arts and Sciences, FAS, has about half the total); reliance on tuition (an especially major factor for the law, business, and design schools); and sponsored-research operations (particularly in biomedical and related sciences). Data shown here, which exclude current-use gifts and other sources of revenue, come from the 2004 Financial Report

Chart by Stephen Anderson

Most popular

Martin Nowak Placed on Leave a Second Time

Further links to Jeffrey Epstein surface in newly released files.

Harvard study: termite mounds circulate air, sneezing once a day

Physicists look into the function of towering termite mounds.

Harvard Law Professor Explains the AI Battle Between Tech and Government

Jonathan Zittrain compares today’s conflicts to tensions surrounding the early internet.

Explore More From Current Issue

Bronze statues of three historical figures under a stylized tree in a softly lit space.

The Costly Choice Native Americans Faced

How the Revolution reshaped indigenous New England

Four stylized magnifying glasses arranged in a gradient background with abstract patterns.

AI Hunts For Stolen Harvard Coins

A museum curator and a computer scientist track down ancient coins taken in a legendary heist.

Brick archway with a sandy base, surrounded by wooden planks and boxes in a dim space.

How the American Revolution Freed a Future Abolitionist

Darby Vassall, an enslaved child freed after the Battle of Bunker Hill, dedicated his life to fighting for liberty.