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, 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

Click here for the January-February 2005 issue table of contents

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Two Momentous Faculty Retirements

Arthur Kleinman and Harry Lewis depart the classroom.

House Committee Subpoenas Harvard Over Tuition Costs

The University must turn over all requested materials related to tuition and financial aid by mid-July. 

The Professor Who Quantified Democracy

Erica Chenoweth’s data shows how—and when—authoritarians fall.

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Harvard’s Comedy and Improv Scene

In comedy groups, students find ways to be absurd, present, and a little less self-conscious.

Garber, Trump, and the Fight for Harvard’s Future

Introducing a guide to the issues, players, and stakes.

Walter Wick’s I Spy Series

I Spy Creator Walter Wick at the Norman Rockwell Museum