Gifts and Endowments, 2005

The rich get richer, at least as measured by annual giving to Harvard’s schools, compared to their existing endowments, as shown in Managing Harvard’s Resources, published in March by the University’s alumni affairs and development office. Duringthe fiscal year ended June 30, 2005, the Faculty of Arts and Sciences and the business, medical, and law schools led the University’s fundraising, which totaled $590 million. Not shown in the endowment tally here is the nearly $1 billion dedicated to an array of other academic units; the endowment overall was valued at $25.9 billion.

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