January 1, 2009

The Endowment: Each School’s Stake

(Sidebar) The shrinking Harvard endowment affects the University's different schools differently.

From The January-February 2009 Issue

Return to main article:

Harvard’s endowment, valued at $36.9 billion as of last June 30, in fact belongs to the separate schools and other academic departments. The large chart shows the share of the endowment owned by each (the Faculty of Arts and Sciences loomed largest, at $15.7 billion—nearly 43 percent of the total). Of crucial importance is each school’s dependence on distributions from the endowment for its operating budget, shown in the inset chart. Source: Harvard University Financial Report, Fiscal Year 2008.

Chart by Stephen Anderson

Published in the January-February 2009 print issue in the John Harvard's Journal section.

You might also like

Ornate wrought iron gate detail against a clear blue sky.

FAS leaders say restructuring will be complete by mid-October.

A man smiling in a blue shirt next to a white gate with a plaque and greenery.

The award-winning international journalist has served as interim curator since 2025.

University Hall exterior with ornate windows and greenery.

College staff whose jobs will be changed or eliminated were notified this week.

Most popular

A woman with long hair stands confidently with crossed arms next to a pickup truck.

All That’s Unseen charts the Harvard graduate’s uneasy journey from Appalachia to Cambridge and back.

Harvard rugby first-year scorer Sofie Fella

Rugby’s freshman scorer Sofie Fella

White House and Harvard University buildings split diagonally with contrasting colors.

Harvard Weathers a Year of Turmoil

The federal government has launched unprecedented actions against the University. Here’s a guide.

Explore More From Current Issue

Five individuals are posed in a monochrome outdoor setting near a cinderblock building, some standing, some seated.

Visual Arts

Photographer and writer Morgan Smith chronicles life beyond the violence in Ciudad Juárez and other Mexican towns.

Label showing the anatomy of a worker bee, featuring a detailed illustration.

Museums & Collections

Science and art capture the microscopic natural world.

Singer performing on stage with a guitar, wearing a hat, and surrounded by band instruments.

Arts & Culture

Singer Elisa Smith’s whiskey-soaked voice and subversive feminism is part of the genre’s urban shift.