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

University Hall with steps and the John Harvard statue, surrounded by trees and a grassy lawn.

Long-discussed reorganization includes layoffs and the end of the Dudley Community.

Modern building with large glass windows, surrounded by greenery and pedestrians.

A roundup of University news from the summer of 2026

Ornate wrought iron gate detail against a clear blue sky.

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

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.

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.

Red brick building with large windows and greenery, set against a bright blue sky.

After a final round of layoffs, University leaders say 165 staff jobs were eliminated across the division.

Explore More From Current Issue

A woman with curly blonde hair sits casually against a stone wall, wearing a black top and jeans.

Chloe Chapin trains her Broadway costume designer’s eye on the history of men’s fashion.

A vibrant illustration of a red car parked, surrounded by cheerful people and historic buildings.

Harvard History

Derek Bok donated his car for a good cause.

Runners compete on a track, with a Harvard athlete in the foreground and others behind.

Athletics

After a historic 2025-26 season, athletes eye NCAA championships.