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 under the headline “The Endowment: Each School’s Stake,” in the John Harvard's Journal section.

You might also like

Older woman in a white outfit with a cane and red sash, alongside an elderly man in a gray suit holding a sign.

Harvard Honors Its Oldest Alumni

At 97 and 101, Linda Cabot Black ’51 and William “Bill” Dubey ’46 led the way on Alumni Day.

Smiling astronaut in blue jumpsuit speaking at a podium, colorful background.

Don’t Be A ‘Solo Superhero,’ Jonny Kim Tells Harvard Alumni

The astronaut, doctor, and Navy SEAL delivered keynote remarks at the University’s Alumni Day festivities.

A speaker in academic regalia stands before an audience during a ceremony outdoors.

Harvard College Dean Deming Launches Podcast

In interviews with accomplished people, he traces their circuitous routes to success.

Most popular

Engraved diagram showing eight ornate cast-iron stoves with chimneys labeled No. 1 to No. 4

The Franklin Stove—A Historical Climate Change Adaptation

Historian Joyce E. Chaplin reinterprets an early era of invention, industrialization, and climate challenge

Ronny Chieng wearin a suit speaks passionately at a wooden podium outdoors.

Ronny Chieng Tells Harvard to ‘Destroy AI’ as Graduates Cheer

The comedian and The Daily Show host gave the keynote address for Class Day 2026.

Three smiling individuals in business attire, standing outdoors with greenery in the background.

Meet Harvard’s 2026 Student Commencement Speakers

Two undergraduates and a Ph.D. candidate will address the graduating class on May 28.

Explore More From Current Issue

Woman in historical dress standing in front of green foliage, smiling brightly.

Alumni Profiles