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:

Harder Times

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.

Related topics
University News
University Finances

You might also like

Harvard Honors Its Oldest Alumni

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

Harvard College Dean Deming Launches Podcast

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

Graduate Student Workers End Strike

Union members return to work without a contract, but with plans to continue bargaining.

Most popular

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.

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.

Meet Harvard’s 2026 Student Commencement Speakers

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

House - Email

Explore More From Current Issue

A woman with long hair leans on a table, looking out a large window with rain-streaked glass.

Research

A Harvard Economist Probes the Affordable Housing Crisis

From understanding gender pay gaps to the housing crisis, Rebecca Diamond’s research aims to improve lives.

Mercy Otis Warren in period attire writes at a desk by candlelight, surrounded by books.

Harvard Celebrates America’s 250th

The Woman Who Penned the Case for War

Mercy Otis Warren’s poetry and plays incited the Patriot movement.

Portrait of a man with white hair, wearing a black coat, arms crossed, thoughtful expression.

Harvard Celebrates America’s 250th

The Framer Who Refused to Sign the Constitution

Harvard’s Elbridge Gerry helped draft the U.S. Constitution, but worried it might create a new monarch.