The University Campaign, concluded at the end of 1999, essentially doubled giving to Harvard, to $400 million or more annually. But remarkably, in fiscal year 2001, after the fund drive and in a weakening economy, total giving rose 40 percent, to $707 million. This sum reflects several large one-time research grants from non-federal sponsors; a $50-million Ford Foundation endowment for a program at the Kennedy School of Government; and the gift for the new Bauer Center for Genomic Research. Still, all categories of giving increased, from unrestricted current-use gifts to endowment funds and gifts for capital facilities.
Spirit of Giving
You might also like
Historic Humor
University Archives to preserve Harvard Lampoon materials
Academia’s Absence from Homelessness
“The lack of dedicated research funding in this area is a major, major problem.”
The Enterprise Research Campus, Part Two
Tishman Speyer signals readiness to pursue approval for second phase of commercial development.
Most popular
More to explore
Exploring Political Tribalism and American Politics
Mina Cikara explores how political tribalism feeds the American bipartisan divide.
Private Equity in Medicine and the Quality of Care
Hundreds of U.S. hospitals are owned by private equity firms—does monetizing medicine affect the quality of care?
Construction on Commercial Enterprise Research Campus in Allston
Construction on Harvard’s commercial enterprise research campus and new theater in Allston