Class Gifts

The University had received $506 million in gifts through May 31 of the fiscal year, $13 million ahead of donation totals at the same time a...

The University had received $506 million in gifts through May 31 of the fiscal year, $13 million ahead of donation totals at the same time a year ago, according to University Treasurer James F. Rothenberg ’68, M.B.A. ’70, who gave an accounting of class gifts at the HAA’s annual meeting on the afternoon of Commencement day.

The biggest news came from the class of 1981, which set a new record for the second-highest reunion total in Harvard history with $40.2 million. The class also recorded the highest number of donors—nearly 1,100 people—ever to participate in the class gift. The class of 1971 donated $17.4 million; and the class of 1956 came in with $17.7 million. Rothenberg also announced the largest single gift ever received by the University Art Museums: $12 million from the bequest of Horace Chapin, class of 1871. “This planned gift provided for nine beneficiaries throughout their lifetimes and has now created an enduring legacy for the Museums,” he noted.

In closing, Rothenberg recognized “one of our community’s most influential citizens”—the late Robert G. Stone Jr. ’45, L.H.D. ’03 (see "Harvard Citizen"), longtime chairman of the Committee on University Resources, and added, “It seems fitting that I end with a phrase that Bob used so often from this podium: ‘Thank you for all you do for this great University.’”

Most popular

Harvard Stabilizes Finances With Strong Endowment Returns, Philanthropy

Small operating surplus is dwarfed by reduced federal research support and endowment tax liabilities.

How Philosophy at Harvard Saved Itself

As humanities shrink across higher education, one department is flourishing. Is its success a fluke, or a roadmap?

Treat AI Like a New Species, Harvard Scientist Says

Joshua Joseph discusses how society can manage and coexist alongside self-governing AI agents.

Explore More From Current Issue

St. Peter's Basilica at sunset, illuminated by purple and orange sky reflections in the river.

For advocacy and benevolence, three late alumni are reportedly in line for the Catholic Church’s highest honor.

Illuminated hanging sculptures resembling organic forms, casting warm light in a dim space.

Artists Enzo Camacho and Ami Lien turn a colonial symbol from Cambodia inside out.

Collage of three photos of an athlete in a triathlon: one swimming, one cycling, one running, in sports attire.

The Harvard triathlete and coach says she helps normal people to “do extraordinary things.”