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

Five Questions with Nancy Gibbs and Thomas E. Patterson

The Washington Post laid off more than a third of its journalists. Does this signal a new era for newsrooms?

Harvard Magazine Questionnaire: The True Cost of Grade Inflation

A faculty committee is recommending changes to grading at Harvard College to limit an overabundance of A's. Add your voice to the conversation.

The Enterprise Research Campus in Allston Nears Completion

A hotel, restaurants, and other retail establishments are open or on the way.

Most popular

The True Cost of Grade Inflation at Harvard

How an abundance of A’s created “the most stressed-out world of all.”

Government Seeks More Harvard Admissions Data

Justice Department says it needs proof that Harvard is complying with a 2023 Supreme Court ruling.

Harvard’s Epstein Probe Widened

The University investigates ties to donors, following revelations in newly released files.

House - Email

Explore More From Current Issue

A diverse group of individuals standing on stage, wearing matching shirts and smiling.

Arts & Culture

How a Harvard and Lesley Group Broke Choir Singing Wide Open

Cambridge Common Voices draws on principles of universal design. 

Cozy nook with a patterned rug and various colorful pillows against wooden walls.

Harvard History

At Harvard’s Beck-Warren House, Ghosts Speak Many Languages

The quirky 1833 home now hosts Celtic scholars.

Graduates celebrate joyfully, wearing caps and gowns, with some waving and smiling.

Harvard Division of Continuing Education

Inside Harvard’s Most Egalitarian School

The Extension School is open to everyone. Expect to work—hard.