University Finances

Reporting on Harvard’s budget, endowment, and financial strategy.

Modern building exterior with reflective surfaces against a blue sky.

Harvard’s Endowment, Donations Rise—but the University Runs a Deficit

The annual financial report signals severe challenges to come.

by John S. Rosenberg

Harvard endowment up $2 billion to $32.7 billion

Investment gains and asset growth after a down year

Harvard endowment up $2 billion to $32.7 billion

Harvard Management Company earns 11.3 percent investment return, reversing prior-year result

Scenes from a campaign celebration, clockwise from top right: campaign co-chair, Corporation member, and University treasurer James F. Rothenberg begins the day's events in Memorial Church; faculty panelists Jonathan L. Zittrain (back to camera), Rebecca Henderson, and Peter Sorger; a conversation on philanthropy between campaign co-chair David M. Rubenstein (left) and Bill Gates; President Drew Faust's address in Sanders Theatre

Harvard campaign details and analysis

Details and analysis of the $6.5-billion Harvard Campaign

Charlie Albright

Courtney B. Vance, Charlie Albright headline Harvard campaign entertainment

Alumni artists Charlie Albright and Courtney B. Vance at the campaign festivities

Harvard announces $6.5 billion campaign

“Quiet-phase” gifts and pledges total $2.8 billion

The invitation for the September 21 launch events and festivities

Harvard Campaign launch events guide

A guide to The Harvard Campaign’s September 21 launch events

Short profiles of Harvard's capital campaign leaders

Harvard’s fundraising leaders

Honorand Bill Gates, the guest speaker at the 2007 Commencement, relished receiving a Harvard degree a mere three decades late. David M. Rubenstein is a co-chair of The Harvard Campaign.

Bill Gates, David Rubenstein talk philanthropy at Harvard campaign launch

Bill Gates and David Rubenstein discuss philanthropy at The Harvard Campaign launch

A Harvard faculty panel convenes for the capital campaign launch

The faculty panelists at The Harvard Campaign launch event

An honorand and the principal guest speaker at the 2007 Commencement exercises, Bill Gates reveled in collecting his Harvard degree—30-plus years after he dropped out of the College.

Walter Isaacson on Microsoft's founder Bill Gates at Harvard

Walter Isaacson on "complete rejectionist" Bill Gates at Harvard College—and the birth of personal-computer software