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

The new master-plan submission: (1) Harvard Business School’s (HBS) Kresge Hall replacement; (2) Burden Hall replacement; (3) Faculty and administrative office building; (4) Harvard Stadium addition/renovation; (5) Athletics department’s basketball venue and institutional/mixed-use facility; (6) Institutional/mixed-use project (on existing Charlesview site); (7) Hotel and conference center; (8) Renovation of HBS’s Baker Hall; (9) Renovation of Soldier’s Field Park housing.

Allston master plan submitted by Harvard in 2012 marks end of grandiose plans

The institutional master plan notification form Harvard filed in October 2012 no longer relies on debt-financing or unrealistic endowment payouts.

Robert D. Reischauer

Harvard governance two-year update

Assessing the University two years after changes in governance were introduced

Harvard makes an Allston accounting adjustment

A reporting change reflects the upheaval in Harvard's finances.

Harvard sells Watertown Arsenal as development downsized

Harvard divests the Arsenal on the Charles complex, in Watertown—once considered swing space in its ambitious Allston growth plans.

Harvard 2012 annual financial report shows break-even year

Harvard reports a break-even 2012 in its annual financial report—and paints a stark picture of new fiscal realities.

Glenn H. Hutchins '77, J.D.-M.B.A. '83, co-chair of the FAS capital campaign

Campaign co-chair Glenn Hutchins donates $30-million to Harvard house renewal

Glenn Hutchins ’77, J.D.-M.B.A. ’83, co-chair of FAS campaign, makes a $30-million gift.

Harvard-HUCTW tough labor negotiations

Harvard and its largest union in protracted negotiations on wages and health benefits

Harvard 2012 arts and sciences finances and ambitions

In the dean's annual report for 2012, the Faculty of Arts and Sciences achieves a budget goal—and sketches its ambitions

Harvard endowment declines on flat returns

In a year of flat investment returns, the endowment declines as distributions support Harvard University operations

Dean Michael D. Smith

Harvard arts and sciences 2012 annual report

Dean Michael Smith's annual report to the faculty