University Finances

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

Harvard Faculty of Arts and Sciences Appoints a New Finance Dean

Warren Petrofsky joins at a crucial moment when the FAS is dealing with a $350 million deficit.

by Lydialyle Gibson

Harvard endowment rises 11 percent

Harvard Management Company reports positive results, following the sharp decline in fiscal year 2009.

Faculty retirements, a HUCTW contract, and hospital aid to Harvard Med School

Waiting to hear about faculty retirements; a new HUCTW contract; and a cash infusion for the Medical School from its affiliated hospitals

Harvard and union reach new contract

A two-year contract would increase staff members' compensation.

Moody's explains Harvard and university financial crises

How high-return endowment policies and increased debt led to liquidity crises--at Harvard and elsewhere

Harvard Management Company compensation, investments

Harvard Management Company refines its compensation system, and aims to gain more advantageous terms for assets managed externally.

Harvard arts and science budget cuts

The Arts and Sciences dean explains steps toward budget balance in fiscal year 2012--and concerns from financial aid to deferred capital projects.

On Harvard governance and management

On University governance and management

Lee elected Harvard Corporation member

A successor to departing Senior Fellow James R. Houghton

Harvard FAS narrows budget chasm

…but more hard work remains to be done.

Harvard reboots its planned expansion in Allston

With construction on its huge science facility in Allston halted, Harvard reconsiders its planned expansion there.