University Finances

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

Harvard Layoffs Continue, with More to Come

In the wake of federal government actions, several Harvard schools and institutes are cutting costs.

by Jonathan Shaw

Lee Elected Fellow of Harvard Corporation

A successor to departing Senior Fellow James R. Houghton

Arrested Development

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

The Corporation Changes

James R. Houghton, senior fellow of Harvard’s senior governing board, will step down on June 30.

FAS Narrows Its Budget Chasm

…but more hard work remains to be done.

Endowment Returns, Endowment Management: Straws in the Wind?

UPDATED. Other institutions’ endowment results—and further budget cuts—suggest the challenges facing Harvard Management Company and the University.

FAS Reduces Deficit, but Gap Remains “Huge”

The Faculty of Arts and Sciences lessens its budget problem, but an $80-million financial shortfall remains.

Harvard Headlines: Hasty Pudding Picks Timberlake, Helen Molesworth Departs, and More

UPDATED. Our roundup also includes news of a gift from Carlos Slim, a favorable ranking of Harvard's value among colleges, and an audit by the IRS.

Further Financial Fallout

The Harvard University Financial Report for fiscal year 2009 documents losses not previously detailed.

"Two Radically Different Worlds"

Dean of the Faculty of Arts and Sciences Michael D. Smith presents his annual report.

Libraries on the Edge

The University's financial crisis is exacerbating existing problems in expanding, coordinating, and technologically improving the collections.