University Finances

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

White House and Harvard University buildings split diagonally with contrasting colors.

Harvard Weathers a Year of Turmoil

The federal government has launched unprecedented actions against the University. Here’s a guide.

by Jonathan Shaw

William F. Lee

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.

Construction of the Allston science complex will halt. The Charlesview housing site, across Western Avenue (to the right), will come under Harvard’s control—but development of a proposed arts and cultural hub at this key intersection with North Harvard Street remains a vision for the future.

Harvard reboots its planned expansion in Allston

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

James R. Houghton

Harvard Corporation senior fellow James R. Houghton to retire

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

Harvard endowment prospects

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

Harvard Arts and Sciences faculty pares deficit

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

Members of the Hasty Pudding Theatricals honored Anne Hathaway with a parade during her January 28 visit to Harvard.

Timberlake and Hathaway snag Pudding pots, Carlos Slim gift, IRS audit, 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.

Harvard financial losses extend beyond the endowment

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

Harvard Faculty of Arts and Sciences annual decanal report

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

Outside the Caspersen Room at the Harvard Law School Library: Ess Librarian and professor of law John G. Palfrey VII with University Library director and Pforzheimer University Professor Robert Darnton.

Harvard libraries under pressure

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