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 library system faces restructuring

The intellectually extraordinary but decentralized system needs administrative, financial, and technological reorganization, according to the Task Force on University Libraries.

The endowment’s swoon

A status report on the state of the endowment

Harvard FAS financial update

An early-semester financial talk by the dean

Start-of-year address by Harvard president Faust

President Faust opens the academic year with a State of the University address.

Harvard Faculty of Arts and Sciences academic progress, financial problems

Faculty of Arts and Sciences Dean Michael D. Smith outlines academic progress and details financial problems in his 2009 annual report.

Harvard Suffers Billions More in Losses

The endowment, the University's cash accounts, large swap losses, and more.

FAS financial dean

Leslie Kirwan fills a critical position as the faculty works to close a $110-million budget gap.

Yale endowment declines too

Yale reported sharp losses, but narrowly bested Harvard's results--preserving a large margin of long-term superior investment performance.

FAS budget savings realized and yet to come

Dean Michael D. Smith details hard-won budget improvements--and the challenges remaining.

Yale endowment losses and spending cuts deepen

Eli President Richard C. Levin signals deeper endowment losses and spending cuts. What are the implications for Harvard's finances?