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

Financial Crisis, Faculty Perspectives: Part 2

President Drew Faust hosted a discussion on "Understanding the Crisis in the Markets: A Panel of Harvard Experts" before a full house in Sanders Theatre and a webcast audience...

Financial Crisis, Faculty Perspectives: Part 1

Harvard faculty members participated in two panel discussions this week focused on the roiling crisis in the nation's financial markets, the...

Harvard Endowment Rises 5.7 Percent to $36.9 Billion

Harvard Management Company (HMC) reported that the University's endowment had increased by $2.0 billion, or 5.7 percent, during the fiscal year ended June 30...

Endowments--Under a Tax?

The rising value of endowments belonging to private institutions of higher education is attracting critical political attention—a special challenge for Harvard, whose $34.9-billion endowment is much the largest.

Class Gifts

Why is it, University Treasurer James F. Rothenberg ’68, M.B.A. ’70, asked his Tercentenary Theatre audience on Thursday afternoon...

Financial Vice President to Step Down

Elizabeth Mora, Harvard's vice president for finance and CFO, will step down in mid May...

Harvard Management Company Names New President

Jane Mendillo will become HMC’s president and chief executive officer, effective July 1. Mendillo has served as chief investment officer of Wellesley College...