Tag: Budget
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Nation & World
Weathering COVID’s financial storm
Harvard this week released its annual financial report, which details a $10 million deficit due to the sudden and overwhelming financial effects of the COVID-19 pandemic. The Gazette spoke with Harvard Executive Vice President Katie Lapp and Chief Financial Officer Thomas Hollister about the fiscal year that ended June 30.
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Nation & World
A fairly bright fiscal 2019
Harvard closed the 2019 fiscal year last June 30 with a surplus. Harvard officials discuss the details of how the University got there.
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Nation & World
For Harvard, a look at the financials
Reflecting on the end of the fiscal year June 30, the Gazette sat down with Executive Vice President Katie Lapp and Chief Financial Officer and Vice President for Finance Thomas Hollister to talk about the last budget year and the opportunities and challenges ahead.
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Nation & World
A call to halt endowment tax
Harvard President Drew Faust was among 49 college and university presidents who called on Congress to repeal the endowment tax enacted in December.
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Nation & World
Looking back, but thinking ahead
Executive Vice President Katie Lapp and Vice President for Finance and Chief Financial Officer Thomas Hollister take a look at the 2017 fiscal year.
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Nation & World
A budget surplus, but a cautious outlook
Harvard had a budget surplus in the 2016 fiscal year, but forecasts are for tight revenues in the years ahead from endowment, tuition, and federal funding sources, Harvard’s chief financial officer said.
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Nation & World
National parks at a turning point
The Kennedy School’s Linda Bilmes took part in a centennial effort to identify goals and challenges for the national parks.
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Nation & World
In annual report, a slight surplus
A slight surplus atop a strengthening financial foundation marked the 2015 fiscal year, according to Harvard financial leaders, who spoke with the Gazette as the University released its annual financial report.
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Nation & World
Dan Shore to step down
Dan Shore, who has been Harvard’s chief financial officer and vice president for finance, will leave the University this fall.
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Nation & World
FAS Dean Smith looks ahead
As it emerges from the worst of the global financial crisis, Harvard’s Faculty of Arts and Sciences (FAS) is renewing its focus on priorities ranging from House Renewal to innovative pedagogy. With the release of the 2010 FAS annual report, Dean Michael D. Smith, John H. Finley Jr. Professor of Engineering and Applied Sciences, spoke…
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Nation & World
FAS ends fiscal year under budget
The Faculty of Arts and Sciences has ended fiscal 2009 under budget by $6 million after targeted budget cuts were implemented and current-use financial gifts to the endowment increased.