Tag: Endowment

  • Nation & World

    Faust: Let’s break down boundaries

    Harvard President Drew Faust took questions from television journalist Charlie Gibson, a fellow at the Harvard Kennedy School this year, in a Sanders Theatre forum intended to kick off the school year.

    4 minutes
  • Nation & World

    Harvard endowment posts strong positive return

    Harvard’s endowment earned an investment return of 11 percent for the year and was valued at $27.6 billion on June 30.

    2 minutes
  • Nation & World

    ‘Harvard lifts aspirations’

    Harvard Law School Professor Lawrence Lessig spoke before a Harvard Alumni Association audience about institutional ethics and alumna Linda Greenhouse interviewed President Faust about Harvard’s future during a Paine Hall event.

    4 minutes
  • Nation & World

    Faust takes the long view

    President Drew Faust addresses the Greater Boston Chamber of Commerce, discusses tough economic times, recommitment to expansion, and ties with Allston neighborhood.

    3 minutes
  • Nation & World

    Q&A on Harvard’s financial report

    Harvard University’s treasurer, Jim Rothenberg, and its chief financial officer, Dan Shore, discuss the annual report and the lessons learned in a tough economic climate.

    12 minutes
  • Nation & World

    Harvard’s Faust Plots Course for ‘Unified’ School in Crisis

    Harvard University President Drew Faust is pushing to knock down traditional budgeting barriers among the school’s independent divisions, after the school lost $11 billion of endowment value last fiscal year.

    1 minute
  • Nation & World

    President stresses culture of collaboration

    The importance of the University’s mission has been heightened by the challenges of our times, President Drew Faust said Thursday (Sept. 24), but Harvard must foster a new culture of collaboration across the University in order to meet those challenges.

    4 minutes
  • Nation & World

    Harvard Management Company announces fiscal 2009 results

    Harvard University’s endowment declined 27.3 percent during the fiscal year ending June 30, 2009, one of the most challenging periods in modern times for financial markets.

    4 minutes
  • Nation & World

    Harvard endowment posts solid positive return

    Harvard University’s endowment earned an 8.6 percent return during the fiscal year ending June 30, 2008, bringing the overall value of the University’s endowment to $36.9 billion. The continued strong returns reinforce the endowment’s ability to provide critical support for Harvard’s academic programs and mission. In fiscal 2008, distributions from the endowment totaled $1.6 billion,…

    4 minutes
  • Nation & World

    Jane Mendillo to lead Harvard Management Company

    Jane Mendillo will become the new president and chief executive officer of Harvard Management Company (HMC), effective July 1, 2008, the HMC board of directors announced today.

    6 minutes
  • Nation & World

    Harvard endowment posts strong positive return

    Harvard University’s endowment earned a 23.0 percent return during the fiscal year ending June 30, 2007. With FY07 being one of the best performance years since the inception of Harvard Management Company in 1974, the overall value of the University’s endowment grew to $34.9 billion.

    3 minutes
  • Nation & World

    Abby Aldrich Rockefeller Curatorship of Asian Art established

    David Rockefeller has agreed to establish a new Abby Aldrich Rockefeller Curatorship of Asian Art within the Harvard University Art Museums, Thomas W. Lentz, the Elizabeth and John Moors Cabot Director, announced recently.

    3 minutes
  • Nation & World

    $2.5 million endowment fund to honor Sidney Verba

    Friends and colleagues of Sidney Verba, Harvard’s Carl H. Pforzheimer University Professor and director of the University Library, have established a $2.5 million endowment fund in his honor.

    2 minutes
  • Nation & World

    Harvard endowment posts solid positive return

    Harvard University’s endowment earned a 16.7 percent return during the year ending June 30, 2006, bringing the endowment’s overall value to $29.2 billion. The continued strong returns reinforce the endowment’s critical support for Harvard’s academic programs and mission. In the 2006 fiscal year, endowment dollars provided almost a third of Harvard’s operating budget, or over…

    3 minutes
  • Nation & World

    Year of transition sees rethinking, rebuilding

    With change comes opportunity, the adage goes. That old saying has become words to live by at Harvard Management Company (HMC). With a new president and CEO in Mohamed El-Erian, with new heads of five critical areas beneath him, and with new staff in those five areas just starting to filter in, it may be…

    6 minutes