Harvard College Endowment Fund at Harvard University

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Harvard College Endowment Fund. Combined with gifts for current use and harvard’s endowment distribution, philanthropy accounts for 49% of fiscal year 2021 revenue. In fiscal year 2021, distributions from the endowment contributed over one.

Harvard endowment will cut half of its 230 employees The
Harvard endowment will cut half of its 230 employees The from www.bostonglobe.com

· harvard’s showing was an improvement over fiscal 2019, when the fund gained 6.5% in what was a lackluster year for college endowments. Bacow, president of harvard university financial overview. Harvard’s endowment is a dedicated and permanent source of funding that maintains the teaching and research mission of the university.

Harvard endowment will cut half of its 230 employees The

•the endowment’s value was $41.9 billion as of this past june 30, the end of fiscal year 2020—an increase of $1.0 billion (2.4 percent) from $40.9 billion a year earlier. The aea charges are assessed once a year after the treasurer’s distribution has posted, usually by the end of august. The harvard management company returned 33.6 percent on its investments in fiscal year 2021, increasing harvard’s endowment to its unprecedented total of $53.2 billion. Thank you for being a part of the harvard community and for your dedication to its success.