Taeku Lee will join Harvard as the first of four ethnic studies scholars to join the Faculty of Arts and Sciences, the school announced Monday.
The Harvard Kennedy School announced it received a $5 million gift from the James M. and Cathleen D. Stone Foundation to establish a new program that will study wealth inequality on Monday.
Harvard will commence renovations on its historic Weld and Newell Boathouses this year in what is planned to be the most significant update to the buildings since their construction more than a century ago.
The Harvard Graduate School of Education received the largest donation in its 102-year history last week. Provided by two anonymous Harvard Business School alumni, the gift includes a direct $30 million and an offer to match up to $10 million in additional donations.
At Harvard, 2021 was a year marked by change. The school’s long-awaited return to in-person operations injected new life into a campus that had been left dormant for over a year by Covid-19. And in an unexpected shift, the University announced its intention to divest its endowment from fossil fuels after a decade of public pressure. Separately, faculty controversies — including a federal conviction and a high-profile departure — ignited debates that rippled across academia. Below, The Crimson looks back at the 10 stories that shaped the last year at Harvard.
Harvard chief financial officer Thomas J. Hollister said the University’s finances are “moving in the right direction” in a Wednesday interview, though he cautioned that officials remain alert in the ever-changing landscape of the Covid-19 pandemic.
Though the Harvard Management Company reported record-breaking returns last Thursday, several financial experts said it still lags behind the performance of key financial indices and its peer institutions.
Harvard Corporation Senior Fellow Bill Lee Lauds ‘Really Positive’ Fundraising Year Despite Pandemic
Harvard Corporation senior fellow William F. Lee ’72 said in an interview Wednesday that the University expects high fundraising returns by the end of the fiscal year despite challenges posed by the Covid-19 pandemic.
Harvard boasts the largest endowment of any university in the world and supplements its finances with hundreds of millions of dollars in donations annually. Despite the scale of Harvard’s philanthropic efforts, a sizable gender disparity persists among the University’s donors.
Harvard Graduate Council Passes Emergency Resolution on Atlanta Shootings, Memorandum on Harvard Email Access
The Harvard Graduate Council heard a presentation on University finances and approved a memorandum recommending extended access to Harvard email addresses during a public meeting Wednesday evening, which took place just hours after the Council passed an emergency resolution in response to last week’s shootings in Atlanta, Ga.
The first-of-its-kind gift policy guide's listed central priorities include “upholding academic freedom," “adhering to institutional values,” and "avoiding conflicts of interest."
Donors and billionaires Glenn R. Dubin and Leslie H. Wexner departed from a Harvard Kennedy School board last month, foregrounding students’ concerns regarding Harvard’s ties to donors who cultivated relationships with deceased sex offender Jeffrey E. Epstein.
Harvard has reported receiving more than $1.1 billion from sources from 63 foreign nations between Jan. 1, 2013 and July 31, 2019, per Education Department data.
After raising $1.4 billion, Harvard came in second among American universities in total funds raised in the last academic fiscal year.
University President Lawrence S. Bacow said in an interview last week that Harvard’s review of its gift policies is a “more substantial review” than has been previously conducted in light of a simultaneous inquiry into billionaire and convicted sex offender Jeffrey Epstein’s donations to the University.