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Endowment - Harvard University
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</div> <div class="nav-primary__subsec-header"> <strong class="nav-primary__subsec-title"> <a href="https://www.harvard.edu/in-focus/" class="nav-primary__subsec-title-link" rel="bookmark" data-attribute="in-focus" > In Focus <span class="icon icon-arrow-right" aria-hidden="true"></span></a> </strong> <span class="nav-primary__subsec-description"> Explore a curated examination of Harvard's research, scholarly work, and community. Recent topics include: </span> </div> </div> <ol class="nav-primary__child-list nav-primary__child-list--depth-1 "> <li class="nav-primary__item nav-primary__item--depth-1 nav-primary__item--has-children nav-primary__item--sub-mob-vis-true"><button title="Toggle Sub-Menu" data-js="trigger-child-menu" id="menu-item-61466" data-id="61466" data-id-parent="61337" aria-expanded="false" aria-controls="menu-item-child-61466" data-depth="1" data-attribute="food" class="nav-primary__action nav-primary__action--depth-1 nav-primary__action--has-children"><span class="nav-primary__action-text">Food<span class="icon icon-chevron-right" aria-hidden="true"></span></span></button> <div class="nav-primary__child nav-primary__child--depth-2"id="menu-item-child-61466" data-js="child-menu" data-depth="2" aria-labelledby="menu-item-61466" aria-hidden="true"> <div class="nav-primary__subsec nav-primary__subsec--top nav-primary__subsec--has-content nav-primary__subsec--depth-2"> <div class="nav-primary__back nav-primary__back--depth-2"> <button id="menu-item-back-61466" class="nav-primary__back-action nav-primary__back-action--depth-2" title="Return to main menu" data-js="trigger-menu-return" aria-label="Return to main menu" aria-controls="menu-item-child-61466" aria-expanded="true" > <span class="nav-primary__back-action-icon icon icon-chevron-left" aria-hidden="true"></span> In Focus </button> </div> <div class="nav-primary__subsec-header"> <strong class="nav-primary__subsec-title"> Food </strong> <span class="nav-primary__subsec-description"> Food nourishes us, inspires us, and brings us together. The Harvard community is exploring nutrition, sustainability, and the science behind the things we eat. </span> <a href="https://www.harvard.edu/in-focus/food/" class="nav-primary__subsec-cta" rel="bookmark" data-attribute="dig-in" > <span class="icon icon-arrow-right" aria-hidden="true"></span>Dig in </a> </div> </div> <ol class="nav-primary__child-list nav-primary__child-list--depth-2 nav-primary__child-list--layout-content_cards"><li class="nav-primary__item-content_cards-wrapper"><strong class="nav-primary__item--content-card-title" id="content-card-title-61466">What's inside?</strong><ol class="nav-primary__list-content_cards-wrapper" aria-labelledby="content-card-title-61466"> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://news.harvard.edu/gazette/story/2024/09/why-do-we-crave-junk-food-diet-psychology/" data-depth="2" data-attribute="explore-why-we-crave-junk-food" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 56.34765625%;"> <div class="c-image__image lazyload" role="img" aria-label="Nuggets and fries" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2024/11/chicken-nuggets-246180_1280.jpg?w=300 300w 169h, https://www.harvard.edu/wp-content/uploads/2024/11/chicken-nuggets-246180_1280.jpg?w=600 600w 338h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> Explore why we crave junk food </span> </strong> </a></li> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://pll.harvard.edu/catalog?keywords=cooking" data-depth="2" data-attribute="learn-the-chemistry-and-physics-of-cooking" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 56.22641509434%;"> <div class="c-image__image lazyload" role="img" aria-label="A jar with a sourdough starter in front of some wheat" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2024/11/Fermentation_Image-1.jpeg?w=300 300w 169h, https://www.harvard.edu/wp-content/uploads/2024/11/Fermentation_Image-1.jpeg?w=530 530w 298h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> Learn the chemistry and physics of cooking </span> </strong> </a></li> </ol></li></ol> </div> </li> <li class="nav-primary__item nav-primary__item--depth-1 nav-primary__item--has-children nav-primary__item--sub-mob-vis-true"><button title="Toggle Sub-Menu" data-js="trigger-child-menu" id="menu-item-61280" data-id="61280" data-id-parent="61337" aria-expanded="false" aria-controls="menu-item-child-61280" data-depth="1" data-attribute="the-enhanced-body" class="nav-primary__action nav-primary__action--depth-1 nav-primary__action--has-children"><span class="nav-primary__action-text">The Enhanced Body<span class="icon icon-chevron-right" aria-hidden="true"></span></span></button> <div class="nav-primary__child nav-primary__child--depth-2"id="menu-item-child-61280" data-js="child-menu" data-depth="2" aria-labelledby="menu-item-61280" aria-hidden="true"> <div class="nav-primary__subsec nav-primary__subsec--top nav-primary__subsec--has-content nav-primary__subsec--depth-2"> <div class="nav-primary__back nav-primary__back--depth-2"> <button id="menu-item-back-61280" class="nav-primary__back-action nav-primary__back-action--depth-2" title="Return to main menu" data-js="trigger-menu-return" aria-label="Return to main menu" aria-controls="menu-item-child-61280" aria-expanded="true" > <span class="nav-primary__back-action-icon icon icon-chevron-left" aria-hidden="true"></span> In Focus </button> </div> <div class="nav-primary__subsec-header"> <strong class="nav-primary__subsec-title"> The Enhanced Body </strong> <span class="nav-primary__subsec-description"> From glasses and hearing aids to responsive prosthetics and 3D-printed organs, assistive body augmentations have changed the way we live. </span> <a href="https://www.harvard.edu/in-focus/prosthetics/" class="nav-primary__subsec-cta" rel="bookmark" data-attribute="explore-the-advancements" > <span class="icon icon-arrow-right" aria-hidden="true"></span>Explore the advancements </a> </div> </div> <ol class="nav-primary__child-list nav-primary__child-list--depth-2 nav-primary__child-list--layout-content_cards"><li class="nav-primary__item-content_cards-wrapper"><ol class="nav-primary__list-content_cards-wrapper" aria-labelledby="content-card-title-61280"> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://news.harvard.edu/gazette/story/2024/10/daniel-buser-honored-at-harvard-school-of-dental-medicine/" data-depth="2" data-attribute="the-progress-of-dental-implants" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 65.72265625%;"> <div class="c-image__image lazyload" role="img" aria-label="A close-up of a dental implant" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2024/10/dental-implants.jpg?w=300 300w 197h, https://www.harvard.edu/wp-content/uploads/2024/10/dental-implants.jpg?w=600 600w 394h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> The progress of dental implants </span> </strong> </a></li> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://gsas.harvard.edu/news/walk-robot" data-depth="2" data-attribute="the-innovation-of-wearable-robotics" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 66.69921875%;"> <div class="c-image__image lazyload" role="img" aria-label="A diagram of how a wearable robot works" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2024/11/Wearable-robotics.jpg?w=300 300w 200h, https://www.harvard.edu/wp-content/uploads/2024/11/Wearable-robotics.jpg?w=600 600w 400h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> The innovation of wearable robotics </span> </strong> </a></li> </ol></li></ol> </div> </li> <li class="nav-primary__item nav-primary__item--depth-1 nav-primary__item--has-children nav-primary__item--sub-mob-vis-true"><button title="Toggle 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aria-controls="menu-item-child-61167" aria-expanded="true" > <span class="nav-primary__back-action-icon icon icon-chevron-left" aria-hidden="true"></span> In Focus </button> </div> <div class="nav-primary__subsec-header"> <strong class="nav-primary__subsec-title"> Tradition of Service </strong> <span class="nav-primary__subsec-description"> Harvard celebrates the long, proud legacy of students and alumni who answer the call to military service. </span> <a href="https://www.harvard.edu/in-focus/veterans/" class="nav-primary__subsec-cta" rel="bookmark" data-attribute="explore-harvards-military-legacy" > <span class="icon icon-arrow-right" aria-hidden="true"></span>Explore Harvard's military legacy </a> </div> </div> <ol class="nav-primary__child-list nav-primary__child-list--depth-2 nav-primary__child-list--layout-content_cards"><li class="nav-primary__item-content_cards-wrapper"><strong class="nav-primary__item--content-card-title" id="content-card-title-61167">What's inside</strong><ol class="nav-primary__list-content_cards-wrapper" aria-labelledby="content-card-title-61167"> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://news.harvard.edu/gazette/story/series/harvard-and-the-military/" data-depth="2" data-attribute="harvard-and-the-military" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 66.6%;"> <div class="c-image__image lazyload" role="img" aria-label="Three people being sworn into the military" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2023/05/052423_ROTC_KS_621-e1730139618386.jpeg?w=300 300w 200h, https://www.harvard.edu/wp-content/uploads/2023/05/052423_ROTC_KS_621-e1730139618386.jpeg?w=500 500w 333h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> Harvard and the military </span> </strong> </a></li> <li class="nav-primary__item nav-primary__item--depth-2 nav-primary__item--layout-content_cards"><a href="https://news.harvard.edu/gazette/story/2024/11/number-of-armed-services-veterans-at-harvard-on-the-rise/" data-depth="2" data-attribute="the-long-crimson-line" class="nav-primary__action nav-primary__action--depth-2"> <figure class="nav-primary__item-image c-image" style="padding-top: 66.69921875%;"> <div class="c-image__image lazyload" role="img" aria-label="A student veteran wearing a "Harvard" sweatshirt looks up at names on the walls of Memorial Church" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2024/11/102524_Alexandria_Durrant_11.jpg?w=300 300w 200h, https://www.harvard.edu/wp-content/uploads/2024/11/102524_Alexandria_Durrant_11.jpg?w=600 600w 400h" style="background-image:url('');"></div> </figure> <strong class="nav-primary__item-title"> <span class="nav-primary__item-title-text"> The long Crimson line </span> </strong> </a></li> </ol></li></ol> </div> </li> </ol></div> </li> <li class="nav-primary__item nav-primary__item--depth-0 nav-primary__item--has-children"><button title="Toggle Sub-Menu" data-js="trigger-child-menu" id="menu-item-5404" data-id="5404" data-id-parent="0" aria-expanded="false" aria-controls="menu-item-child-5404" data-bgd-image-id="0-5404-0" data-depth="0" data-attribute="visit" class="nav-primary__action nav-primary__action--depth-0 nav-primary__action--has-children"><span class="nav-primary__action-text">Visit</span></button> <div class="nav-primary__child nav-primary__child--depth-1"id="menu-item-child-5404" data-js="child-menu" data-depth="1" aria-labelledby="menu-item-5404" aria-hidden="true"> <div class="nav-primary__subsec nav-primary__subsec--top nav-primary__subsec--has-content nav-primary__subsec--depth-1"> <div class="nav-primary__back nav-primary__back--depth-1"> <button 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aria-controls="menu-item-child-9083" aria-expanded="true" > <span class="nav-primary__back-action-icon icon icon-chevron-left" aria-hidden="true"></span> About </button> </div> <div class="nav-primary__subsec-header"> <strong class="nav-primary__subsec-title"> <a href="https://www.harvard.edu/about/" class="nav-primary__subsec-title-link" rel="bookmark" data-attribute="about-harvard" > About Harvard <span class="icon icon-arrow-right" aria-hidden="true"></span></a> </strong> <span class="nav-primary__subsec-description"> Learn how Harvard is structured, explore our long history, and discover our extended community. </span> </div> </div> <ol class="nav-primary__child-list nav-primary__child-list--depth-1 "> <li class="nav-primary__item nav-primary__item--depth-1 nav-primary__item--has-children nav-primary__item--sub-mob-vis-true"><button title="Toggle Sub-Menu" data-js="trigger-child-menu" id="menu-item-26766" data-id="26766" data-id-parent="9083" aria-expanded="false" 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class="secondary-nav__more-button" data-js="more-button" aria-expanded="false"> More </button> <div class="secondary-nav__more-wrap" data-js="nav-more-wrap"> <ul class="secondary-nav__more-list" data-js="nav-more-list"></ul> </div> </div> </div> </nav> </div> </div> <div class="s-sink t-sink l-sink"> <section class=" c-block b-media-text c-block--layout-right c-block--width-grid content-vertical" > <div class="b-media-text__container l-container"> <div class="b-media-text__media"> <div class="b-media-text__img-wrap"> <figure class="c-image" > <img decoding="async" class="c-image__image lazyload" alt="Group of students sitting on a circle on a tree-lined green campus" data-expand="200" data-parent-fit="width" data-src="https://www.harvard.edu/wp-content/uploads/2021/01/110317_Features_KS_048-e1675193627846.jpeg?w=768&h=576&crop=1" srcset="https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/four-three.png" data-sizes="(min-width: 1260px) 1260px, 100vw" data-srcset="https://www.harvard.edu/wp-content/uploads/2021/01/110317_Features_KS_048-e1675193627846.jpeg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2021/01/110317_Features_KS_048-e1675193627846.jpeg?w=768&h=576&crop=1 768w 576h, https://www.harvard.edu/wp-content/uploads/2021/01/110317_Features_KS_048-e1675193627846.jpeg?w=1000&h=666&crop=1 1000w 666h" src="https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/four-three.png" /> </figure> </div> </div> <div class="b-media-text__content"> <div class="c-block__content-block c-block__header b-media-text__content-container c-content-block c-content-block--layout-left" > <h2 class="c-block__title b-media-text__title h3 c-content-block__title" > About the endowment</h2> <div class="c-content-block__content-wrap"> <div class="c-block__description b-media-text__text t-sink s-sink c-content-block__content"> <p>Harvard is funded, in part, by an endowment. The endowment includes thousands of philanthropic gifts donated since Harvard’s early history, many of which were given to support specific aspects of Harvard’s teaching and research work. Together, these gifts form a permanent source of funding that connects scholars and learners from many diverse backgrounds with opportunities at Harvard, now and into the future.</p> </div> <p class="c-content-block__cta"> <a class="c-block__cta-link a-btn a-btn-secondary a-btn--arrow-right c-content-block__cta-link" href="https://finance.harvard.edu/endowment%20" aria-label="Learn about Harvard's endowment"> <span class="a-btn__text"> Learn about Harvard’s endowment </span> </a> </p> </div> </div> </div> </div> </section> <section class=" c-block b-interstitial" > <div class="l-container"> <div class="b-interstitial__content"> <div class="c-block__content-block c-block__header b-interstitial__content-container c-content-block c-content-block--layout-" > <div class="c-content-block__content-wrap"> </div> </div> </div> <div class="b-interstitial__wrap"> <div class="b-interstitial__container"> <div class="b-interstitial__media b-interstitial__media-overlay--dark"> <div class="b-interstitial__figure c-image--bg c-image" > <div class="b-interstitial__img b-interstitial__img--desktop c-image__image lazyload" role="img" aria-label="Two people dancing" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2021/01/121819_MFA_dance_1180.jpeg?w=864 864w 576h, https://www.harvard.edu/wp-content/uploads/2021/01/121819_MFA_dance_1180.jpeg?w=864 864w 576h" style="background-image:url('');"></div> </div> </div> <div class="b-interstitial__content"> <div class="c-block__featured_content-block c-block__featured_header b-interstitial__featured_content-container t-theme--light c-content-block c-content-block--layout-" > <h3 class="c-block__title b-interstitial__feature-title h3 c-content-block__title" > Endowment at work</h3> <div class="c-content-block__content-wrap"> <div class="c-block__description b-interstitial__feature-text t-sink s-sink c-content-block__content"> <p><span style="font-weight: 400;">Our endowment supports many aspects of our work, from student financial aid to neighborhood programs, from museum and library preservation to campus activities, from faculty and fellow positions to scientific advancement.</span></p> </div> <p class="c-content-block__cta"> <a class="c-block__cta-link a-btn a-btn-secondary a-btn--arrow-right c-content-block__cta-link" href="https://www.hmc.harvard.edu/hmc-harvard/" aria-label="Read more about what our endowment makes possible"> <span class="a-btn__text"> Read more about what our endowment makes possible </span> </a> </p> </div> </div> </div> </div> </div> </div> </section> <section class=" c-block b-stats b-stats--layout-vertical" data-stats-count="5"> <div class="b-stats__container l-container"> <div class="b-stats__header-container"> <header class="c-block__content-block c-block__header b-stats__header c-content-block c-content-block--layout-layout" > <h2 class="c-block__title b-stats__title h3 c-content-block__title" > A future trust</h2> <div class="c-content-block__content-wrap"> <div class="c-block__description b-stats__description t-sink s-sink c-content-block__content"> <p>Harvard’s endowment has existed for nearly four centuries and belongs to current and future generations of Harvard students, faculty, and researchers. It supports almost every aspect of the University’s work.</p> </div> <p class="c-content-block__cta"> <a class="c-block__cta-link a-btn a-btn-secondary a-btn--arrow-right c-content-block__cta-link" href="https://finance.harvard.edu/annual-report" aria-label="Read Harvard's 2024 Annual Financial Report"> <span class="a-btn__text"> Read Harvard’s 2024 Annual Financial Report </span> </a> </p> </div> </header> <div class="b-stats__figure c-image" > <img decoding="async" class="b-stats__img c-image__image lazyload" alt="Three young women walking up the stairs, indoors, of a spacious white marble building." data-expand="200" data-parent-fit="width" data-src="https://www.harvard.edu/wp-content/uploads/2021/01/080918_features_5212-e1675193732899.jpeg?w=1200" srcset="https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/core-full.png" data-sizes="(min-width: 1260px) 1260px, 100vw" data-srcset="https://www.harvard.edu/wp-content/uploads/2021/01/080918_features_5212-e1675193732899.jpeg?w=1200 1200w 799h, https://www.harvard.edu/wp-content/uploads/2021/01/080918_features_5212-e1675193732899.jpeg?w=1152 1152w 767h" src="https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/core-full.png" /> </div> </div> <div class="b-stats__content"> <ul class="b-stats__list"> <li class="b-stats__list-item"> <div class="c-statistic" > <div class="c-statistic__value" > $6.4 billion</div> <div class="c-statistic__label t-sink" > <p>the University’s annual operating expenses in the 2024 fiscal year.</p> </div> </div> </li> <li class="b-stats__list-item"> <div class="c-statistic" > <div class="c-statistic__value" > 14,600</div> <div class="c-statistic__label t-sink" > <p>different funds make up Harvard’s endowment.</p> </div> </div> </li> <li class="b-stats__list-item"> <div class="c-statistic" > <div class="c-statistic__value" > $749 million</div> <div class="c-statistic__label t-sink" > <p>granted in financial aid and scholarships in the 2024 fiscal year.</p> </div> </div> </li> <li class="b-stats__list-item"> <div class="c-statistic" > <div class="c-statistic__value" > 70%</div> <div class="c-statistic__label t-sink" > <p>of the endowment’s annual distribution is donor directed to specific programs, departments, or purposes.</p> </div> </div> </li> <li class="b-stats__list-item"> <div class="c-statistic" > <div class="c-statistic__value" > $53.2 billion</div> <div class="c-statistic__label t-sink" > <p>the size of Harvard University’s endowment in the 2024 fiscal year.</p> </div> </div> </li> </ul> </div> </div> </section> <div class="c-block b-spacer all-screens" ></div> <section class="c-block--remove-bottom-padding c-block b-accordion"> <div class="b-accordion__container l-container"> <header class="c-block__content-block c-block__header b-accordion__header c-content-block c-content-block--layout-left" > <h2 class="c-block__title b-accordion__title h3 c-content-block__title" > Endowment FAQs</h2> <div class="c-content-block__content-wrap"> </div> </header> <div class="b-accordion__content"> <div class="c-accordion" id="accordion-group-6741c6a4ed1ac" data-js="c-accordion"> <div class="c-accordion__row"> <h3> <button class="c-accordion__header" aria-controls="accordion-content-6741c6a4ed1c1" id="accordion-header-6741c6a4ed1c2" aria-expanded="false"> <span class="c-accordion__header-container"> What is an endowment? </span> </button> </h3> <div class="c-accordion__content" id="accordion-content-6741c6a4ed1c1" aria-labelledby="accordion-header-6741c6a4ed1c2" hidden="true" aria-hidden="true" role="region"> <div class="c-accordion__content-container t-sink s-sink" data-depth="0" data-autop="true"> <div class="b-accordion__inner-content t-sink s-sink no-image"> <p>An endowment is a dedicated source of long-term funding, made up of donated gifts, that supports the mission and work of a philanthropic organization like a university. Each year, a portion of the endowment is paid out as an annual distribution to fund the organization’s work. Any appreciation in excess of this annual distribution is retained in the endowment so it can grow and support future generations.</p> <p>Harvard’s endowment is nearly as old as the University itself. In 1638, minister John Harvard of Charlestown died and left his library and half his estate to the recently established institution of higher learning that would become Harvard University. Since then, many more donors have contributed generously to Harvard’s endowment.</p> <p>The endowment’s annual distributions are a critical source of funding for the University, making up more than a third of Harvard’s revenue each year, the largest single revenue stream. In this way, the endowment bridges the gap between revenue that is brought in from tuition and research grants, and the critical costs associated with the University’s teaching and research activities. To learn more about sources of operating revenue, please visit our <a href="https://finance.harvard.edu/financial-overview">Financial Overview page</a>.</span></p> </div> </div> </div> </div> <div class="c-accordion__row"> <h3> <button class="c-accordion__header" aria-controls="accordion-content-6741c6a4ed1c3" id="accordion-header-6741c6a4ed1c4" aria-expanded="false"> <span class="c-accordion__header-container"> Why is an endowment important? </span> </button> </h3> <div class="c-accordion__content" id="accordion-content-6741c6a4ed1c3" aria-labelledby="accordion-header-6741c6a4ed1c4" hidden="true" aria-hidden="true" role="region"> <div class="c-accordion__content-container t-sink s-sink" data-depth="0" data-autop="true"> <div class="b-accordion__inner-content t-sink s-sink no-image"> <p>Many endowments, including Harvard’s, are structured to exist in perpetuity, meaning that the institution must continue to rely on the endowment’s earnings forever. </p> <p>Because of this, our endowment is not only for today’s generation, but is for all future generations of Harvard students and scholars. Guided by this principle of intergenerational equity, Harvard’s endowment is carefully managed in order to ensure that future generations will enjoy its benefits just as much as the current one.</p> </div> </div> </div> </div> <div class="c-accordion__row"> <h3> <button class="c-accordion__header" aria-controls="accordion-content-6741c6a4ed1c5" id="accordion-header-6741c6a4ed1c6" aria-expanded="false"> <span class="c-accordion__header-container"> What does Harvard’s endowment support? </span> </button> </h3> <div class="c-accordion__content" id="accordion-content-6741c6a4ed1c5" aria-labelledby="accordion-header-6741c6a4ed1c6" hidden="true" aria-hidden="true" role="region"> <div class="c-accordion__content-container t-sink s-sink" data-depth="0" data-autop="true"> <div class="b-accordion__inner-content t-sink s-sink no-image"> <p>Harvard’s endowment is crucial to our excellence in teaching, learning, and research, as well as the University’s purpose-driven initiatives and partnerships on campus, in our neighboring communities, and all over the world.</p> <p>Connected to a long tradition of philanthropy, the endowment supports an incredible range of activities and work, including student aid, faculty positions, groundbreaking research, the arts, community programs, and much more. The endowment’s support for operations enabled Harvard to grant $749 million in financial aid and scholarships in the 2024 fiscal year alone.</p> </div> </div> </div> </div> <div class="c-accordion__row"> <h3> <button class="c-accordion__header" aria-controls="accordion-content-6741c6a4ed1c7" id="accordion-header-6741c6a4ed1c8" aria-expanded="false"> <span class="c-accordion__header-container"> Are there constraints on endowment funds? </span> </button> </h3> <div class="c-accordion__content" id="accordion-content-6741c6a4ed1c7" aria-labelledby="accordion-header-6741c6a4ed1c8" hidden="true" aria-hidden="true" role="region"> <div class="c-accordion__content-container t-sink s-sink" data-depth="0" data-autop="true"> <div class="b-accordion__inner-content t-sink s-sink no-image"> <p>Harvard’s endowment is made up of approximately 14,600 individual funds, the majority of which are “restricted.” This means that donors have specified that their gift must support a particular aspect of the University’s work, from specific scientific research to named professorships and dedicated scholarships. These philanthropic gifts are critical to many areas of our work, each with a unique person and story behind it.</p> </div> </div> </div> </div> </div> </div> </div> </section> <div class="wp-block-group t-sink l-sink s-sink alignfull s-tink c-block--remove-padding"><div class="wp-block-group__inner-container is-layout-flow wp-block-group-is-layout-flow"><div class="c-video__wrap alignwide"> <div class="c-video__block"> <div class="c-video--lazy c-video c-video--trigger-bottom" data-js="c-video" data-embed-id="_JrQVp6kdgg" data-embed-provider="YouTube" data-embed-title="About the Harvard endowment" > <div class="c-video__wrapper"> <img class="c-video__thumbnail lazyload" src="https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/16x9.png" data-src="https://i.ytimg.com/vi/_JrQVp6kdgg/maxresdefault.jpg" role="presentation" alt="" /> <div class="c-video__trigger-action"> <span class="c-video__trigger-icon icon-play" aria-hidden="true"></span> <span id="v-6741c6a4ed9d9-title" class="c-video__trigger-label"> About the Harvard endowment </span> </div> </div> <a id="v-6741c6a4ed9d9-link" href="https://youtu.be/_JrQVp6kdgg" class="c-video__trigger" data-js="c-video-trigger" target="_blank" rel="noopener" aria-labelledby="v-6741c6a4ed9d9-title" aria-describedby="v-6741c6a4ed9d9-link" >Click to Play Video</a> </div> </div> </div> <p></p> </div></div> <div class="c-block b-spacer all-screens reduce-spacing" ></div> <section class=" c-block b-hero no-caption no-featured-story an-no-animate" > <div class="b-hero__container l-container"> <div class="b-hero__media b-hero__media-overlay--dark"> <div class="b-hero__figure c-image--bg c-image" > <div class="b-hero__img c-image__image lazyload" role="img" aria-label="A green garden in front of a modern building" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2021/01/071219_Rain_Garden_0112.jpeg?w=1348 1348w 899h, https://www.harvard.edu/wp-content/uploads/2021/01/071219_Rain_Garden_0112.jpeg?w=1152 1152w 768h" style="background-image:url('https://www.harvard.edu/wp-content/themes/core/assets/img/theme/shims/core-full.png');"></div> </div> </div> <div class="b-hero__content"> <header class="c-block__content-block c-block__header b-hero__content-container c-content-block c-content-block--layout-center" > <h2 class="c-block__title b-hero__title b-hero__title--sm c-content-block__title" > “Harvard’s endowment should be a leader in shaping pathways to a sustainable future. It will require us to work with experts in economics and finance, investment managers, and other willing partners to develop tools to monitor the carbon footprint associated with Harvard’s varied portfolio of externally managed investments.”</h2> <p class="c-block__underline b-hero__underline c-content-block__underline" > Lawrence Bacow, president <em>emeritus</em> of Harvard University</p> <div class="c-content-block__content-wrap"> <p class="c-content-block__cta"> <a class="c-block__cta-link a-btn a-btn-primary a-btn--arrow-right c-content-block__cta-link" href="https://sustainable.harvard.edu/" aria-label="Learn about Harvard's action on climate change"> <span class="a-btn__text"> Learn about Harvard’s action on climate change </span> </a> </p> </div> </header> </div> <div class="b-hero__bottom-line"></div> </div> </section> <section class=" c-block b-header t-theme--light hide-border"> <div class="l-container b-header__container"> <header class="c-block__content-block c-block__header b-header__header c-content-block c-content-block--layout-left" > <h2 class="c-block__title b-header__title h3 c-content-block__title" > Centuries of giving hard at work</h2> <div class="c-content-block__content-wrap"> <div class="c-block__description b-header__description t-sink s-sink c-content-block__content"> <p>Our endowment belongs to current and future generations of students and scholars whose curiosity and leadership are shaping our world. These stories are just a few examples of how endowed gifts support their work.</p> </div> </div> </header> <hr class="b-header__border" /> </div> </section> <section class=" c-block b-featured-stories t-theme--light"> <div class="b-featured-stories__container"> <div class="c-content-block c-content-block--layout-left" > <div class="c-content-block__content-wrap"> </div> </div> <div class="b-featured-stories__slider c-slider c-slider__main--has-arrows"> <div class="c-slider--carousel-pull-right__wrap c-slider__main swiper-container" data-swiper-options="{ "speed": 300, "loop": false, "autoHeight": true, "slidesPerView":"auto","centeredSlides":"true","a11y":"true","keyboard":"true","grabCursor":"true","pagination":{"el":".swiper-pagination","type":"fraction"}, "breakpoints": { "960": { "speed": 700 } } }" data-js="c-slider"> <div class="c-slider__wrapper swiper-wrapper"> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/100418_Inaug_prelude_317-scaled-e1675193862594.jpg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > ArtLab</h3> <div class="b-featured-stories__slide-desc t-sink" > During her 2021 residency at this hub of innovation and creativity, Harvard music professor and Grammy Award–winning artist Esperanza Spalding brings together musicians and medical researchers to explore music as a tool for healing. </div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://artlab.harvard.edu/home"> <span class="a-btn__text"> Explore the ArtLab </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/112018_ethics_3588_2500-2048x1366-1-e1650914483583.jpeg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Embedded EthiCS</h3> <div class="b-featured-stories__slide-desc t-sink" > “We want to send the message that ethical reasoning is part of what you do as a computer scientist,” says Alison Simmons, one of the faculty members leading the project to bring philosophers and computer scientists together.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://news.harvard.edu/gazette/story/2019/01/harvard-works-to-embed-ethics-in-computer-science-curriculum/"> <span class="a-btn__text"> Learn more about Embedded EthiCS </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/alternative-21761_1920-e1650914512917.jpg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Climate Change Solutions Fund</h3> <div class="b-featured-stories__slide-desc t-sink" > A new approach to removing atmospheric carbon dioxide. A digital platform to expand access to data on the health impacts of climate change. High-efficiency air conditioning systems that cool indoor spaces without heating the world. These are just a few examples of recent projects supported by this fund.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://vpr.harvard.edu/climate-change-solutions-fund/"> <span class="a-btn__text"> Explore the fund </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/1629490526938-e1650914828548.jpeg?w=400&h=377&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Financial aid</h3> <div class="b-featured-stories__slide-desc t-sink" > In 2013, David Velasquez became the first person in his family to attend college. In 2024, he will become the first person ever to graduate from Harvard Medical School, Harvard Business School, and Harvard Kennedy School. Through the generosity of donors, financial aid and scholarships make it possible for extraordinary students like Velasquez to attend Harvard en route to becoming innovators in their fields and leaders in their communities.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://college.harvard.edu/financial-aid"> <span class="a-btn__text"> Explore Harvard College's financial aid </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/082318_Fernandez_Teresita_177-2048x1366-1-e1650914565828.jpeg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Johnson-Kulukundis Family President’s Fund for the Arts</h3> <div class="b-featured-stories__slide-desc t-sink" > This fund is instrumental in cultivating artistic growth and supporting wide-ranging artistic experiences—from public art like Teresita Fernández’s Autumn (…Nothing Personal) to dance residencies to symposia to multifaceted website archival projects.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://news.harvard.edu/gazette/story/2018/08/installation-sets-harvard-yard-aglow/"> <span class="a-btn__text"> Learn more about the art installation </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/Birds-eye-view-1536x1024-1-e1650914600986.jpeg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Bloomberg Center for Cities</h3> <div class="b-featured-stories__slide-desc t-sink" > This newly endowed center will strengthen the capabilities of mayors and their teams, advance effective organizational practices in city halls around the world, support a new generation of public servants, and produce new research and instructional materials that will help city leaders.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://news.harvard.edu/gazette/story/2021/03/bloomberg-philanthropies-harvard-create-new-bloomberg-center-for-cities/"> <span class="a-btn__text"> Read more about the center </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/Class-Zoom-Photo2500-1-1536x1024two-e1650914627798.jpg?w=624&h=599&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Mindich Program</h3> <div class="b-featured-stories__slide-desc t-sink" > By integrating academics with community engagement and public service this program has assisted students like Nhu Dang ’21, who was inspired to serve her local community by volunteering at First Fruits Farm, where she harvested food for distribution to pantries and homeless shelters across Maryland.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://publicservice.fas.harvard.edu/about"> <span class="a-btn__text"> Learn more about the program </span> </a> </div></div> </div> <div class="c-slider--carousel-pull-right__slide c-slider__slide swiper-slide"> <div class="b-featured-stories__wrapper"><div class="b-featured-stories__img"> <figure class=" c-image" > <img decoding="async" class=" c-image__image" alt="" src="https://www.harvard.edu/wp-content/uploads/2021/09/021017_Data_162.JPG_H_2500-1536x1024-1-e1650914786440.jpg?w=624&h=624&crop=1" /> </figure> </div><div class="b-featured-stories__slide-content t-sink s-sink"> <h3 class="b-featured-stories__slide-title" > Star-Friedman Challenge</h3> <div class="b-featured-stories__slide-desc t-sink" > By providing seed funding for high-risk, high-impact work in the life, physical, and social sciences this program can support research by people like recent award recipient Francesca Dominici, who led a team that uncovered a link between exposure to air pollution and COVID-19 deaths.</div> <a class="b-featured-stories__slide-cta a-btn a-btn-secondary a-btn--arrow-right " data-js="b-featured-stories-cta" href="https://news.harvard.edu/gazette/story/2021/02/star-friedman-challenge-offers-support-for-high-impact-research/"> <span class="a-btn__text"> Learn more about the challenge </span> </a> </div></div> </div> </div> </div> <div class="c-slider__arrows"> <div class="c-slider__button c-slider__button--prev swiper-button-prev" data-swiper-direction="prev"></div> <div class="c-slider__button c-slider__button--next swiper-button-next" data-swiper-direction="next"></div> </div> </div> </div> </section> <section class=" c-block b-interstitial" > <div class="l-container"> <div class="b-interstitial__content"> <div class="c-block__content-block c-block__header b-interstitial__content-container c-content-block c-content-block--layout-" > <div class="c-content-block__content-wrap"> </div> </div> </div> <div class="b-interstitial__wrap"> <div class="b-interstitial__container"> <div class="b-interstitial__media b-interstitial__media-overlay--soft"> <div class="b-interstitial__figure c-image--bg c-image" > <div class="b-interstitial__img b-interstitial__img--desktop c-image__image lazyload" role="img" aria-label="A boathouse on the edge of the river, with a boat in the water" data-expand="200" data-sizes="(min-width: 1260px) 1260px, 100vw" data-bgset="https://www.harvard.edu/wp-content/uploads/2021/01/102220_Rittase_Weld_Boathouse.jpeg?w=2000 2000w 1614h, https://www.harvard.edu/wp-content/uploads/2021/01/102220_Rittase_Weld_Boathouse.jpeg?w=1152 1152w 930h" style="background-image:url('');"></div> </div> </div> <div class="b-interstitial__content"> <div class="c-block__featured_content-block c-block__featured_header b-interstitial__featured_content-container t-theme--light c-content-block c-content-block--layout-" > <h3 class="c-block__title b-interstitial__feature-title h3 c-content-block__title" > Give to Harvard</h3> <div class="c-content-block__content-wrap"> <div class="c-block__description b-interstitial__feature-text t-sink s-sink c-content-block__content"> <p>Whether you’re interested in supporting our academic programs, our library and museum collections, our climate change action, or other aspects of our mission—your gift matters. Help strengthen and support Harvard’s work now and in the future.</p> </div> <p class="c-content-block__cta"> <a class="c-block__cta-link a-btn a-btn-secondary a-btn--arrow-right c-content-block__cta-link" href="https://alumni.harvard.edu/giving/givenow" aria-label="Give now"> <span class="a-btn__text"> Give now </span> </a> </p> </div> </div> </div> </div> </div> </div> </section> <section class=" c-block b-news" > <div class="b-news__container l-container"> <header class="c-block__content-block c-block__header b-news__header c-content-block c-content-block--layout-left" > <h2 class="c-block__title b-news__title h3 c-content-block__title" > Endowment news</h2> <div class="c-content-block__content-wrap"> </div> </header> <div class="b-news__wrap"> <div class="b-news__left"> <div class="b-news__first"> <figure class="b-news__first-img main-image c-image" > <img decoding="async" class="c-image__image" alt="Memorial hall" src="https://www.harvard.edu/wp-content/uploads/2024/10/100824_Features_GD_069.jpeg?w=736&h=491&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/100824_Features_GD_069.jpeg?w=736&h=491&crop=1 736w 491h, https://www.harvard.edu/wp-content/uploads/2024/10/100824_Features_GD_069.jpeg?w=736&h=491&crop=1 736w 491h" /> </figure> <h3 id="p-6741c6a5000da-title" class="h3 b-news__first-title"> <span>Harvard cites careful planning and stewardship for the endowment performance</span> </h3> <a class="b-news__first-cta is-target-link" id="p-6741c6a5000da-link" aria-labelledby="p-6741c6a5000da-title" aria-describedby="p-6741c6a5000da-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/2024/10/university-cites-careful-planning-stewardship-for-solid-financial-position-endowment-performance/"> Harvard cites careful planning and stewardship for the endowment performance </a> </div> </div> <div class="b-news__right"> <div class="b-news__side-wrap"> <div class="b-news__side-content"> <h3 id="p-6741c6a50069e-title" class="b-news__side-title"> <span>Anne Radcliffe's gift launched four centuries of Harvard financial aid</span> </h3> </div> <figure class="b-news__side-img side-img c-image" > <img decoding="async" class="c-image__image" alt="A parchment dated May 9, 1643, noting Anne Radcliffe’s donation" src="https://www.harvard.edu/wp-content/uploads/2024/10/Mowlson-bequest-document.jpg?w=375&h=281&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/Mowlson-bequest-document.jpg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2024/10/Mowlson-bequest-document.jpg?w=375&h=281&crop=1 375w 281h" /> </figure> <a class="b-news__side-cta is-target-link" id="p-6741c6a50069e-link" aria-labelledby="p-6741c6a50069e-title" aria-describedby="p-6741c6a50069e-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/2024/08/her-gift-launched-four-centuries-of-harvard-financial-aid-scholarship-radcliffe-mowlson/"> Anne Radcliffe's gift launched four centuries of Harvard financial aid </a> </div> <div class="b-news__side-wrap"> <div class="b-news__side-content"> <h3 id="p-6741c6a500ac7-title" class="b-news__side-title"> <span>Timothy Barakett to chair HMC Board of Directors</span> </h3> </div> <figure class="b-news__side-img side-img c-image" > <img decoding="async" class="c-image__image" alt="Tim Barakett" src="https://www.harvard.edu/wp-content/uploads/2024/10/Tim-Barakett-2-1500x1000-1.jpg?w=375&h=281&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/Tim-Barakett-2-1500x1000-1.jpg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2024/10/Tim-Barakett-2-1500x1000-1.jpg?w=375&h=281&crop=1 375w 281h" /> </figure> <a class="b-news__side-cta is-target-link" id="p-6741c6a500ac7-link" aria-labelledby="p-6741c6a500ac7-title" aria-describedby="p-6741c6a500ac7-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/newsplus/barakett-to-chair-hmc-board-of-directors/"> Timothy Barakett to chair HMC Board of Directors </a> </div> <div class="b-news__side-wrap"> <div class="b-news__side-content"> <h3 id="p-6741c6a500f44-title" class="b-news__side-title"> <span>The Fromm family’s longtime commitment to inclusion inspires a fund to build community through music</span> </h3> </div> <figure class="b-news__side-img side-img c-image" > <img decoding="async" class="c-image__image" alt="A group of choir singers" src="https://www.harvard.edu/wp-content/uploads/2024/10/Fromm.jpg?w=375&h=281&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/Fromm.jpg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2024/10/Fromm.jpg?w=375&h=281&crop=1 375w 281h" /> </figure> <a class="b-news__side-cta is-target-link" id="p-6741c6a500f44-link" aria-labelledby="p-6741c6a500f44-title" aria-describedby="p-6741c6a500f44-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/newsplus/a-familys-longtime-commitment-to-inclusion-inspires-a-fund-to-build-community-through-music/"> The Fromm family’s longtime commitment to inclusion inspires a fund to build community through music </a> </div> <div class="b-news__side-wrap"> <div class="b-news__side-content"> <h3 id="p-6741c6a50131e-title" class="b-news__side-title"> <span>Friends and colleagues share fond memories of D. Ronald Daniel, former Harvard treasurer</span> </h3> </div> <figure class="b-news__side-img side-img c-image" > <img decoding="async" class="c-image__image" alt="D. Ronald Daniel" src="https://www.harvard.edu/wp-content/uploads/2024/10/060905_Com_SM_33.jpeg?w=375&h=281&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/060905_Com_SM_33.jpeg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2024/10/060905_Com_SM_33.jpeg?w=375&h=281&crop=1 375w 281h" /> </figure> <a class="b-news__side-cta is-target-link" id="p-6741c6a50131e-link" aria-labelledby="p-6741c6a50131e-title" aria-describedby="p-6741c6a50131e-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/2024/01/the-ideal-candidate-who-didnt-get-away/"> Friends and colleagues share fond memories of D. Ronald Daniel, former Harvard treasurer </a> </div> <div class="b-news__side-wrap"> <div class="b-news__side-content"> <h3 id="p-6741c6a5016fe-title" class="b-news__side-title"> <span>Ritu Kalra named Harvard’s vice president for finance and chief financial officer</span> </h3> </div> <figure class="b-news__side-img side-img c-image" > <img decoding="async" class="c-image__image" alt="Rita Kalra" src="https://www.harvard.edu/wp-content/uploads/2024/10/053023_Rita_Kalra_012.jpeg?w=375&h=281&crop=1" sizes="(min-width: 1260px) 1260px, 100vw" srcset="https://www.harvard.edu/wp-content/uploads/2024/10/053023_Rita_Kalra_012.jpeg?w=375&h=281&crop=1 375w 281h, https://www.harvard.edu/wp-content/uploads/2024/10/053023_Rita_Kalra_012.jpeg?w=375&h=281&crop=1 375w 281h" /> </figure> <a class="b-news__side-cta is-target-link" id="p-6741c6a5016fe-link" aria-labelledby="p-6741c6a5016fe-title" aria-describedby="p-6741c6a5016fe-link" data-js="target-link" href="https://news.harvard.edu/gazette/story/2023/06/ritu-kalra-named-harvards-vice-president-for-finance-and-cfo/"> Ritu Kalra named Harvard’s vice president for finance and chief financial officer </a> </div> </div> </div> </div> </section> </div> </main> <footer class="site-footer"> <div class="l-container site-footer__container"> <div class="site-footer__row site-footer__row--navigation"> <div class="site-footer__menu-col"> <h2 class="site-footer__menu-heading">Security & Brand</h2> <nav class="site-footer__nav" aria-label="Security & Brand Navigation"> <ol class="site-footer__nav-list"> <li class="footer-one__item"><a href="https://www.harvard.edu/copyright-issue/" class="footer-one__action" data-attribute="report-copyright-infringement-2">Report Copyright Infringement</a></li><li class="footer-one__item"><a href="https://www.harvard.edu/security-issue/" class="footer-one__action" data-attribute="report-security-issue-2">Report Security Issue</a></li><li 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