Word: berman
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Though it was originally slated to last no longer than five years, Vice President for Finance Ann E. Berman and FAS Associate Dean of Finance Cheryl Hoffman-Bray informed the council Wednesday that Harvard’s schools would see their endowments docked for up to 25 years...
...discussed an extension of the assessment for the first phase of Allston development (25 years),” Berman wrote in an e-mail. “The fund being raised by this assessment is an infrastructure fund, and so will be used for infrastructure: land acquisitions, roads, utilities, site cleanup, buildings, et cetera...
...Berman did not respond to a question about whether the rate of the assessment would change over time...
Further implementation of the Wage and Benefits Parity Policy—adopted as part of the recommendations of the committee convened in the aftermath of the 2001 Living Wage sit-in—has also cost the University a great deal, although Berman said the exact amount was hard to estimate...
Student aid rose 11 percent after a 15 percent increase in FY02, which Berman attributed to greater need in a bad economy coupled with enhancements in the University’s financial aid packages...