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...million payment to the U.S. government to settle a breach of contract suit.The settlement stemmed from a civil fraud complaint brought against the University, economist Andrei Shleifer ’82, and former Harvard employee Jonathan Hay.The annual report also revealed some of the financial plans for the Eli and Edythe L. Broad Institute, a biomedical research center established jointly by Harvard and MIT to study the human genome.Both schools together will raise $20 million per year in gifts and non-federal grants. If fundraising efforts fail to meet the goal, Harvard will compensate MIT for the shortfall, the report...

Author: By Nicholas M. Ciarelli, CRIMSON STAFF WRITER | Title: University Reports $44M Surplus | 12/6/2005 | See Source »

...Broad would give the Broad Institute all of our money, that’s her standard,” Eli Broad said during the press conference after his announcement. “My standard is to understand the progress and to fund that progress...

Author: By May Habib, CRIMSON STAFF WRITER | Title: Couple Doubles Gift to Genome Institute | 12/1/2005 | See Source »

...Eli Broad built his fortune over decades as the architect of two Fortune 500 companies...

Author: By May Habib, CRIMSON STAFF WRITER | Title: Couple Doubles Gift to Genome Institute | 12/1/2005 | See Source »

...Eli Broad said he and his wife decided to give the second gift because they were “impressed with the [institute’s] progress and wanted to see it accelerated...

Author: By May Habib, CRIMSON STAFF WRITER | Title: Couple Doubles Gift to Genome Institute | 12/1/2005 | See Source »

Redoubling their efforts to unlock the power of the human genome, philanthropists Eli and Edythe L. Broad yesterday pledged an additional $100 million to the biomedical research center they helped launch a year and a half ago as a joint venture of Harvard...

Author: By May Habib, CRIMSON STAFF WRITER | Title: Couple Doubles Gift to Genome Institute | 12/1/2005 | See Source »

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