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According to the School of Public Health’s Chief Financial and Administrative Officer Laura T. Ketchum, payout from the University endowment accounts for only 13 percent of the school’s revenue??a smaller fraction than at any other school. Instead, the school relies primarily on federal research funding for its budget...
Though overall University donations decreased by 8 percent in the past fiscal year, FAS saw a windfall 7 percent increase in donation revenue??thanks in large part to two anonymous unrestricted gifts that add up to approximately $32 million, according to Smith...
...reshaping”—a general charge to implement broad structural changes that have yet to be determined. The news came a few weeks after the University announced in mid-March that the endowment payout—the school’s chief source of revenue??would fall by more than 15 percent over the next two years. “Reshaping” had replaced “resizing” (what happened to the coffee at afternoon meetings) as the new buzzword. The concept arose organically from University-wide discussions, Harvard President Drew...
...Rogers suggested in a recent interview that she intends to hold off on discussions with potential Allston donors until “the process of recalibrating the near-term status of the project is completed”—a decision slated for this fall.Another source of revenue??the annual half-percent levy on the University endowment first taken in 2002 to pay for planning initiatives, infrastructure improvements, and redevelopment of acquired property—has similarly dried up. Hyman said earlier this spring that the Strategic Infrastructure Fund, as the tax is now known, has little...
...both publications are reaching beyond campus for sources of subscription revenue??the Advocate to high schools, and H-Bomb to The Harvard Coop and potentially the Trident Booksellers and Caf?...