Your independent source for Harvard news since 1898

Your independent source for Harvard news since 1898

Harvard Endowment Decreases by $1.9 Billion on Negative Investment Returns

9.22.16

Performance highlights for fiscal 2016:

•The endowment’s value stood at $35.7 billion as of June 30, the end of fiscal year 2016, a decrease of $1.9 billion (5.1 percent) from $37.6 billion a year earlier—a total that had finally exceeded the nominal peak value, not adjusted for inflation, reported in fiscal 2008, just before the financial crisis and ensuing recession.

Honors for Harvardians

9.20.16

Both the National Endowment for the Humanities and the National Book Foundation recognized Harvard affiliates last week in announcements about their annual awards.

Among the 12 recipients of the National Humanities Medal were:

The New Republican Mavericks of Cambridge

9.19.16

It has been a very disheartening few months,” says Declan Garvey ’17, president of the Harvard Republican Club (HRC).

| Football

Football: Harvard 51, Rhode Island 21

9.18.16

As the 143rd season of Harvard football kicked off last Friday night at the Stadium, it took two minutes and eight seconds for the long-awaited regime of quarterback Joe Viviano ’17 to establish itself.

Dining Workers’ Deadline

9.16.16

Harvard might soon find itself dealing with its largest labor battle in more than a decade, when in 2002 its lowest-paid workers fought for, and won, the right to earn a living wage. Yesterday, the University’s dining hall workers voted 591-18 to authorize a strike, following nearly four months of tense contract negotiations between Harvard and UNITE HERE Local 26, the union that represents the 750-person dining staff.

“Beyond Words”: Beauty and History Converge at Houghton

9.13.16

In 2000, Jeffrey Hamburger, Francke professor of German art and culture, and William Stoneman, curator of early books and manuscripts at Houghton Library, began unearthing lesser-known medieval manuscripts across the Boston area. This week, their efforts culminate with the opening of “Beyond Words: Illuminated Manuscripts in Boston Collections,” at three Boston sites. Manuscripts created for laypeople are on display at Boston College’s McMullen Museum of Art, and Italian humanist texts will be shown at the Isabella Stewart Gardner Museum.

New Look for Lavietes

9.6.16

Harvard’s Lavietes Pavilion, built in the 1920s as an indoor-track center and converted to basketball use in 1982, is being extensively renovated and modestly expanded. Construction began in May, and as the fall term began, workers had installed new foundations and were erecting a steel superstructure at the front (southern) entry. After an autumn and winter pause to accommodate the men’s and women’s basketball seasons, construction will resume next spring.

Convocation for a Bicentennial

9.2.16

Seriously and joyfully, Harvard Divinity School (HDS) began the academic year, and celebration of its bicentennial year*, with images and words that looked back with candor and respect and simultaneously propagated enthusiasm for the school’s colorfully bannered mission to “Illuminate. Engage. Serve.”

Harvard Capital Campaign Crosses $7-Billion Mark

9.1.16

The University announced today that The Harvard Campaign—launched publicly three Septembers ago with $2.8 billion given or pledged toward a $6.5-billion goal—had secured gifts or commitments totaling “more than $7 billion” as of this past June 30, the end of Harvard’s fiscal year.

Harvard Reforms Overseer Elections

9.1.16

Three months after the conclusion of an atypically contested campaign for election to the University’s Board of Overseers—with five petitioners seeking office on a “Free Harvard/Fair Harvard” slate that proposed eliminating undergraduate tuition and challenged the College’s admissions procedures—the board today unveiled four changes to its election policies and procedures.

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