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Articles tagged Financial Crisis

FAS Reduces Deficit, but Gap Remains “Huge”

February 3, 2010 • Breaking News

The Faculty of Arts and Sciences lessens its budget problem, but an $80-million financial shortfall remains.

2 Further Financial Fallout

January 1, 2010

The Harvard University Financial Report for fiscal year 2009 documents losses not previously detailed.

Libraries on the Edge

January 1, 2010

The University’s financial crisis is exacerbating existing problems in expanding, coordinating, and technologically improving the collections.

FAS Slightly Loosens Purse Strings

December 10, 2009 • Breaking News

A bit of breathing room for compensation, graduate students, and the library system.

14 Allston Development on Ice

December 10, 2009 • Breaking News

The University will halt construction on its Allston science complex, and—significantly—revisit plans for campus development more broadly.

Faculty Retirement Incentives Unveiled

December 2, 2009 • Breaking News

The Faculty of Arts and Sciences and four professional schools offer incentives for senior professors to plan their retirements.

Harvard’s Library System to be Restructured

November 12, 2009 • Breaking News

The intellectually extraordinary but decentralized system needs administrative, financial, and technological reorganization, according to the Task Force on University Libraries.

1 $11 Billion Less

November 1, 2009

A status report on the state of the endowment

FAS’s Progress—and Prognosis

November 1, 2009

An early-semester financial talk by the dean

“Two Radically Different Worlds”

October 23, 2009 • Breaking News

Faculty of Arts and Sciences Dean Michael D. Smith outlines academic progress and details financial problems in his 2009 annual report.

27 Harvard’s Annual Financial Report Fully Details 2009 Losses

October 19, 2009 • Breaking News

The endowment, the University’s cash accounts, large swap losses, and more.

3 Yale’s Endowment Performance Edges Harvard’s

September 22, 2009 • Breaking News

Yale reported sharp losses, but narrowly bested Harvard’s results—preserving a large margin of long-term superior investment performance.

FAS’s Financial Hole: A Little Less Deep

September 16, 2009 • Breaking News

Dean Michael D. Smith details hard-won budget improvements—and the challenges remaining.

Yale Capitulates

September 11, 2009 • Breaking News

Eli President Richard C. Levin signals deeper endowment losses and spending cuts. What are the implications for Harvard’s finances?

1 Endowment Value Declines 29.5% as Investment Return Is Negative 27.3%

September 10, 2009 • Breaking News

Harvard Management Company’s annual report quantifies the punishing decline in the value of the University’s endowment.

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