Oprah Winfrey, Drew Faust, and Harvard events on Commencement afternoon
Assessing the University two years after changes in governance were introduced
Harvard reports a break-even 2012 in its annual financial report—and paints a stark picture of new fiscal realities.
Charters for the senior governing board’s new centers of expertise and oversight
The University, still adjusting to the financial crisis, incurs a $130-million deficit and pursues both savings and new revenues.
Expenses outpace revenue growth as the University continues to adapt financially.
The University’s annual financial report portrays an institution adapting to an era of reduced revenues and expenses.