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Harvard Finances

FAS’s Fitter Fisc

Faculty of Arts and Sciences dean Michael D. Smith reports a smaller deficit—and restores cookies to faculty meetings.

Back to the Bond Market

The University’s offerings will refinance debt and finance various capital projects.

No Surprises

The University’s annual financial report portrays an institution adapting to an era of reduced revenues and expenses.

Time to “Change the Channel”

Faculty of Arts and Sciences dean Michael D. Smith looks beyond financial constraints to academic priorities, from better teaching to renovated undergraduate Houses.

Other Financial Updates

Fundraising remains strong, and the financial report and faculty retirement decisions are pending.

Endowment Improvements

A year after declining $11 billion, investment returns on Harvard’s endowment turn positive.