Harvard Endowment Grows to $53.2 Billion on Strong Returns During Turbulent Year
The strong returns came despite a drop in endowment gifts to $368 million compared with $561 million in the previous year. But Harvard said current use gifts rose by 9% to $528 million. A number of prominent donors, including hedge fund manager Kenneth Griffin, halted their giving amid the crisis.
Harvard Endowment Jumps to $53.2 Billion, Delivers 9.6% Returns in 2024
The value of Harvard’s endowment grew to $53.2 billion after the Harvard Management Company boasted a 9.6 percent return on its investments in fiscal year 2024 — the first year the endowment has increased in value since 2021.
Donations to Harvard University fell nearly 15% in a year when some high-profile donors said they would stop giving money to ...
In a year that saw leadership turnover, public protests, and plagiarism allegations, the fundraising machine at Harvard ...
Harvard University warned that donations to its endowment have nosedived as outraged alumni cut ties with the school over its ...
The Harvard professors took issue with the fact that students were disciplined for a silent protest in the Widener Library ...
Harvard University’s endowment realized a 9.6% gain for Fiscal Year 2024, a significant improvement over last year’s 2.3% ...
Harvard faculty held a study-in protest supporting students previously suspended for a pro-Palestine demonstration.
The professors gathered in the Loker Reading Room for an hour-long silent “study-in.” The demonstration denounced what the ...
Total philanthropic contributions fell by 14 percent in fiscal year 2024 as several billionaire donors publicly severed ties ...
In comparison, the S&P 500 returned 24.56% in that period, while a 70/30 mix of the S&P 500 and U.S. taxable bonds was up 18% ...
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