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 grows during turbulent academic year
The Ivy League school’s portfolio of private equity, hedge funds, real estate, and other investments gained 9.6 percent in the fiscal year that ended June 30,
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.
Harvard endowment returns 9.6% for fiscal year
Harvard University ’s endowment posted a return of 9.6% for its fiscal year ended June 30, and the value of the portfolio increased to $53.2 billion from $50.7 billion the year before. The latest positive investment return followed a 2.9% gain for the prior fiscal year and a 1.8% loss for the fiscal year ended June 30, 2022.
Harvard endowment delivers 9.6% return, hits $53.2bn
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion.
Donations to Harvard’s Endowment Drop by More Than $150 Million
Total philanthropic contributions fell by 14 percent in fiscal year 2024 as several billionaire donors publicly severed ties with Harvard over its response to campus antisemitism.
Harvard endowment grows over 9%, passes $53 billion
Harvard’s industry-leading endowment surpassed $53 billion last fiscal year thanks to investment gains of 9.6%, beating many of its peers who have reported numbers so far this fall.
Harvard University Endowment Posts 9.6% Gain, Reaches $53.2 Billion
Harvard University’s endowment realized a 9.6% gain for Fiscal Year 2024, a significant improvement over last year’s 2.3% ...
Harvard donations plunge 15% as alumni cut ties over weak response to campus antisemitism
Harvard University warned that donations to its endowment have nosedived as outraged alumni cut ties with the school over its ...
Donations to Harvard Drop 15% in Tumultuous Year
Donations to Harvard University fell nearly 15% in a year when some high-profile donors said they would stop giving money to ...
Harvard fundraising tops $1 billion despite being rocked by protests and a presidential ouster
In a year that saw leadership turnover, public protests, and plagiarism allegations, the fundraising machine at Harvard ...
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Harvard hauls in over $1 billion after it was rocked by protests and a presidential ouster
Garber told The Harvard Crimson last week that this year’s haul was “disappointing.” Indeed, the university's endowment ...
Harvard donations drop sharply in wake of criticism over Israel protests
Donors and alumni cut gifts to west’s wealthiest university by 14% to below $1bn with endowment fund taking brunt of hit ...
Harvard and Other Big Endowments Trailed the S&P 500. Where They Lost Ground.
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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Harvard reports second-highest donations in school history
Harvard University on Thursday reported that it received $525 million in current-use donations during its last fiscal year, ...