Tag: Harvard

Harvard Borrows a Billion Dollars

The school is enjoying one of the perks of having triple-A credit. The University will sell up to $573 million in revenue bonds through a state agency, use the proceeds to refinance outstanding debt, and sell $500 million in taxable bonds for...

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Endowment Payout at Harvard

In their latest financial report, the school describes the purpose of the endowment and how it works. The University’s endowment spending practice has to balance two competing goals: the need to fund the operating budget with a stable and...

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Harvard Endowment Performance 2019

Harvard announced their endowment figures last week. HMC [Harvard Management Company], which invests the University’s endowment and other financial assets, announced today that during fiscal 2019, the endowment’s value increased 4.3 percent, to...

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Gift Policy at Harvard

Should a school return a gift years after accepting it? When asked for the gift policy, [University spokesperson Jonathan L.] Swain offered a statement instead. “The gift policy is designed to ensure that no gift to Harvard will provide a donor...

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