Harvard faces $150M drop in donations
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 feeble response to on-campus antisemitism. Cash gifts to the Ivy League school fell about 15% to less than $1.2 billion during the fiscal year ended June 30, according to a Harvard financial report released Thursday.
Harvard donations drop; alums cut ties over anti-Israel protests
Gifts specifically to Harvard’s endowment fell by 34 percent, dropping to $368.1 million from $560.6 million the year before. However, the school’s investment fund still gained 9.6 percent for the fiscal year, bringing its total value to $53.2 billion — the largest academic endowment in the world.
Donations to Harvard Drop 15% in Tumultuous Year
Gifts to the school’s endowment, an important sourse of support for its operations, fell 34%.
Donations to Harvard drop 15pc over its handling of anti-Semitism
Harvard has seen donations tumble by nearly 15 per cent in a year amid anger over the handling of anti-Semitism on the university’s campus.
Harvard faces $150M drop in donations amid controversial handling of antisemitism
With student protests regarding the Israel-Hamas war bolstering tensions on campus, Harvard's financial future looks complicated
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