News
Garber Privately Tells Faculty That Harvard Must Rethink Messaging After GOP Victory
News
Cambridge Assistant City Manager to Lead Harvard’s Campus Planning
News
Despite Defunding Threats, Harvard President Praises Former Student Tapped by Trump to Lead NIH
News
Person Found Dead in Allston Apartment After Hours-Long Barricade
News
‘I Am Really Sorry’: Khurana Apologizes for International Student Winter Housing Denials
The University received slightly under $2,000,000 in gifts during last summer, it was announced yesterday. The exact sum, $1,762,000, was over $1,000,00 under the donations during the same period in 1950. But more significant was the lack of large gifts from individuals and the dependence on foundations.
Moreover, these contributions from foundations--including $195,000 from the Carnegie Corporation and $149,000 from the Rockefeller organization--went to specific research projects, which are not always the most central needs of the University.
Of the $1,762,000, only $113,000 was un-restricted as to use, while only $259,000 of the full amount went for endowment, with $1,503,000 for immediate use.
Largest Recipients
The Medical and Public Health Schools were largest recipients with a combined total of $706,000. Of the $231,000 given to the Faculty of Arts and Sciences, the largest sum went for scientific research.
The Kellogg Foundation gave $53,000 to the School of Education, the American Cancer Society contributed $64,000 to several departments, the Grant Foundation $43,000, the National Foundation for Infantile Paralysis $36,000, and the China Medical Board $36,000
The largest endowment gift was $62,000 from the estate of Dora L. Collison for research in cerebral thrombosis anemia, and epilepsy $150,000 represented the annual Carnegie gift for the maintenance of the Russian Research Center.
Want to keep up with breaking news? Subscribe to our email newsletter.