Despite Negative Fiscal Year Return, Harvard Endowment Awards Bonuses
Posted on 05/23/2023
Managing Harvard University’s US$ 50.9 billion endowment (endowment only) is profitable for employees despite taking a 1.8% loss in Fiscal Year 2022 and shrinking from US$ 53.2 billion from the year before. Harvard received US$ 505 million in spendable gifts in 2022. The average donor gave US$ 155. Though data lags, we learned that Nirmal…
