Monday, May 4, 2009

Where does Harvard University gets its money from?

Harvard is private university. Wikipedia states its current endowment reaches U.S. $35 billion. Tuition generates relatively invisible amounts of income. I wouldn't count too much on government research grants either. I wonder where all that comes from then?

Where does Harvard University gets its money from?
Tuition and endowments. Harvard is "for profit", so there's a lot of investing going on...as has been the case forever.
Reply:The majority of Harvard's funding comes from their endowment. This endowment is at 29.2 billion dollars as of September 2006 according to the Boston Globe, and is believed to be worth more than 34 billion now.





Harvard is a non-profit, private university. They do retain a private investment company to handle their endowment though, and it has done a wonderful job. The endowment was valued at 4.8 billion in 1990, and had increased to its current estimated 34 billion under their leadership.
Reply:they produce millionaire alumni ... these people have no problem giving the university 1000-10000 a year. A lot of billionaire, and multimillionaires leave the university millions when they die as well. Then since they are intelligent they invest the money, and boom 35 billion.


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