President And Fellows Of Harvard College

Organization Overview

President And Fellows Of Harvard College is located in Cambridge, MA. The organization was established in 1967. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2021, President And Fellows Of Harvard College employed 34,351 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. President And Fellows Of Harvard College is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, President And Fellows Of Harvard College generated $7.4b in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $5.7b during the year ending 06/2020. While expenses have increased by 2.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, President And Fellows Of Harvard College has awarded 2,439 individual grants totaling $1,129,757,273. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION AND RESEARCH ACROSS A BROAD ARRAY OF ACADEMIC DOMAINS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AND OTHER INSTITUTIONAL ACTIVITIES: HARVARD UNIVERSITY (THE "UNIVERSITY") IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION WITH APPROXIMATELY 5,212 UNDERGRADUATE AND 13,418 GRADUATE STUDENTS. THE UNIVERSITY INCLUDES THE FACULTY OF ARTS AND SCIENCES (HARVARD COLLEGE), THE JOHN A. PAULSON SCHOOL OF ENGINEERING AND APPLIED SCIENCES, THE DIVISION OF CONTINUING EDUCATION, TEN GRADUATE AND PROFESSIONAL SCHOOLS, THE RADCLIFFE INSTITUTE FOR ADVANCED STUDY, A VARIETY OF RESEARCH MUSEUMS AND INSTITUTES, AND AN EXTENSIVE LIBRARY SYSTEM TO SUPPORT THE TEACHING AND RESEARCH ACTIVITIES OF THE HARVARD COMMUNITY.


SPONSORED RESEARCH ACTIVITIES: THE RANGE OF RESEARCH ACTIVITIES AT HARVARD IS BROAD AND DEEP. HARVARD SCHOLARS CONDUCT RESEARCH IN ALMOST EVERY FIELD, AND SEEK TO EXPAND HUMAN KNOWLEDGE THROUGH ANALYSIS, INNOVATION, AND INSIGHT. AS REPORTED ON PART VIII, RESEARCH IS SUPPORTED BY FEDERAL GRANTS (LINE 1E), NON-FEDERAL SPONSORED GRANTS (LINE 1F) AND NON-FEDERAL SPONSORED CONTRACTS (LINE 2B). THE UNIVERSITY'S PRINCIPAL SOURCE OF FEDERAL SPONSORED FUNDS IS THE DEPARTMENT OF HEALTH AND HUMAN SERVICES. THE UNIVERSITY ALSO HAS MANY NON-FEDERAL SOURCES OF SPONSORED AWARDS, GRANTS, AND CONTRACTS, INCLUDING RESEARCH INSTITUTES, FOUNDATIONS, STATE AND LOCAL GOVERNMENTS, FOREIGN GOVERNMENTS, AND CORPORATIONS. SPONSORED GRANTS AND CONTRACTS NORMALLY PROVIDE FOR THE RECOVERY OF DIRECT AND INDIRECT COSTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Fellow
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Turner Construction
Construction Contractor
$110,039,561
Lee Kennedy Co Inc
Construction Contractor
$52,210,484
Bond Brothers Inc
Construction Contractor
$36,006,510
Restaurant Associates Inc
Dining Services
$37,335,684
Shawmut Design And Construction
Construction Contractor
$104,366,497
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,314,892
Fundraising events$0
Related organizations$0
Government grants $584,437,200
All other contributions, gifts, grants, and similar amounts not included above$832,066,800
Noncash contributions included in lines 1a–1f $148,820,683
Total Revenue from Contributions, Gifts, Grants & Similar$1,419,818,892
Total Program Service Revenue$1,877,296,436
Investment income $255,305,181
Tax Exempt Bond Proceeds $0
Royalties $83,564,729
Net Rental Income $27,967,666
Net Gain/Loss on Asset Sales $3,686,321,020
Net Income from Fundraising Events -$450
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,350,273,474

Grants Awarded

Over the last fiscal year, President And Fellows Of Harvard College has awarded $144,029,752 in support to 313 organizations.

Grant RecipientAmount

BRIGHAM AND WOMEN'S HOSPITAL INC

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH SUB-AWARD

$14,134,117

FRONTIER SCI & TECH FDN

Org PageRecipient Profile

Brookline, MA

PURPOSE: RESEARCH SUB-AWARD

$13,420,750

MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: RESEARCH SUB-AWARD

$10,757,299

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: RESEARCH SUB-AWARD

$6,661,891

CHILDREN'S HOSPITAL CORPORATION

Org PageRecipient Profile

Boston, MA

PURPOSE: RESEARCH SUB-AWARD

$6,099,808

CTR FOR ADV BIOLOGICAL INNOV & MANUF

PURPOSE: COMM. GIFT & CHAR. CONTRIB.

$6,000,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 10 grants that President And Fellows Of Harvard College has recieved totaling $1,861,176.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$744,436
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$350,000
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$250,000
$163,000
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$141,542
The Open Gate Inc

Cambridge, MA

PURPOSE: PROGRAM SUPPORT

$114,940
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$40,674,723,000
Earnings$12,445,078,000
Admin Expense$240,816,000
Net Contributions$427,462,000
Other Expense$1,400,197,000
Grants$286,382,000
Ending Balance$51,619,868,000

Peer Organizations

Organization NameAssets
Southern New Hampshire University
Manchester, NH
$1,091,579,648
Albert Einstein College Of Medicine
Bronx, NY
$371,509,260
Bentley University
Waltham, MA
$316,624,866
Mcphs University
Boston, MA
$374,201,406
Teachers College Columbia University
New York, NY
$250,184,193
Bryant University
Smithfield, RI
$218,647,857
Rhode Island School Of Design
Providence, RI
$200,813,322
Feinberg Graduate School Of The Weizmann Institute Of Science
New York, NY
$172,532,346
New York Medical College
Valhalla, NY
$119,697,970
Touro University
New York, NY
$93,950,601
New York Law School
New York, NY
$82,190,230
Brooklyn Law School
Brooklyn, NY
$73,619,300

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