PRESIDENT AND FELLOWS OF HARVARD COLLEGE

CAMBRIDGE, MA, 02138-5366 (617) 495-7792 Est. 1650 EIN 04-2103580
B500— Education Form 990 501(c)(3)
WWW.HARVARD.EDU

Mission

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

Giving Portfolio

Total Grants
1,525
Total Giving
$685.2M
Recipients
1,393
Years Active
2017 - 2022
Avg grant: $449,430 Median: $79,218

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2022306$136.6M $446K44230
2021305$147.2M $483K47230
2020289$129.2M $447K55210
2019311$140.3M $451K109178
2017314$131.9M $420K2900

Sectors Funded

Education
411
Health Care
264
Arts, Culture & Humanities
51
Human Services
45
Medical Research
43
Philanthropy & Grantmaking
36
International & Foreign Affairs
32
Science & Technology
30
and 17 more sectors

Top States

Massachusetts
458
New York
177
California
155
District of Columbia
65
Texas
62
Illinois
43
Pennsylvania
40
Florida
39
and 39 more states

Grantee Size Profile

Over $50M
633
$10M - $50M
147
$1M - $5M
110
$5M - $10M
62
Under $100K
28
$500K - $1M
27
$100K - $500K
23

Top Grantees

MASS GENERAL BRIGHAM INCORPORATED
MA - 4 grants
$56.4M
MASS GENERAL BRIGHAM INCORPORATED
MA - 4 grants
$43.4M
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
MA - 4 grants
$32.9M
FRONTIER SCIENCE AND TECHNOLOGY RESEARCH FOUNDATION INC
MA - 2 grants
$29.9M
FRONTIER SCIENCE AND TECHNOLOGY RESEARCH FOUNDATION INC
MA - 2 grants
$26.8M
DANA-FARBER CANCER INSTITUTE
MA - 4 grants
$20.1M
CHILDRENS HOSPITAL CORPORATION
MA - 2 grants
$15.1M
CHILDRENS HOSPITAL CORPORATION
MA - 5 grants
$15.0M
MASS GENERAL BRIGHAM INCORPORATED
MA
$14.9M
BETH ISRAEL DEACONESS MEDICAL CENTER INC
MA - 4 grants
$14.4M
and 15 more grantees

Grants Awarded · 1255 grants

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Financials

Total Revenue
$6,051,934,438
Total Expenses
$6,253,073,686
Net Assets
$59,486,728,000
37,629 employees 10,000 volunteers
From latest filing (tax period ending 2023-06-30)

Financial Health

Operating Reserve
9.5 years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 37.1%
Expenses ↑ 7.3%
Revenue Sources
Contributions 30.9% Earned revenue 38.0% Investment 29.2% Other 2.0%
Expense Breakdown
Program 87.8% Management 9.0% Fundraising 3.2%

Officers & Trustees (35)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2022 Form 990$6,051,934,438 ↓$6,253,073,686$59,486,728,000
2021 Form 990$9,623,728,188 ↑$5,826,813,321$59,407,099,000
2020 Form 990$8,943,246,824 ↑$5,468,821,983$61,435,265,000
2019 Form 990$7,350,273,474 ↑$5,653,421,409$48,551,934,000
2017 Form 990$5,751,501,241 $5,243,094,233$45,459,632,000

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EIN: 04-2103580 · Source: IRS Form 990 e-file data