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President and Fellows of Harvard College

Public charityFed auditsIRS 990990-T FY2023
Other · CAMBRIDGE, MA · EIN 04-2103580

About

Undergraduate, graduate, and professional education and research across a broad array of academic domains.

Donations are tax-deductible
Category
Other
Employees
37,629
Volunteers
10,000

Financial Snapshot

FY ending 2023-06-30
Revenue
$6.1B
Expenses
$6.3B
Assets
$70.6B
Liabilities
$11.2B

Financial history

$9.6B$4.8B$0
1617181920212223
RevenueExpenses
Latest FY2023: $6.1B · Peak FY2022: $9.6B · Avg: $6.6B

Foreign activity (Schedule F)

Total spent abroad$413.6M
Foreign employees151
Foreign offices3
Foreign partnership interestYes
Foreign trust interestYes
RegionActivitySpent
Central America and the Caribbean——
Central America and the Caribbean——
Central America and the Caribbean——
East Asia and the Pacific——
East Asia and the Pacific——
East Asia and the Pacific——
East Asia and the Pacific——
Europe (Including Iceland and Greenland)——
Europe (Including Iceland and Greenland)——
Europe (Including Iceland and Greenland)——
Europe (Including Iceland and Greenland)——
Middle East and North Africa——
Middle East and North Africa——
Middle East and North Africa——
North America (Canada & Mexico only)——
North America (Canada & Mexico only)——
North America (Canada & Mexico only)——
Russia and Neighboring States——
Russia and Neighboring States——
South America——
South America——
South America——
South Asia——
South Asia——
South Asia——

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
—
Lobbying
$588K
Grants Given
$744.0M
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
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Address

1350 Massachusetts AVE STE 801
Cambridge, MA, 02138-384

Governance

Voting board members13
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %26.0%
Permanent endowment %22.6%
Endowment held by related orgYes

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Gross fundraising receipts$2.2M
Net to org$1.3M
Retained by contractors$910K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.