Key Takeaways
- • Harvard University's endowment rose to a record $68 billion, according to Bloomberg, after the fund returned 27% for the fiscal year ending in June.
- • The endowment added a total of $11 billion during the period, driven by gains in equities, venture capital and its hedge fund portfolio.
- • Venture capital holdings, including SpaceX, were cited as a key contributor to the performance.
- • Donations to the university rose to $1.5 billion, per Harvard's financial report released Thursday.
- • The results came despite an unprecedented pressure campaign from President Donald Trump directed at the university.
Summary
Harvard University's endowment climbed to a record $68 billion, according to Bloomberg, following a 27% return for the fiscal year ending in June. Harvard disclosed the results in its financial report released Thursday. The endowment added a total of $11 billion over the period, benefiting from broad gains in the stock market and its hedge fund portfolio.
Successful investments in equities and venture capital, including holdings in SpaceX, were central to the performance. The gains allowed the richest US college to weather an unprecedented pressure campaign from President Donald Trump, the report said.
Donations to the university rose to $1.5 billion during the same fiscal year, according to Harvard's report. The combination of strong investment returns and rising giving underscores the endowment's continued scale as one of the largest university pools of capital in the United States.
Successful investments in equities and venture capital, including holdings in SpaceX, were central to the performance. The gains allowed the richest US college to weather an unprecedented pressure campaign from President Donald Trump, the report said.
Donations to the university rose to $1.5 billion during the same fiscal year, according to Harvard's report. The combination of strong investment returns and rising giving underscores the endowment's continued scale as one of the largest university pools of capital in the United States.
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