Harvard’s Billion-Dollar Disappointment

Only at the nation’s richest university can a billion-plus-dollar fundraising haul equal disappointment. After a tumultuous year marked by student protests over the war between Israel and Hamas and an abrupt leadership change, a new report shows donations to Harvard University fell by 15 percent. While Harvard collected almost $1.2 billion in total gifts in the fiscal year that ended on June 30, that number is down from nearly $1.4 billion raised in the prior fiscal year. Harvard leaders have called the number “disappointing.”