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Nonprofit · EIN 04-2103580

PRESIDENT AND FELLOWS OF HARVARD COLLEGE

Tax-exempt · CAMBRIDGE, MA 02138

Financials

$6.1B$6.3B2022$7.7B$6.8B2023$8.3B$7.2B2024
Revenue Expenses · by fiscal year end
Financials of PRESIDENT AND FELLOWS OF HARVARD COLLEGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$8,323,235,933$7,243,390,385$1,079,845,548$79,935,301,000$13,396,427,000$66,538,874,000
June 30, 2024990$7,654,478,632$6,837,224,617$817,254,015$74,371,580,000$12,112,676,000$62,258,904,000
June 30, 2023990$6,051,934,438$6,253,073,686-$201,139,248$70,647,595,000$11,160,867,000$59,486,728,000
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,852,353,540
of which government grants
$600,186,053
Membership dues
$3,245,631
Program service revenue
$2,481,651,841
Investment income
$3,881,325,578
Royalties
$84,011,836
Net rental income
$24,045,875
Net gain from sales of assets
$3,463,184,140
Net income from fundraising events
-$152,737
Other revenue
$107,904,974

Expenses

Grants and similar amounts paid
$1,089,639,465
Compensation of officers, directors and key employees
$14,083,802
Other salaries and wages
$2,598,229,631
Salaries, compensation and benefits (total)
$3,328,506,059
Professional fundraising fees
$376,299
Legal fees
$126,617,412
Accounting fees
$2,544,004
Occupancy
$397,143,057
Travel
$98,841,453
Depreciation
$430,333,979
Program services (functional)
$6,199,432,971
Management and general (functional)
$796,727,679
Fundraising (functional)
$247,229,735

Balance sheet and other

Total assets, start of year
$74,371,580,000
Total assets, end of year
$79,935,301,000
Total liabilities, end of year
$13,396,427,000
Net assets, end of year
$66,538,874,000
Land, buildings and equipment
$9,203,881,000
Publicly traded securities
$35,478,166,000
Net assets without donor restrictions
$17,197,838,000
Net assets with donor restrictions
$49,341,036,000
Gross unrelated business income
$33,998,990
Gross receipts
$24,009,300,043
Employees
39,590
Volunteers
10,000
Year formed
1650
State of legal domicile
MA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ROBIN J ELYFACULTY
Highest-paid employee
48$1,904,006$31,500$55,539
NANCY F KOEHNFACULTY
Highest-paid employee
48$1,928,263$4,500$57,067
KATHLEEN L MCGINNFACULTY
Highest-paid employee
60$1,884,004$0$52,545
ALAN M GARBERSEE SCHEDULE O
Trustee or director, Officer
60$1,391,448$0$251,390
CLAUDINE GAYSEE SCHEDULE O
Highest-paid employee
60$1,397,749$0$150,802
DAVID J MALANFACULTY
Highest-paid employee
60$1,228,579$0$56,732
SRIKANT M DATARDEAN, FACULTY OF BUSINESS
Key employee
60$911,062$0$202,965
JOHN MANNINGSEE SCHEDULE O
Officer
60$985,882$0$76,097
GEORGE Q DALEYDEAN, FACULTY OF MEDICINE
Key employee
60$1,009,890$0$43,968
BRIAN LEEV.P. FOR ALUMNI AFFAIRS AND DEVELOPMENT UNTIL 04/16/25
Officer
60$919,239$0$76,884
HOPI HOEKSTRADEAN, FACULTY OF ARTS & SCIENCES
Key employee
60$691,601$0$270,960
MEREDITH WEENICKEXECUTIVE VICE PRESIDENT
Officer
60$825,207$0$57,623
LAWRENCE S BACOWSEE SCHEDULE O
Former
60$708,928$0$57,580
RITU KALRAV.P. FOR FINANCE AND C.F.O.
Officer
60$646,696$0$74,375
MARGARET NEWELLV.P. AND DEPUTY TO THE PRESIDENT
Officer
60$636,263$0$57,177
23 more people on this return
NameTitleHours / weekCompensationOther / benefits
PAUL ANDREWV.P. FOR PUBLIC AFFAIRS AND COMMUNICATIONS
Officer
60$610,446$80,444
MARC L GOODHEARTSEE SCHEDULE O
Officer
60$577,048$83,800
NITIN NOHRIASEE SCHEDULE O
Former
60$580,639$71,813
KLARA JELINKOVAV.P. AND CHIEF INFORMATION OFFICER
Officer
60$548,296$74,139
MANUEL CUEVAS-TRISANV.P. FOR HUMAN RESOURCES
Officer
60$535,527$81,004
DIANE LOPEZSEE SCHEDULE O
Former
60$540,529$47,791
SEAN CARONV.P. FOR CAMPUS SERVICES
Officer
60$490,170$75,695
JENNIFER O'CONNORV.P. AND GENERAL COUNSEL AS OF 07/29/24
Officer
60$489,340$47,364
MARTHA WHITEHEADV.P. FOR THE HARVARD LIBRARY
Officer
60$445,887$69,165
KAREN GORDON MILLSFELLOW; SENIOR FELLOW AT HBS
Trustee or director
17$116,213$24,412
TIMOTHY R BARAKETTFELLOW/TREASURER
Trustee or director, Officer
5$0$0
BIDDY MARTINFELLOW
Trustee or director
5$0$0
DIANA L NELSONFELLOW
Trustee or director
5$0$0
JOSEPH Y BAEFELLOW AS OF 07/01/24
Trustee or director
5$0$0
KENNETH FRAZIERFELLOW
Trustee or director
5$0$0
KENNETH I CHENAULTFELLOW
Trustee or director
5$0$0
MARIANO-FLORENTINO CUELLARFELLOW
Trustee or director
5$0$0
PENNY S PRITZKERSENIOR FELLOW
Trustee or director
9$0$0
SHIRLEY M TILGHMANFELLOW
Trustee or director
5$0$0
THEODORE V WELLS JRFELLOW
Trustee or director
5$0$0
TRACY PALANDJIANFELLOW
Trustee or director
5$0$0
JAMES HUSSONV.P. FOR ALUMNI AFFAIRS AND DEVELOPMENT AS OF 04/01/25
Officer
60$0$0
SUZANNE GLASSBURNV.P. AND SECRETARY OF THE UNIVERSITY AS OF 06/01/25
Officer
60$0$0
990 for the year ended June 30, 2024: 37 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
LAWRENCE S BACOWSEE SCHEDULE O
Highest-paid employee
60$2,904,050$0$176,683
PAUL M HEALYFACULTY
Highest-paid employee
60$1,928,441$0$44,395
HERMAN B LEONARDFACULTY
Highest-paid employee
48$1,786,044$31,500$72,402
DAVID J MALANFACULTY
Highest-paid employee
60$1,313,964$0$55,972
CLAUDINE GAYSEE SCHEDULE O
Trustee or director, Officer
60$1,079,008$0$283,947
ALAN M GARBERSEE SCHEDULE O
Trustee or director, Officer
60$922,068$0$242,968
SRIKANT M DATARDEAN, FACULTY OF BUSINESS
Key employee
60$947,857$0$192,245
LINDA HILLFACULTY
Highest-paid employee
48$982,304$23,500$41,844
DIANE LOPEZV.P. AND GENERAL COUNSEL UNTIL 02/29/24
Officer
60$972,728$0$73,085
GEORGE Q DALEYDEAN, FACULTY OF MEDICINE
Key employee
60$970,945$0$42,118
BRIAN LEEV.P. FOR ALUMNI AFFAIRS AND DEVELOPMENT
Officer
60$883,103$0$74,098
JOHN MANNINGINTERIM PROVOST AS OF 03/14/24
Officer
60$810,537$0$73,085
MEREDITH WEENICKEXECUTIVE VICE PRESIDENT
Officer
60$777,736$0$55,214
PAUL ANDREWV.P. PUBLIC AFFAIRS AND COMM.
Officer
60$570,222$0$77,574
MARC L GOODHEARTV.P. AND SECRETARY OF THE UNIVERSITY
Officer
60$573,516$0$71,090
NITIN NOHRIASEE SCHEDULE O
Former
60$571,982$0$62,120
MARGARET NEWELLV.P. AND DEPUTY TO THE PRESIDENT AS OF 01/26/24
Officer
60$555,502$0$54,858
MICHAEL D SMITHSEE SCHEDULE O
Former
60$535,412$0$70,658
KLARA JELINKOVAV.P. AND CHIEF INFORMATION OFFICER
Officer
60$530,602$0$71,275
MANUEL CUEVAS-TRISANV.P. FOR HUMAN RESOURCES
Officer
60$519,137$0$77,658
RITU KALRAV.P. FOR FINANCE AND C.F.O.
Officer
60$501,481$0$54,345
SEAN CARONV.P. FOR CAMPUS SERVICES
Officer
60$452,373$0$73,325
THOMAS J HOLLISTERSEE SCHEDULE O
Former
60$451,828$0$58,171
MARTHA WHITEHEADV.P. FOR THE HARVARD LIBRARY
Officer
60$431,961$0$66,331
HOPI HOEKSTRADEAN, FACULTY OF ARTS & SCIENCES AS OF 08/01/23
Key employee
60$287,075$0$45,223
KAREN GORDON MILLSFELLOW; SENIOR FELLOW AT HBS
Trustee or director
45$189,405$0$34,286
BIDDY MARTINFELLOW
Trustee or director
5$3,524$0$0
TIMOTHY R BARAKETTFELLOW/TREASURER
Trustee or director, Officer
5$0$0$0
DIANA L NELSONFELLOW
Trustee or director
5$0$0$0
KENNETH FRAZIERFELLOW AS OF 02/07/24
Trustee or director
5$0$0$0
KENNETH I CHENAULTFELLOW
Trustee or director
5$0$0$0
MARIANO-FLORENTINO CUELLARFELLOW
Trustee or director
5$0$0$0
PAUL J FINNEGANFELLOW
Trustee or director
5$0$0$0
PENNY S PRITZKERFELLOW
Trustee or director
9$0$0$0
SHIRLEY M TILGHMANFELLOW
Trustee or director
5$0$0$0
THEODORE V WELLS JRFELLOW
Trustee or director
5$0$0$0
TRACY PALANDJIANFELLOW
Trustee or director
5$0$0$0
990 for the year ended June 30, 2023: 35 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KATHERINE N LAPPEXECUTIVE VICE PRESIDENT UNTIL 08/05/22
Officer
60$2,347,789$0$46,759
ROHIT DESHPANDEFACULTY
Highest-paid employee
48$2,167,890$13,500$52,742
WALTER C KESTERFACULTY
Highest-paid employee
60$2,053,063$0$66,085
LAWRENCE S BACOWPRESIDENT
Trustee or director, Officer
60$1,333,866$0$423,243
DAVID J MALANFACULTY
Highest-paid employee
60$1,330,171$0$51,434
ALAN M GARBERPROVOST
Officer
60$884,365$0$238,402
MIHIR A DESAIFACULTY
Highest-paid employee
48$1,023,888$24,900$40,445
VILANGADU G NARAYANANFACULTY
Highest-paid employee
48$956,641$38,000$73,178
SRIKANT M DATARDEAN, FACULTY OF BUSINESS
Key employee
60$837,798$0$188,847
GEORGE Q DALEYDEAN, FACULTY OF MEDICINE
Key employee
60$931,184$0$39,013
CLAUDINE GAYDEAN, FACULTY OF ARTS & SCIENCES
Key employee
60$679,638$0$271,735
BRIAN LEEV.P. FOR ALUMNI AFFAIRS AND DEVELOPMENT
Officer
60$866,200$0$69,472
DIANE LOPEZV.P. AND GENERAL COUNSEL
Officer
60$730,917$0$68,785
THOMAS J HOLLISTERV.P. FOR FINANCE AND C.F.O.
Officer
60$630,779$0$72,261
MEREDITH WEENICKEXECUTIVE VICE PRESIDENT AS OF 08/06/22
Officer
60$625,257$0$49,945
KLARA JELINKOVAV.P. AND CHIEF INFORMATION OFFICER
Officer
60$553,994$0$67,023
PAUL ANDREWV.P. PUBLIC AFFAIRS AND COMM.
Officer
60$542,989$0$71,451
MANUEL CUEVAS-TRISANV.P. FOR HUMAN RESOURCES
Officer
60$497,196$0$70,715
MARC L GOODHEARTV.P. AND SECRETARY OF THE UNIVERSITY
Officer
60$498,064$0$67,455
MICHAEL D SMITHSEE SCHEDULE O
Former
60$490,616$0$65,549
MARTHA WHITEHEADV.P. FOR THE HARVARD LIBRARY
Officer
60$415,046$0$62,104
DREW GILPIN FAUSTSEE SCHEDULE O
Former
60$395,290$0$66,383
SEAN CARONV.P. FOR CAMPUS SERVICES AS OF 01/03/23
Officer
60$287,486$0$67,280
KAREN GORDON MILLSFELLOW; SENIOR FELLOW AT HBS
Trustee or director
45$170,482$0$33,135
BIDDY MARTINFELLOW
Trustee or director
5$2,083$0$0
PAUL J FINNEGANFELLOW/TREASURER
Trustee or director, Officer
5$0$0$0
DAVID M RUBENSTEINFELLOW
Trustee or director
5$0$0$0
DIANA L NELSONFELLOW
Trustee or director
5$0$0$0
KENNETH I CHENAULTFELLOW
Trustee or director
5$0$0$0
MARIANO-FLORENTINO CUELLARFELLOW
Trustee or director
5$0$0$0
PENNY S PRITZKERFELLOW
Trustee or director
9$0$0$0
SHIRLEY M TILGHMANFELLOW
Trustee or director
5$0$0$0
THEODORE V WELLS JRFELLOW
Trustee or director
5$0$0$0
TIMOTHY R BARAKETTFELLOW
Trustee or director
5$0$0$0
TRACY PALANDJIANFELLOW
Trustee or director
5$0$0$0

Address and contacts

Address (IRS master file)
1350 MASSACHUSETTS AVE STE 801, CAMBRIDGE, MA 02138-3846
Mailing address (990-N for 2024)
64 Linnaean Street, Cambridge MA 02138
Principal officer (990 for 2024)
ALAN M GARBER, MASSACHUSETTS HALL, CAMBRIDGE, MA 02138
Principal officer (990-N for 2024)
Chloe Bednar, 32 Mill Street, Cambridge MA 02138
Signed the 990
AMANDA MCDONNELL, UNIV. CONTROLLER,HARVARD UNIVERSITY
Phone
(617) 495-7792

Mission

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

990 for the year ended June 30, 2025

Program accomplishments

  • EDUCATION AND OTHER INSTITUTIONAL ACTIVITIES: HARVARD UNIVERSITY (THE "UNIVERSITY") IS A PRIVATE, NOT-FOR-PROFIT INSTITUTION OF HIGHER EDUCATION WITH APPROXIMATELY 6,980 UNDERGRADUATE AND 13,986 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.
    Expenses $5,280,926,650 · grants $882,242,109 · revenue $2,385,280,432
  • 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.
    Expenses $918,506,321 · grants $207,397,356 · revenue $96,371,409

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-N on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
04-2103580
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1967
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B500)
Assets (IRS master file)
$6,999,999,993
Income (IRS master file)
$6,999,999,993

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Chloe Bednar
June 30, 2025≤ $50,000 receipts––e-Postcard
990June 2025$8,323,235,933$7,243,390,385$79,935,301,000IRS
990-TJune 2025–––IRS
990June 2024$7,654,478,632$6,837,224,617$74,371,580,000IRS
990-TJune 2024–––IRS
990June 2023$6,051,934,438$6,253,073,686$70,647,595,000XML
990-TJune 2023–––IRS
990-N for 2021
Officer: Sean O'Reilly
June 30, 2022≤ $50,000 receipts––e-Postcard
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990-N for 2019
Officer: Patrick A Singleton
June 30, 2020≤ $50,000 receipts––e-Postcard
990June 2020–––IRS
990June 2018–––IRS
990-N for 2008
Officer: Sean O'Reilly
June 30, 2009≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2103580).

Questions about PRESIDENT AND FELLOWS OF HARVARD COLLEGE

What is the EIN of PRESIDENT AND FELLOWS OF HARVARD COLLEGE?
The employer identification number (EIN) of PRESIDENT AND FELLOWS OF HARVARD COLLEGE is 04-2103580.
Is PRESIDENT AND FELLOWS OF HARVARD COLLEGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1967.
Are donations to PRESIDENT AND FELLOWS OF HARVARD COLLEGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PRESIDENT AND FELLOWS OF HARVARD COLLEGE file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PRESIDENT AND FELLOWS OF HARVARD COLLEGE due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESIDENT AND FELLOWS OF HARVARD COLLEGE last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
Who is the principal officer of PRESIDENT AND FELLOWS OF HARVARD COLLEGE?
The 990 for the year ended June 30, 2025 names ALAN M GARBER.
Who are the officers and directors of PRESIDENT AND FELLOWS OF HARVARD COLLEGE?
The 990 for the year ended June 30, 2025 lists 38 people; 25 received compensation from the organization, the highest $1,904,006 (ROBIN J ELY, FACULTY).
How much revenue does PRESIDENT AND FELLOWS OF HARVARD COLLEGE have?
On its 990 for the year ended June 30, 2025 it reported revenue of $8,323,235,933, expenses of $7,243,390,385 and total assets of $79,935,301,000 at year end.

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