2026-05-14T12:48:59+00:00 2025-06-30 990 2024-07-01 530199180 Trustees for Harvard University TRUS 6174957792 1033 MASSACHUSETTS AVE Cambridge MA 02138 AMANDA MCDONNELL UNIV. CONTROLLER,HARVARD UNIVERSITY 6174957792 2026-05-14 2024 2025-03-06 01:10:19Z ALAN M GARBER MASSACHUSETTS HALL CAMBRIDGE MA 02138 301429035 false X X 1941 DC TO FACILITATE HARVARD UNIVERSITY'S SCIENTIFIC, LITERARY, AND EDUCATIONAL ACTIVITIES IN WASHINGTON, DC. 13 11 173 19 0 530358 664005 394778 276904 65552228 67651630 22981 28337 66500345 68620876 2207394 2003769 0 0 14648789 15563849 0 0 0 32047589 32970423 48903772 50538041 17596573 18082835 1490429047 1594177509 2655727 14659708 1487773320 1579517801 TO FACILITATE HARVARD UNIVERSITY'S SCIENTIFIC, LITERARY, AND EDUCATIONAL ACTIVITIES IN WASHINGTON, DC. false false 36989770 1400974 244906 DUMBARTON OAKS IS A MUSEUM, RESEARCH LIBRARY, AND EDUCATIONAL FACILITY FOR THE STUDY OF BYZANTINE AND MEDIEVAL HUMANITIES, PRE-COLUMBIAN ART, AND LANDSCAPE ARCHITECTURE. THE FACILITY SERVES APPROXIMATELY 64 FELLOWS. 8007786 602795 31998 CENTER FOR HELLENIC STUDIES IS AN EDUCATIONAL CENTER IN THE FIELD OF HELLENIC STUDIES DESIGNED TO REDISCOVER HUMANISM OF THE HELLENIC GREEKS. HELLENISM FOR THE CENTER ENCOMPASSES THE EVOLUTION OF THE GREEK LANGUAGE AND ITS CULTURE AS A CENTRAL POINT OF CONTACT FOR ALL OF THE DIFFERENT CIVILIZATIONS OF THE ANCIENT MEDITERRANEAN WORLD. IT ALSO INCLUDES INTERACTIONS WITH FOREIGN CULTURES AND THE DIFFUSION OF ROMAN INFLUENCES. THIS HUMANISTIC VISION ANIMATES THE CENTER'S MAIN ACTIVITIES: (1) BUILDING AND MAINTAINING A WORLD-CLASS COLLECTION OF RESOURCES FOR THE STUDY OF THE ANCIENT GRECO-ROMAN WORLD; (2) MAKING THESE RESOURCES AVAILABLE TO THE COMMUNITY OF SCHOLARS, OFFERING RESIDENTIAL AND NON-RESIDENTIAL FELLOWSHIPS TO SUPPORT RESEARCH IN THE FIELD, AND PROVIDING A VENUE WHERE THE FELLOWS AND OTHER SCHOLARS CAN COLLABORATE AND SHARE THEIR INSIGHTS WITH DIVERSE AUDIENCES BOTH AT THE CENTER AND BEYOND THROUGH SEMINARS, OTHER FORMS OF LIVE PRESENTATIONS, AND PUBLICATIONS; (3) DISSEMINATING SCHOLARSHIP ON THE HELLENIC WORLD IN PRINTED AND ELECTRONIC FORMATS AND DEVELOPING INFORMATION TECHNOLOGIES TO ENHANCE EXISTING METHODS AND PIONEER NEW AVENUES OF RESEARCH AND TEACHING; AND (4) DESIGNING AND ORCHESTRATING ACTIVITIES FOR A GLOBAL AUDIENCE WITH THE GOAL OF ENABLING A WIDE RANGE OF PARTICIPANTS, INCLUDING NON-TRADITIONAL STUDENTS, UNDERGRADUATES, GRADUATE STUDENTS, SCHOLARS FROM OTHER DISCIPLINES, AND LIFE-LONG LEARNERS TO ENGAGE IN THE STUDY AND APPRECIATION OF HELLENIC CULTURE. DURING FISCAL YEAR 2025 (JULY 1, 2024-JUNE 30, 2025), THE CENTER FOR HELLENIC STUDIES WAS ABLE TO PROVIDE THE FOLLOWING RESOURCES: SUPPORT TO RESEARCH FELLOWS AND ASSOCIATES, 35 OF WHOM VISITED OR LIVED ON CAMPUS; SUPPORT TO 21 VISITING RESEARCHERS; 39 LIBRARY READERS; FUNDING FOR 2 INTERNSHIPS IN WASHINGTON, DC; 10 HARVARD STUDENTS (UNDERGRAD AND GRAD) TO PARTICIPATE IN ITS PROGRAMS IN GREECE; ORGANIZATION OF SEMINARS, WORKSHOPS, AND CONFERENCES (8 EVENTS), WHICH WERE ATTENDED BY 191 INDIVIDUALS IN-PERSON AND 241 INDIVIDUALS VIA ZOOM. 44997556 true true false false false false false true false true true true false false true false false true false true true false true false false false false false true true false false false false false false false false false false false false false false false true false false false false true X 206 0 true 173 true false true GR false false false false false false false false false false X 13 11 true false false false false false true true true false false false true true true true true true false false false false X Office of the Controller 6174957792 1350 MASSACHUSETTS AVE STE 801 Cambridge MA 02138 ALAN M GARBER SEE SCHEDULE O 1.0 62.0 X X 0 1391448 251390 TIMOTHY R BARAKETT TRUSTEE/TREASURER 1.0 6.0 X X 0 0 0 BIDDY MARTIN TRUSTEE 1.0 5.0 X 0 0 0 DIANA L NELSON TRUSTEE 1.0 5.0 X 0 0 0 JOSEPH Y BAE TRUSTEE AS OF 07/01/24 1.0 5.0 X 0 0 0 KAREN GORDON MILLS TRUSTEE 1.0 18.0 X 0 116213 24412 KENNETH FRAZIER TRUSTEE 1.0 5.0 X 0 0 0 KENNETH I CHENAULT TRUSTEE 1.0 5.0 X 0 0 0 MARIANO-FLORENTINO CUELLAR TRUSTEE 1.0 5.0 X 0 0 0 PENNY S PRITZKER TRUSTEE 1.0 9.0 X 0 0 0 SHIRLEY M TILGHMAN TRUSTEE 1.0 5.0 X 0 0 0 THEODORE V WELLS JR TRUSTEE 1.0 5.0 X 0 0 0 TRACY PALANDJIAN TRUSTEE 1.0 6.0 X 0 0 0 MARC L GOODHEART SEE SCHEDULE O 1.0 60.0 X 0 577048 83800 SUZANNE GLASSBURN SECRETARY AS OF 06/01/25 1.0 60.0 X 0 0 0 MARK SCHIEFSKY DIRECTOR, CENTER FOR HELLENIC STUDIES 40.0 20.0 X 0 303677 280364 THOMAS BF CUMMINS DIRECTOR, DUMBARTON OAKS 60.0 0 X 302836 0 352190 DAVID CONINE DIRECTOR OF FACILITIES, DUMBARTON OAKS 60.0 0 X 181148 0 24765 KARA HAAS SENIOR DIRECTOR, FEDERAL RELATIONS 60.0 0 X 206664 0 28819 NIKOLAOS KONTOGIANNIS DIRECTOR OF BYZANTINE STUDIES 60.0 0 X 182635 0 25559 PANAGIOTA BATSAKIS EXECUTIVE DIRECTOR, DUMBARTON OAKS 60.0 0 X 236644 0 27869 SUZANNE DAY ASST. VICE PRESIDENT, FEDERAL RELATIONS 60.0 0 X 292892 0 43156 CLAUDINE GAY SEE SCHEDULE O 0.0 60.0 X 0 1397749 150802 GREGORY NAGY SEE SCHEDULE O 0.0 60.0 X 0 279083 59673 JAN M ZIOLKOWSKI SEE SCHEDULE O 0.0 60.0 X 0 238545 59044 LAWRENCE S BACOW SEE SCHEDULE O 0.0 60.0 X 0 708928 57580 1402819 5012691 1469423 34 true true false CONSIGLI CONSTRUCTION CO INC 22 COLT CT RONKONKOMA NY 11779 CONSTRUCTION SERVICES 9530623 GILBANE BUILDING COMPANY 1100 N GLEBE ROAD ARLINGTON VA 22201 CONSTRUCTION SERVICES 4882310 GARDAWORLD SECURITY SERVICES PO BOX 843886 KANSAS CITY MO 64184 SECURITY SERVICES 2234230 SELLDORF ARCHITECTS 860 BROADWAY NEW YORK NY 10003 ARCHITECT SERVICES 562852 KEEN DC LLC 9039 Sligo Creek Parkway 212 SILVER SPRING MD 20901 PROJECT MANAGEMENT SERVICES 473194 26 621759 17246 25000 664005 ADMISSIONS AND RELATED 900099 127064 127064 PUBLICATIONS & MATERIAL 511190 149840 149840 0 0 0 0 276904 3329112 3329112 28337 28337 0 0 297130677 232808159 64322518 0 64322518 64322518 0 0 0 0 0 68620876 276904 0 67679967 1676867 1676867 326902 326902 0 0 362802 181401 181401 11253603 9782898 1470705 920092 820908 99184 2165166 1666030 499136 862186 749509 112677 298854 264812 34042 218078 0 218078 55568 3440 52128 2018401 1618203 400198 0 14946 13851 1095 1149378 1057070 92308 1240324 1168167 72157 360 360 6377013 5473664 903349 804337 767054 37283 889570 855264 34306 4207917 3672405 535512 404857 211239 193618 ADMIN FEES TO HU 12903473 12903473 0 0 BOOKS AND SUBSCRIPTIONS 924150 907069 17081 0 TAXES AND FEES 739982 197970 542012 0 PUBLISHING 264998 263059 1939 458217 415941 42276 0 50538041 44997556 5540485 0 1399437 1000240 0 0 0 0 276978 365225 0 0 0 0 0 0 31928 22891 5558 253197 194193053 66684902 114533904 127508151 723256734 759568204 583885065 631801840 0 0 0 67039443 73657761 1490429047 1594177509 1687592 3535283 0 0 3765 3765 0 0 0 0 0 0 0 0 964370 11120660 2655727 14659708 251700896 260562764 1236072424 1318955037 0 0 0 0 0 0 1487773320 1579517801 1490429047 1594177509 X 18082835 83354009 -9692363 X false true true false X X 1 PRESIDENT AND FELLOWS OF HARVARD COLLEGE 042103580 2 true 9692363 0 1 9692363 0 true false false false false false false false false false false false false false false true Schedule A, Part I, Line 12f Description of Monetary Support PRESIDENT AND FELLOWS OF HARVARD COLLEGE: THE SUPPORT TO PRESIDENT AND FELLOWS OF HARVARD COLLEGE (PRESIDENT AND FELLOWS) LISTED IN COLUMN (V) OF LINE A IS REPORTED ON THE PRESIDENT AND FELLOWS' FORM 990, SCHEDULE R, PART V AS A GIFT, GRANT, OR CAPITAL CONTRIBUTION FROM A RELATED ORGANIZATION FOR THE YEAR ENDED JUNE 30, 2025. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X false 1332859000 0 150296000 2165000 54230000 10344000 1416416000 1281528000 0 116388000 935000 54156000 9966000 1332859000 1309230000 0 34907000 2027000 50938000 9644000 1281528000 1394011000 0 -25150000 1714000 49178000 8739000 1309230000 1099616000 125000 349486000 1390000 45661000 8165000 1394011000 0.09 0.035 0.875 false true true 3172680 3172680 145662421 64262660 81399761 3987129 2422242 1564887 41370823 0 41370823 127508151 Closely-held equity interests Financial derivatives PRIVATE EQUITIES 558169697 F REAL ASSETS 73632143 F 631801840 Federal Income Taxes DEPOSITS & OTHER LIABILITIES 11118587 DEFERRED REVENUE 2073 11120660 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part III, Line 1a WORKS OF ART THE UNIVERSITY'S VAST ARRAY OF MUSEUMS AND LIBRARIES HOUSES PRICELESS WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS, AND ARTIFACTS. THESE COLLECTIONS ARE PROTECTED AND PRESERVED FOR PUBLIC EXHIBITION, EDUCATION, RESEARCH, AND THE FURTHERANCE OF PUBLIC SERVICE. THEY ARE NEITHER DISPOSED OF FOR FINANCIAL GAIN NOR ENCUMBERED IN ANY MANNER. ACCORDINGLY, SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES. Schedule D, Part III, Line 4 Collections of art - description of collections CENTER FOR HELLENIC STUDIES COLLECTIONS THE CENTER FOR HELLENIC STUDIES COLLECTIONS IS MAINLY A LIBRARY COLLECTION COMPRISING APPROXIMATELY 65,000 VOLUMES IN THE FIELD OF HELLENIC STUDIES COVERING A WIDE RANGE OF DISCIPLINES. THE LIBRARY COLLECTION IS A VALUABLE RESOURCE TO RESEARCHERS. DUMBARTON OAKS COLLECTIONS THE DUMBARTON OAKS MUSEUM COMPRISES THREE COLLECTIONS (THE BYZANTINE COLLECTION, THE ROBERT WOODS BLISS COLLECTION OF PRE-COLUMBIAN ART, AND THE HOUSE COLLECTION). THE DUMBARTON OAKS MUSEUM HAS 35,000 OBJECTS RECORDED AND MANAGED THROUGH AN ELECTRONIC DATABASE IN A WIDE RANGE OF MEDIA - MINOR ART, SCULPTURE, ANTIQUE FURNITURE, TEXTILES AND WALL TAPESTRIES, FLOOR MOSAICS, PRINTS, PAINTING AND MONUMENTAL FRESCO REPLICA PAINTING COMING FROM EUROPE, MIDDLE AND SOUTH AMERICA, NORTH AMERICA, AND ASIA. THE DUMBARTON OAKS MUSEUM'S COLLECTIONS ARE AN IMPORTANT RESOURCE FOR THE SCHOLARLY COMMUNITY OF THE DUMBARTON OAKS RESEARCH INSTITUTE AS WELL AS TO STUDENTS AND A BROADER GENERAL PUBLIC. THE MISSION OF THE DUMBARTON OAKS MUSEUM IS TO CONNECT SCHOLARS WITH ART AND ART SCHOLARSHIP WITH THE PUBLIC. THROUGH AN ACTIVE PROGRAM OF RESEARCH AND EXHIBITIONS, THE MUSEUM STRIVES TO ADVANCE KNOWLEDGE AND STIMULATE APPRECIATION OF ART BY ENGAGING VISITORS AESTHETICALLY, VISUALLY, AND INTELLECTUALLY. Schedule D, Part V, Line 4 Intended uses of endowment funds THE PRIMARY GOAL OF THE ENDOWMENT IS TO SUPPORT TRUSTEES' MISSION OF FACILITATING HARVARD UNIVERSITY'S SCIENTIFIC, LITERARY, AND EDUCATIONAL ACTIVITIES IN WASHINGTON, DC. true Central America and the Caribbean Grantmaking 3123 Central America and the Caribbean Program Services EDUCATIONAL ACTIVITIES 1091 East Asia and the Pacific Program Services EDUCATIONAL ACTIVITIES 15198 Europe (Including Iceland and Greenland) Grantmaking 245910 Europe (Including Iceland and Greenland) 3 7 Program Services EDUCATIONAL ACTIVITIES 241961 North America (Canada & Mexico only) Grantmaking 19123 North America (Canada & Mexico only) Program Services EDUCATIONAL ACTIVITIES 18828 South America Grantmaking 58746 South America Program Services EDUCATIONAL ACTIVITIES 46071 South Asia Program Services EDUCATIONAL ACTIVITIES 1296 3 7 0 0 3 7 651347 0 651347 FELLOWSHIPS Central America and the Caribbean 2 3123 EFT OR CHECK FELLOWSHIPS Europe (Including Iceland and Greenland) 28 200490 EFT OR CHECK FELLOWSHIPS North America (Canada & Mexico only) 2 19123 EFT OR CHECK FELLOWSHIPS South America 4 58746 EFT OR CHECK STIPENDS, SCHOLARSHIPS, AND RESEARCH-RELATED REIMBURSEMENTS Europe (Including Iceland and Greenland) 9 45420 EFT OR CHECK false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds ALL DISBURSEMENTS MADE BY THIS INSTITUTION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY AUTHORIZED COMMITTEES OR INDIVIDUALS. ALL SCHOLARSHIPS ARE REVIEWED AND APPROVED BY HARVARD'S FINANCIAL AID OFFICES. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual Schedule F, Part III Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN -Accrual EUROPE (INCLUDING ICELAND AND GREENLAND) -Accrual NORTH AMERICA (CANADA & MEXICO ONLY) -Accrual SOUTH AMERICA -Accrual true STIPENDS - POST-DOC. STUDENTS & FELLOWS 30 557375 FELLOWSHIPS 37 1119492 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds ALL DISBURSEMENTS MADE BY THIS INSTITUTION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY AUTHORIZED COMMITTEES OR INDIVIDUALS. X true true false false false false false false false true false CLAUDINE GAY SEE SCHEDULE O 0 1385191 0 0 0 12558 0 43320 0 107482 0 1548551 0 0 LAWRENCE S BACOW SEE SCHEDULE O 0 692727 0 0 0 16201 0 43320 0 14260 0 766508 0 0 ALAN M GARBER SEE SCHEDULE O 0 1385981 0 0 0 5467 0 43320 0 208070 0 1642838 0 0 MARC L GOODHEART SEE SCHEDULE O 0 522239 0 30000 0 24809 0 52047 0 31753 0 660848 0 0 GREGORY NAGY SEE SCHEDULE O 0 278315 0 0 0 768 0 34960 0 24713 0 338756 0 0 JAN M ZIOLKOWSKI SEE SCHEDULE O 0 215065 0 0 0 23480 0 29137 0 29907 0 297589 0 0 THOMAS BF CUMMINS DIRECTOR, DUMBARTON OAKS 302568 0 0 0 268 0 0 37592 314598 0 617434 37592 0 0 MARK SCHIEFSKY DIRECTOR, CENTER FOR HELLENIC STUDIES 0 263537 0 0 0 40140 0 36157 215893 28314 215893 368148 0 0 SUZANNE DAY ASST. VICE PRESIDENT, FEDERAL RELATIONS 286640 0 5500 0 752 0 0 34959 8197 0 301089 34959 0 0 PANAGIOTA BATSAKIS EXECUTIVE DIRECTOR, DUMBARTON OAKS 231462 0 5000 0 182 0 0 27714 155 0 236799 27714 0 0 KARA HAAS SENIOR DIRECTOR, FEDERAL RELATIONS 196411 0 10000 0 253 0 0 21267 7552 0 214216 21267 0 0 NIKOLAOS KONTOGIANNIS DIRECTOR OF BYZANTINE STUDIES 173441 0 9000 0 194 0 0 19214 6345 0 188980 19214 0 0 DAVID CONINE DIRECTOR OF FACILITIES, DUMBARTON OAKS 172603 0 8500 0 45 0 0 19120 5645 0 186793 19120 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use TRUSTEES FOR HARVARD UNIVERSITY PROVIDED DIRECTOR THOMAS CUMMINS WITH A RESIDENCE IN WASHINGTON D.C. AND REQUIRES ITS USE AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF TRUSTEES. THE TOTAL ESTIMATED VALUE OF THE ANNUAL PERSONAL USE OF THE RESIDENCE IS $292,223 AND IS REPORTED AS A NONTAXABLE BENEFIT IN PART VII, LINE 1A AND SCHEDULE J, PART II. TRUSTEES FOR HARVARD UNIVERSITY PROVIDED PROFESSOR SCHIEFSKY WITH A RESIDENCE IN WASHINGTON D.C. AND REQUIRES ITS USE AS A CONDITION OF EMPLOYMENT FOR THE CONVENIENCE OF TRUSTEES. THE TOTAL ESTIMATED VALUE OF THE ANNUAL PERSONAL USE OF THE RESIDENCE IS $215,893 AND IS REPORTED AS A NONTAXABLE BENEFIT IN PART VII, LINE 1A AND SCHEDULE J, PART II. Schedule J, Part I, Line 7 Non-fixed payments TRUSTEES FOR HARVARD UNIVERSITY OFFERS INCENTIVE COMPENSATION FOR OUTSTANDING PERFORMANCE. BONUS AND INCENTIVE PAYMENTS FOR EMPLOYEES ARE LISTED IN PART II, COLUMN (B)(II), ROW (I). ADDITIONALLY, PRESIDENT AND FELLOWS OF HARVARD COLLEGE OFFERS INCENTIVE COMPENSATION FOR OUTSTANDING PERFORMANCE. BONUS AND INCENTIVE PAYMENTS FROM PRESIDENT AND FELLOWS OF HARVARD COLLEGE FOR EMPLOYEES ARE LISTED IN PART II, COLUMN (B)(II), ROW (II). Schedule J, Part I, Line 3 Compensation Review Process AS DISCUSSED IN SCHEDULE O, OFFICERS ARE NOT COMPENSATED IN THEIR CAPACITY AS OFFICERS OF TRUSTEES FOR HARVARD UNIVERSITY. TRUSTEES' OFFICERS ALSO SERVE AS OFFICERS OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE. Form 990, Part VI, Line 2 FAMILY OR BUSINESS RELATIONSHIP THE GOVERNING BOARD OF TRUSTEES FOR HARVARD UNIVERSITY IS COMPRISED OF THE SAME INDIVIDUALS AS THE GOVERNING BOARD OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE. CERTAIN OFFICERS, TRUSTEES, AND KEY EMPLOYEES OF TRUSTEES FOR HARVARD UNIVERSITY ARE EMPLOYED BY PRESIDENT AND FELLOWS OF HARVARD COLLEGE, INCLUDING PRESIDENT GARBER, OFFICERS GOODHEART AND GLASSBURN, TRUSTEE MILLS, AND KEY EMPLOYEE SCHIEFSKY. KEY EMPLOYEE SCHIEFSKY HAS A FACULTY APPOINTMENT AT THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE. Form 990, Part VI, Line 15 DETERMINING COMPENSATION TRUSTEES IS SUBJECT TO THE SAME POLICIES AND PROCEDURES AS THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE FOR DETERMINING AND REVIEWING COMPENSATION OF ITS OFFICERS. THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE HAS DISCLOSED IN ITS FORM 990 THE PROCESS UNDERTAKEN TO DETERMINE COMPENSATION. OFFICERS ARE NOT COMPENSATED IN THEIR CAPACITY AS OFFICERS OF TRUSTEES FOR HARVARD UNIVERSITY. CERTAIN OFFICERS OF THE FILING ORGANIZATION ALSO SERVE AS OFFICERS OF THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE AND ARE COMPENSATED BY PRESIDENT AND FELLOWS OF HARVARD COLLEGE FOR SERVICES PERFORMED FOR THAT ORGANIZATION. EACH KEY EMPLOYEE OF TRUSTEES IS ALSO A HARVARD UNIVERSITY FACULTY MEMBER WITHIN THE FACULTY OF ARTS AND SCIENCES AND THE PROCESS FOR DETERMINING COMPENSATION IS DESCRIBED BELOW: THE SALARIES OF THE KEY EMPLOYEES ARE SET ANNUALLY BY THE DIVISIONAL DEAN AND APPROVED BY THE DEAN OF THE FACULTY OF ARTS AND SCIENCES (FAS). THE PROCESS FOLLOWS THAT IN PLACE FOR ALL FAS FACULTY MEMBERS. THE AMOUNT IS SET ON A STANDARD 9-MONTH BASIS, AND DOES NOT INCLUDE ANY DIRECT RECOGNITION OF DIRECTOR DUTIES. IN RECOGNITION OF THEIR RESPECTIVE ROLES, EACH KEY EMPLOYEE IS PROVIDED WITH A SUPPLEMENTAL COMPENSATION AMOUNT WHICH IS INCLUDED IN THE FIGURES REPORTED ON PART VII AND SCHEDULE J. IN ADDITION, BOTH INDIVIDUALS ARE ELIGIBLE TO EARN SALARY DURING THE SUMMER MONTHS, PROVIDED THEY HAVE EXTERNAL FUNDING. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders CERTAIN ACTIONS OF THE TRUSTEES GOVERNING BODY, SUCH AS THE ELECTION OF NEW DIRECTORS AND AMENDMENTS TO THE CORPORATE STATUTES, ARE SUBJECT TO THE CONSENT OF HARVARD UNIVERSITY'S BOARD OF OVERSEERS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE TRUSTEES FOR HARVARD UNIVERSITY FORM 990 WAS REVIEWED BY THE UNIVERSITY'S TAX RETURN REVIEW COMMITTEES, COMPRISING SENIOR FINANCE STAFF AND INTERNAL AND EXTERNAL COUNSEL. THE FORM 990 WAS ALSO REVIEWED BY THE UNIVERSITY'S JOINT COMMITTEE ON INSPECTION, CONSISTING OF MEMBERS OF THE HARVARD CORPORATION AND THE BOARD OF OVERSEERS. THE FINAL FORM 990 WAS PROVIDED TO THE ENTIRE BOARD OF THE FILING ORGANIZATION BEFORE IT WAS FILED. Form 990, Part VI, Line 12c Conflict of interest policy TRUSTEES IS SUBJECT TO THE SAME CONFLICT OF INTEREST POLICIES AND PROCEDURES AS THE PRESIDENT AND FELLOWS OF HARVARD COLLEGE. ANNUALLY, HARVARD UNIVERSITY'S OFFICE OF THE GENERAL COUNSEL DISTRIBUTES A POLICY ON CONFLICTS OF INTEREST AND COMMITMENT FOR SENIOR OFFICERS AND SENIOR ADMINISTRATORS, AND AN ANNUAL DISCLOSURE FORM, TO THE INDIVIDUALS SUBJECT TO THE POLICY. THE COMPLETED FORMS ARE REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. A PARALLEL PROCESS IS CARRIED OUT ANNUALLY BY THE OFFICE OF THE GOVERNING BOARDS FOR THE UNIVERSITY'S CORPORATE DIRECTORS, WHO ARE THE SAME INDIVIDUALS THAT SERVE ON THE GOVERNING BOARD FOR THE FILING ORGANIZATION. THE COMPLETED FORMS OF DIRECTORS ARE REVIEWED BY BOTH THE OFFICE OF THE GENERAL COUNSEL AND THE SECRETARY OF THE UNIVERSITY. Form 990, Part VI, Line 19 Required documents available to the public TRUSTEES FOR HARVARD UNIVERSITY'S FINANCIAL STATEMENTS ARE INCORPORATED IN HARVARD UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS, WHICH ARE AVAILABLE ON HARVARD UNIVERSITY'S WEBSITE. HARVARD UNIVERSITY'S CONFLICT OF INTEREST POLICY IS AVAILABLE ON HARVARD'S INTRANET, ACCESSIBLE TO MEMBERS OF THE HARVARD COMMUNITY. TRUSTEES' CHARTER IS AVAILABLE UPON REQUEST. Form 990, Part VII, Section A, Line 1a, Column (B) AVERAGE HOURS PER WEEK THE UNIVERSITY DOES NOT TRACK HOURS WORKED BY TRUSTEES, OFFICERS, KEY EMPLOYEES OR HIGHEST COMPENSATED EMPLOYEES. THE AVERAGE HOURS WORKED REPORTED ON PART VII, LINE 1A, COLUMN (B) ARE ESTIMATES, WITH 60 HOURS PER WEEK REPRESENTING FULL TIME EMPLOYMENT. ACTUAL HOURS WORKED PER WEEK MAY VARY. THE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATIONS REPRESENTS AN ESTIMATE OF TIME THE INDIVIDUAL SPENDS IN HIS/HER CAPACITY AS A MEMBER OF THE BOARD OF DIRECTORS AND/OR AS AN EMPLOYEE OF HARVARD AFFILIATES. Form 990, Part VII, Section A, Line 1a, Column (A) TITLE ALAN GARBER WAS INTERIM PRESIDENT FROM JANUARY 2, 2024 THROUGH AUGUST 1, 2024 AND THEN OFFICIALLY BECAME PRESIDENT. PRESIDENT GAY WAS PRESIDENT UNTIL JANUARY 1, 2024, WHEN SHE BEGAN A POST-PRESIDENTIAL SABBATICAL BEFORE RETURNING TO THE FACULTY AS PROFESSOR OF GOVERNMENT AND OF AFRICAN AND AMERICAN STUDIES AT PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED ORGANIZATION, ON JANUARY 2, 2025. LAWRENCE S. BACOW WAS PRESIDENT UNTIL JULY 1, 2023 AND THEN BEGAN HIS ROLE AS PRESIDENT EMERITUS AND PROFESSOR OF PUBLIC POLICY AT PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED ORGANIZATION. MARC L. GOODHEART WAS SECRETARY UNTIL JUNE 1, 2025 AND THEN BEGAN HIS ROLE AS V.P. AND SENIOR ADVISOR TO THE PRESIDENT AND PROVOST AT PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED ORGANIZATION. GREGORY NAGY WAS DIRECTOR OF CENTER FOR HELLENIC STUDIES UNTIL JULY 1, 2021 AND THEN BEGAN HIS NEW ROLE AS FACULTY OF ARTS AND SCIENCES AT PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED ORGANIZATION. JAN ZIOLKOWSKI WAS DIRECTOR OF DUMBARTON OAKS UNTIL JULY 1, 2020 AND THEN RETURNED TO HIS ROLE AS FACULTY OF ARTS AND SCIENCES AT PRESIDENT AND FELLOWS OF HARVARD COLLEGE, A RELATED ORGANIZATION. Form 990, Part XI, Line 9 Other changes in net assets or fund balances TRANSFERS TO RELATED ORGANIZATIONS - -9692363; Total - -9692363; Form 990, Part XII, Line 2b FINANCIAL STATEMENTS AND REPORTING HARVARD UNIVERSITY'S FINANCIAL STATEMENTS INCLUDE THE ACTIVITIES OF CERTAIN SUBSIDIARIES THAT FILE SEPARATE TAX RETURNS, INCLUDING TRUSTEES FOR HARVARD UNIVERSITY. THE FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED JUNE 30, 2025 WERE AUDITED BY AN INDEPENDENT ACCOUNTANT. Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS ALL DISBURSEMENTS MADE BY THIS INSTITUTION IN FURTHERANCE OF ITS EXEMPT PROGRAMS ARE REVIEWED AND APPROVED BY AUTHORIZED COMMITTEES OR INDIVIDUALS. ALL SCHOLARSHIPS ARE REVIEWED AND APPROVED BY HARVARD'S FINANCIAL AID OFFICES. 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