President and Fellows of Harvard College

Form 990Tax year 2022EIN 04-2103580501(c)(3)

Filed May 9, 2024 · period ending Jun 30, 2023

IRS record

End-of-year assets

$70,647,595,000

Net assets $59,486,728,000

Total revenue

$6,051,934,438

Expenses $6,253,073,686

Officer compensation

$14,742,758

35 listed · 25 paid

Contractors listed

971 paid over $100K

Organization

Legal name: President and Fellows of Harvard College
Website: www.harvard.edu
Principal officer: —
Phone: 6174957792
Formed: 1650
State of domicile: MA
Employees: 37,629
Volunteers: 10,000
Address: 1033 MASSACHUSETTS AVENUE 3RD FL · CAMBRIDGE, MA, 02138
Mission: UNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION AND RESEARCH ACROSS A BROAD ARRAY OF ACADEMIC DOMAINS.

Financial activity

Contributions$1,872,364,529

Program service revenue$2,300,718,808

Investment income$1,769,569,766

Total revenue$6,051,934,438

Grants paid$888,636,059

Salaries and benefits$2,883,517,726

Officer compensation$14,742,758

Total expenses$6,253,073,686

Investment management fees$128,722,073

Legal fees$19,518,233

Accounting fees$2,968,992

Other fees for services$507,949,247

Beginning assets$70,774,664,000

Ending assets$70,647,595,000

Liabilities$11,160,867,000

Net assets$59,486,728,000

Publicly traded securities$31,299,935,000

Other securities$25,915,704,000

Officers, directors and key employees

Compensation by person

KATHERINE N LAPP$2M
ROHIT DESHPANDE$2M
WALTER C KESTER$2M
LAWRENCE S BACOW$2M
DAVID J MALAN$1M
ALAN M GARBER$1M
MIHIR A DESAI$1M
Other (18 more)$12M

Independent contractors

Compensation by contractor

YOH SERVICES INC$64M
LEE KENNEDY CO INC$52M
SECURITAS SECURITY$33M
RESTAURANT ASSOCIATES INC$31M
C&W FACILITY SERVICES INC$30M

Part VII Section B · highest paid

Independent contractors

Contractor	Services	Location	Compensation
YOH SERVICES INC	EMPLOYMENT SERVICES	PHILADELPHIA, PA	$64,038,461
LEE KENNEDY CO INC	CONSTRUCTION CONTRACTOR	QUINCY, MA	$52,200,194
SECURITAS SECURITY	SECURITY SERVICES	NEW YORK, NY	$32,681,623
RESTAURANT ASSOCIATES INC	DINING SERVICES	NEW YORK, NY	$31,200,665
C&W FACILITY SERVICES INC	FACILITY SERVICES	NEEDHAM, MA	$30,283,217

Part VII Section A

Officers, directors and key employees

Name	Role	Hours / week	Compensation	From related orgs	Other
LAWRENCE S BACOWPRESIDENT	Trustee or directorOfficer	60	$1,333,866	$0	$423,243
PAUL J FINNEGANFELLOW/TREASURER	Trustee or directorOfficer	5	$0	$0	$0
BIDDY MARTINFELLOW	Trustee or director	5	$2,083	$0	$0
DAVID M RUBENSTEINFELLOW	Trustee or director	5	$0	$0	$0
DIANA L NELSONFELLOW	Trustee or director	5	$0	$0	$0
KAREN GORDON MILLSFELLOW; SENIOR FELLOW AT HBS	Trustee or director	45	$170,482	$0	$33,135
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
ALAN M GARBERPROVOST	Officer	60	$884,365	$0	$238,402
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
KATHERINE N LAPPEXECUTIVE VICE PRESIDENT UNTIL 08/05/22	Officer	60	$2,347,789	$0	$46,759
KLARA JELINKOVAV.P. AND CHIEF INFORMATION OFFICER	Officer	60	$553,994	$0	$67,023
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
MARTHA WHITEHEADV.P. FOR THE HARVARD LIBRARY	Officer	60	$415,046	$0	$62,104
MEREDITH WEENICKEXECUTIVE VICE PRESIDENT AS OF 08/06/22	Officer	60	$625,257	$0	$49,945
PAUL ANDREWV.P. PUBLIC AFFAIRS AND COMM.	Officer	60	$542,989	$0	$71,451
SEAN CARONV.P. FOR CAMPUS SERVICES AS OF 01/03/23	Officer	60	$287,486	$0	$67,280
THOMAS J HOLLISTERV.P. FOR FINANCE AND C.F.O.	Officer	60	$630,779	$0	$72,261
CLAUDINE GAYDEAN, FACULTY OF ARTS & SCIENCES	Key employee	60	$679,638	$0	$271,735
GEORGE Q DALEYDEAN, FACULTY OF MEDICINE	Key employee	60	$931,184	$0	$39,013
SRIKANT M DATARDEAN, FACULTY OF BUSINESS	Key employee	60	$837,798	$0	$188,847
DAVID J MALANFACULTY	Highest compensated	60	$1,330,171	$0	$51,434
MIHIR A DESAIFACULTY	Highest compensated	48	$1,023,888	$24,900	$40,445
ROHIT DESHPANDEFACULTY	Highest compensated	48	$2,167,890	$13,500	$52,742
VILANGADU G NARAYANANFACULTY	Highest compensated	48	$956,641	$38,000	$73,178
WALTER C KESTERFACULTY	Highest compensated	60	$2,053,063	$0	$66,085
DREW GILPIN FAUSTSEE SCHEDULE O	Former	60	$395,290	$0	$66,383
MICHAEL D SMITHSEE SCHEDULE O	Former	60	$490,616	$0	$65,549