Harvard Endowment Hits Record $56.9 Billion Despite Operating Deficit Amid Federal Funding Turmoil
Harvard University’s endowment reached $56.9 billion with an 11.9% return in fiscal year 2025, marking significant growth. However, the institution reported its first operating deficit since 2020, totaling $113 million, attributed to federal funding suspensions and rising operational costs. University officials described the year as “extraordinarily challenging” despite record gift contributions.
Endowment Performance and Financial Results
Harvard University’s financial endowment reportedly grew by 11.9% to reach $56.9 billion in fiscal year 2025, according to the university’s recently released financial report. The endowment gained $3.7 billion during the fiscal year ending June 30, 2025, surpassing last year’s 9.6% return and exceeding the institution’s long-term goal of 8%. Analysts suggest the portfolio has averaged an annualized return of 9.6% over the past eight years.
