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Trustees for Harvard University

Cambridge, MA · EIN 53-0199180 · 501(c)(3) · School
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Trustees for Harvard University reported $68.6 million in revenue and $50.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $89.04 went to program services, $10.96 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 98.6% of the total. The highest compensation it reported for one person was $1,642,838 (SEE SCHEDULE O). 34 people received more than $100,000 in reportable compensation. Revenue rose 14% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $51M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $69M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
89.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
11.0%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.4%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,642,838$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.25%1.28%
People paid over $100,000
Part VII, line 2
348
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
375.013.3
Independent voting board members
Part VI 1a–1b
11 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$37M expenses · 82.2% of program spending · grants $1.4M · revenue $245K

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

$8.0M expenses · 17.8% of program spending · grants $603K · revenue $31,998

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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
SEE SCHEDULE O
Director/trustee, officer, 1.0 hrs/week
$0$1,391,448$251,390$1,642,838
SEE SCHEDULE O
Former, 0.0 hrs/week
$0$1,397,749$150,802$1,548,551
SEE SCHEDULE O
Former, 0.0 hrs/week
$0$708,928$57,580$766,508
SEE SCHEDULE O
Officer, 1.0 hrs/week
$0$577,048$83,800$660,848
DIRECTOR, DUMBARTON OAKS
Key employee, 60.0 hrs/week
$302,836$0$352,190$655,026
DIRECTOR, CENTER FOR HELLENIC STUDIES
Key employee, 40.0 hrs/week
$0$303,677$280,364$584,041
SEE SCHEDULE O
Former, 0.0 hrs/week
$0$279,083$59,673$338,756
ASST. VICE PRESIDENT, FEDERAL RELATIONS
Highest compensated employee, 60.0 hrs/week
$292,892$0$43,156$336,048

34 people received more than $100,000 in reportable compensation from Trustees for Harvard University (Part VII, line 2). Compensation of current officers, directors and key employees totaled $363K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$69M$51M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$69M$51M89.0%$1.58B$1,642,838
FY2024 ⓘ$67M$49M90.1%$1.49B$3,080,733
FY2023 ⓘ$65M$45M90.2%$1.43B$1,757,109
FY2022 ⓘ$66M$43M89.7%$1.45B$1,330,200
FY2021 ⓘ$57M$41M90.6%$1.52B$1,132,942
FY2020 ⓘ$60M$40M92.2%$1.22B$1,224,889

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5173
  • Volunteers Part I, line 619

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
CONSIGLI CONSTRUCTION CO INC
Construction services
$9,530,623
GILBANE BUILDING COMPANY
Construction services
$4,882,310
GARDAWORLD SECURITY SERVICES
Security services
$2,234,230
SELLDORF ARCHITECTS
Architect services
$562,852
KEEN DC LLC
Project management services
$473,194

Individuals listed as contractors are left out. 26 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Trustees for Harvard University totaling $325K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Trustees for Harvard University's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Trustees for Harvard University, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Massachusetts

Questions people ask

How much of Trustees for Harvard University's spending goes to programs?

In the fiscal year ending June 30, 2025, Trustees for Harvard University reported that 89.0% of its $50.5 million in expenses went to program services, 11.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Trustees for Harvard University pay its top executive?

The largest total compensation Trustees for Harvard University reported for one person in the fiscal year ending June 30, 2025 was $1,642,838, for the role of SEE SCHEDULE O (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Trustees for Harvard University get its money?

Of $68.6 million in revenue in the fiscal year ending June 30, 2025, 1.0% came from contributions and grants (including 0.0% from government grants) and 0.4% from program service revenue (Form 990, Part VIII).

Is Trustees for Harvard University a registered charity?

The IRS lists EIN 53-0199180 as a 501(c)(3) organization (school), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202601349349307015 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541349349309494 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431309349304763 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321319349302687 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202201329349304070 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302685 · read the filing

All filings for EIN 53-0199180: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.