Can Harvard’s Billions Withstand Trump’s Federal Funding Fight?
At Harvard, federal dollars make up 11% of revenue and support research on AIDS, cancer and organ transplants.
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Harvard University’s balance sheet — fortified to withstand surprise blows — is facing an unprecedented test as it faces off with the Trump administration.
The wealthiest US college has long hoarded cash and built its budget to withstand “shocks” as the Ivy League school put it in its financial statement. It’s armed with pristine credit ratings and a $53 billion endowment — the most of any school.