Harvard University’s request for an endowment tax cut was denied despite frequent lobbying to Senate Democrats for its inclusion in the Inflation Reduction Act.
The Senate passed the Inflation Reduction Act of 2022 with tax increases on corporations and energy firms but did not include plans to lower the endowment tax, which is tax paid on income from individual donors to colleges, according to the bill. Senior Executive Director of Federal Relations at Harvard University Suzanne Day sent an email in July urging Democratic Senators to eliminate the tax in the upcoming bill.
Harvard University will allocate $100 million to study and address its history with slavery, according to a Tuesday announcement from the university’s president.
The university released a report from the Committee on Harvard and the Legacy of Slavery and announced a $100 million fund to implement the report’s recommendations, according to an announcement from President Larry Bacow. The report listed numerous recommendations including how Harvard “can redress” its “legacies with slavery” through teaching, research and service.
A prominent Harvard professor was found guilty Tuesday of lying about his ties to China, The Wall Street Journal reported.
Charles Lieber, a scientist in Harvard University’s chemistry and engineering departments, was found guilty on six counts of lying related to his work at the Wuhan University of Technology, the WSJ reported.
Lieber was first arrested by federal authorities in January 2020 and charged with making false statements regarding his participation in the Thousand Talents Plan, a Chinese recruitment program that aims to foster foreign academic talent. The Department of Justice (DOJ) alleged that Lieber was paid by the Wuhan University of Technology (WUT) “$50,000 USD per month, living expenses of up to 1,000,000 Chinese Yuan (approximately $158,000 USD at the time) and awarded him more than $1.5 million to establish a research lab at WUT.”
The founder of the controversial, Mark Zuckerberg-backed election group Center for Tech and Civic Life was a fellow at a Harvard University think tank which receives funding from Chinese Communist Party-linked firms.
The CTCL was founded in 2012 by Tiana Epps-Johnson, a 2015-16 Technology and Democracy Fellow at Kennedy School of Government’s Ash Center, which is partly funded by several Chinese Communist Party-affiliated enterprises, according to the National Pulse.
Two officials who oversee detention camps accused of committing genocide against Uyghur Muslims in Xinjiang, China, previously received fellowships from Harvard University, according to research by an Australian think-tank, The Financial Times reported.
Between 2010 and 2011, Yao Ning studied as an Asia fellow at Harvard University’s Ash Center for Democratic Governance and Innovation while pursuing a doctorate degree, according to a report by the Australian Strategic Policy Institute (ASPI), the Times reported.
Harvard University announced Thursday that its endowment grew by $11.3 billion to a record $53.2 billion during the fiscal year ending in June, a year-over-year increase of 33.6%.
The announcement comes after Harvard, which runs the nation’s largest private university endowment, defeated a lawsuit from students who took umbrage with the school’s decision to not offer partial tuition refunds when it moved to online-only classes during the early stages of the COVID-19 pandemic.
“Fiscal year 2021 was an extraordinary year. Public and private markets both continued their strong performance, which allowed the endowment to not only increase its distribution to the University, but also continue to grow during this critical time when pandemic-related financial pressures challenge all of higher education,” Harvard Management Company Chief Executive N.P. Narvekar said in a report Thursday.
Harvard University has selected a man who does not believe in God to be the school’s chief chaplain.
Chief Chaplain Greg Epstein is the author of “Good Without God: What a Billion Nonreligious People Do Believe.” He also serves as Harvard’s Humanist Chaplain, the Massachusetts Institute of Technology (MIT) humanist chaplain, and as Convener for Ethical Life at the MIT Office of Religious, Spiritual, and Ethical Life.
Earlier this week, Florida State University (FSU) announced the Board of Trustees unanimously voted for Richard McCullough to be the next president. The Florida Board of Governors still has to approve the verdict.
McCullough currently serves as Vice Provost at Harvard University, as well as being the strategic developer for the university’s research initiatives. Specifically, the university’s website dictates his role as to ““encourage, cultivate, and coordinate high impact academic research across all of Harvard’s schools and affiliated institutions.”
Two years ago, student leaders at the Harvard Crimson campus newspaper called on faculty to hire more conservatives in the wake of a survey that found only 1.6 percent of the Faculty of Arts and Sciences identify as conservative or very conservative.
It’s 2021, and nothing much has changed.
The Crimson’s latest survey of faculty found just seven professors identify as “somewhat” or “very conservative,” roughly 3 percent of survey respondents.