TRUSTEES FOR HARVARD UNIVERSITY: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
TRUSTEES FOR HARVARD UNIVERSITY (EIN 53-0199180)
Tax period
2009-07-01 to 2010-06-30
Filed
2011-05-13
IRS object ID
201131339349303143
Schema version
2009v1.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-05-13T13:55:29-05:00Timestamp
Tax Period End Date2010-06-30TaxPeriodEndDate
Return Type990ReturnType
Tax Period Begin Date2009-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN530199180EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Trustees for Harvard UniversityBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlTRUSNameControl
Phone6174953976Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11033 Massachusetts Avenue ThirdAddressLine1
Address Line2FloorAddressLine2
CityCambridgeCity
StateMAState
ZIP Code02138ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameMaureen H ForresterName
TitleControllerTitle
Phone6174953976Phone
Date Signed2011-05-13DateSigned
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonDrew Gilpin FaustNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1Massachusetts HallAddressLine1
CityCambridgeCity
StateMAState
ZIP Code02138ZIPCode
FieldValueIRS element (for citing)
Gross Receipts1323427832GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web Siten/aWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1941YearFormation
State Legal DomicileDCStateLegalDomicile
Activity Or Mission DescriptionTO FACILITATE HARVARD UNIVERSITY'S SCIENTIFIC, LITERARY, AND EDUCATIONAL ACTIVITIES IN WASHINGTON, DC.ActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members6NbrIndependentVotingMembers
Total Nbr Employees202TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year6547544ContributionsGrantsPriorYear
Contributions Grants Current Year6227890ContributionsGrantsCurrentYear
Program Service Revenue Prior Year565933ProgramServiceRevenuePriorYear
Program Service Revenue CY693715ProgramServiceRevenueCY
Investment Income Prior Year-108852823InvestmentIncomePriorYear
Investment Income Current Year10345892InvestmentIncomeCurrentYear
Other Revenue Prior Year35343OtherRevenuePriorYear
Other Revenue Current Year11439OtherRevenueCurrentYear
Total Revenue Prior Year-101704003TotalRevenuePriorYear
Total Revenue Current Year17278936TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year1119642GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY1081070GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year9086319SalariesEtcPriorYear
Salaries Etc Current Year9176065SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year16789159OtherExpensePriorYear
Other Expenses Current Year16885959OtherExpensesCurrentYear
Total Expenses Prior Year26995120TotalExpensesPriorYear
Total Expenses Current Year27143094TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-128699123RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-9864158RevenuesLessExpensesCY
Total Assets BOY767831365TotalAssetsBOY
Total Assets EOY807775643TotalAssetsEOY
Total Liabilities BOY654503TotalLiabilitiesBOY
Total Liabilities EOY765162TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY767176862NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY807010481NetAssetsOrFundBalancesEOY
Mission DescriptionTo facilitate Harvard University's scientific, literary, and educational activities in Washington, DC.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense18485321Expense
Grants642441Grants
Revenue510417Revenue
DescriptionDumbarton Oaks is a museum, research library, and educational facility for the study of Byzantine and medieval humanities, pre-Colombian Art, and landscape architechture. The facility serves approximately 35 fellows.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense4517194Expense
Grants438629Grants
Revenue183298Revenue
DescriptionCenter 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 Mediteranean 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 maintaning a world-class collection of resources for the study of the ancient Greco-Roman world; (2) making these resources available to the community of scholars, offering residential and non-residential fellowships to support research in the field, and providing a venue where the fellows and other scholars can collaborate and share thier insights with diverse audiences both at the center and beyond through seminars, other forms of live presentations, and publications; (3) disseminating scholarship on the Hellenic world in printed and electronic formats and developing information technologies to enhance existing methods and pioneer new avenues of research and teaching; and (4) designing and orchestrating activities for a global audience with the goal of enabling a wide range of participants, including non-traditional students, undergraduates, graduate students, scholars from other disciplines, and life-long learners to engage in the study and appreciation of Hellenic culture. The center serves approximately eleven fellows.Description
FieldValueIRS element (for citing)
Total Program Service Expense23002515TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities0LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office1ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals1MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With109695NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees202NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryGRNameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members6NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1OFFICE OF THE CONTROLLERBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6174953976TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11033 MASSACHUSETTS AVE 3RD FLAddressLine1
CityCAMBRIDGECity
StateMAState
ZIP Code02138ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (15 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
James f Rothenberg
Treasurer/Trustee5.00XX000
James R Houghton
Trustee1.00X000
Nannerl O Keohane
Trustee1.00X000
Patricia A King
Trustee1.00X000
Robert D Reischauer
Trustee1.00X000
Robert E Rubin
Trustee1.00X000
Drew Gilpin Faust
President/ Trustee1.00XX0714197160363
Marc L Goodheart
Secretary1.00X028582955455
Gregory Nagy
Dir., Ctr for Hellenic S40.0015577187358120533X
Jan M Ziolkowski
Dir., Dumbarton Oaks40.001605672025149636X
Gudrun Buehl
Curator and Museum Direc40.00113559019045X
Marlene L Chazan
Director Financial Opera40.00141811030670X
Suzanne Day
Director Federal Relatio40.00140228017316X
Michael Steen
Director of Facilities40.00145946080636X
Douglas G Frame
Assoc. Dir., CHS40.00105746017053X
FieldValueIRS element (for citing)
Total Reportable Comp From Org823434TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs1189409TotalReportableCompFrmRltdOrgs
Total Other Compensation650707TotalOtherCompensation
Number Individuals GT100 K7NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
Ises Corporation
PO Box 105527AtlantaGA30384Facilities consulting/ assessment servic127405
8 Brothers
2138 Wisconsin AveWashingtonDC20007Renovation Services114972
FieldValueIRS element (for citing)
Number Of Contractors GT100 K2NumberOfContractorsGT100K
Membership Dues156970MembershipDues
Related Organizations5976773RelatedOrganizations
All Other Contributions94147AllOtherContributions
Total Contributions6227890TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ADMISSIONS AND RELATED900099387658387658
SALES OF PUBLICATIONS900099306057306057
FieldValueIRS element (for citing)
Total Program Service Revenue693715TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column466824TotalRevenueColumn
Exclusion$466,824ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column11439TotalRevenueColumn
Exclusion$11,439ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities1316027964Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities1306148896Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities9879068Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column9879068TotalRevenueColumn
Exclusion$9,879,068ExclusionAmount

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column17278936TotalRevenueColumn
Related Or Exempt Function Income693715RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$10,357,331ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total877658Total
Program Services877658ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total203412Total
Program Services203412ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total217278Total
Program Services182514ProgramServices
Management And General34764ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total6220264Total
Program Services5225022ProgramServices
Management And General995242ManagementAndGeneral

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total477981Total
Program Services401504ProgramServices
Management And General76477ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total1784195Total
Program Services1498724ProgramServices
Management And General285471ManagementAndGeneral

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total476347Total
Program Services400131ProgramServices
Management And General76216ManagementAndGeneral

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total74979Total
Program Services62982ProgramServices
Management And General11997ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total94281Total
Program Services79196ProgramServices
Management And General15085ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total22432Total
Program Services18843ProgramServices
Management And General3589ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total7731984Total
Program Services6494867ProgramServices
Management And General1237117ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total4496Total
Program Services3777ProgramServices
Management And General719ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total1535181Total
Program Services1289552ProgramServices
Management And General245629ManagementAndGeneral

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total288780Total
Program Services242575ProgramServices
Management And General46205ManagementAndGeneral

Royalties Royalties

FieldValueIRS element (for citing)
Total300Total
Program Services300ProgramServices

Occupancy Occupancy

FieldValueIRS element (for citing)
Total1831879Total
Program Services1538778ProgramServices
Management And General293101ManagementAndGeneral

Travel Travel

FieldValueIRS element (for citing)
Total592915Total
Program Services498049ProgramServices
Management And General94866ManagementAndGeneral

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total315350Total
Program Services264894ProgramServices
Management And General50456ManagementAndGeneral

Interest Interest

FieldValueIRS element (for citing)
Total1Total
Program Services1ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total2968948Total
Program Services2493916ProgramServices
Management And General475032ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total334175Total
Program Services280707ProgramServices
Management And General53468ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
OTHER SERVICES PURCHASE38718832523861950
BOOKS AND SUBSCRIPTIONS22178518629935486
PUBLISHING183104183104
TAXES AND FEES46036386707366

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total252145Total
Program Services211802ProgramServices
Management And General40343ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total27143094Total
Program Services23002515ProgramServices
Management And General4140579ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY424810BOY
EOY80508EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY2346BOY
EOY17768EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY673728BOY
EOY546755EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis93527329LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec19584364LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY76812367BOY
EOY73942965EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY358169800BOY
EOY387765708EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY189355478BOY
EOY206971056EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY142392836BOY
EOY138450883EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY767831365BOY
EOY807775643EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY654503BOY
EOY765162EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY654503BOY
EOY765162EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY749607761BOY
EOY738441392EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY5417009BOY
EOY13109167EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY12152092BOY
EOY55459922EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY767176862BOY
EOY807010481EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY767831365BOY
EOY807775643EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3XSupportingOrganization509a3
Supporting Org509a3 Type2XSupportingOrg509a3Type2
Certification CheckboxXCertificationCheckbox
Contrib By Controlling Individual0ContribByControllingIndividual
Contribution By Related Party0ContributionByRelatedParty
Contrib By35 Controlled Entity0ContribBy35ControlledEntity

Supported Org Information SupportedOrgInformation

Name Name

FieldValueIRS element (for citing)
Business Name Line1PRESIDENT AND FELLOWS OF HARVARD COLLEGEBusinessNameLine1
FieldValueIRS element (for citing)
EIN042103580EIN
Type Of Organization2TypeOfOrganization
Listed In Governing Doc1ListedInGoverningDoc
Supported Organization Notified1SupportedOrganizationNotified
Organized In US1OrganizedInUS
Amount$0Amount
FieldValueIRS element (for citing)
Total Number Of Supported Orgs1TotalNumberOfSupportedOrgs
Sum Of Amounts0SumOfAmounts

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Collect Used For Scholar ResearchXCollectUsedForScholarResearch
Collect Used For PreservationXCollectUsedForPreservation
Collect Used For Loan Or Exch PrgrmsXCollectUsedForLoanOrExchPrgrms
Solicited Assets For Sale0SolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance643523000BeginningOfYearBalance
Investment Earnings Or Losses68294000InvestmentEarningsOrLosses
Grants Or Scholarships697000GrantsOrScholarships
Other Expenditures32391000OtherExpenditures
Administrative Expenses3516000AdministrativeExpenses
End Of Year Balance675213000EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance924447000BeginningOfYearBalance
Investment Earnings Or Losses-240022000InvestmentEarningsOrLosses
Grants Or Scholarships594000GrantsOrScholarships
Other Expenditures36489000OtherExpenditures
Administrative Expenses3819000AdministrativeExpenses
End Of Year Balance643523000EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.08000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.10000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.82000TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs1EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R1AreRelatedOrgsListedScheduleR

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis89897182OtherCostOrOtherBasis
Depreciation17653873Depreciation
Book Value72243309BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis3630147OtherCostOrOtherBasis
Depreciation1930491Depreciation
Book Value1699656BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings73942965TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
PRIVATE EQUITIES104599315F
REAL Assets102371741F
FieldValueIRS element (for citing)
Total Of Book Value Securities206971056TotalOfBookValueSecurities

Other Assets OtherAssets (3 entries)

DescriptionDescriptionBook ValueBookValue
OTHER INVESTMENTS77113786
DUE FROM HARVARD UNIVERSITY1457063
GENERAL OPERATING ACCOUNT59880034
FieldValueIRS element (for citing)
Total Book Value Other Assets138450883TotalBookValueOtherAssets

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Part III, Line 1a:The University's vast array of museums and libraries houses priceless works of art, historical treasures, literary works, and artifacts. These collections are protected and preserved for public exhibition, education, research, and the furtherance of public service. They are neither disposed of for financial gain nor encumbered in any manner. Accordingly, such collections are not recorded for financial statement purposes.
Part III, Line 4:Part III, line 4: Center for Hellenic Studies Collections The Center for Hellenic Studies Collections is mainly a library collection compromising approximately 60,000 volumes in the field of Hellenic Studies covering a wide range of disciplines. The library collection is a valuable resource to researchers. Dumbarton Oaks Collections The Dumbarton Oaks Museum comprises three collections (the Byzantine Collection, the Robert Woods Bliss Collection of Pre-Columbian Art, and the House Collection). The Dumbarton Oaks museum has 35,000 objects recorded and managed through an electronic database in a wide range of media - minor art, sculpture, antique furniture, textiles and wall tapestries, floor mosaics, prints, painting and monumental fresco replica painting coming from Europe, Middle and South America, North America, and Asia. The Dumbarton Oaks Museum's collections are an important resource for the scholarly community of the Dumbarton Oaks Research Institute as well as to students and a broader general public. The mission of the Dumbarton Oaks museum is to connect scholars with art and art scholarship with the public. Through an active program of research and exhibitions, the museum strives to advance knowledge and stimulate appreciation of art by engaging visitors aethetically, visually, and intellectually.
Part V, Line 4:The primary goal of the endowment is to support Trustees' mission of facilitating Harvard University's scientific, literary, and educational activities in Washington, DC.Description of Intended Use of Endowment Funds:
Part X, Line 2: FIN 48 Effective July 1, 2007, Harvard University, which includes Trustees, adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (FIN 48). FIN 48 sets a minimum threshold for financial statement recognition of the benefit of a tax position taken or expected to be taken in a tax return. Tax positions for the open tax years as of June 30, 2010 were reviewed and it was determined that no provision for uncertain tax positions was required.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained1GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)

RegionRegionType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpendituresNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployees
Europe (Including Iceland & Greenland)Program ServicesClassical Studies351447
Central America and the CaribbeanGrantmaking147600
East Asia and the PacificGrantmaking1623000
Europe (Including Iceland & Greenland)Grantmaking18326114
Middle East and North AfricaGrantmaking300000
North AmericaGrantmaking284500
Russia & the Newly Independent StatesGrantmaking206100
South AmericaGrantmaking7879200
South AsiaGrantmaking123000
FieldValueIRS element (for citing)
Total Number Of Offices1TotalNumberOfOffices
Total Number Of Employees4TotalNumberOfEmployees
Total Amount Spent640342TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
FellowshipsCentral America and the Caribbean11476
Scholarships and FellowshipsEast Asia and the Pacific316230
Stipends, Scholarships, and research-related reimbursements.Europe (Including Iceland & Greenland)1771483
FellowshipsEurope (Including Iceland & Greenland)21111778
FellowshipsMiddle East and North Africa13000
FellowshipsNorth America22845
FellowshipsRussia & the Newly Independent States22061
FellowshipsSouth America478792
FellowshipsSouth Asia11230

Form990 Schedule F Part IV Form990ScheduleFPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants Outside the U.S.:Identifier
ExplanationSchedule F, Part I, Line 2: All disbursements made by this institution in furtherance of its exempt programs are reviewed and approved by duly constituted committees or individuals. All scholarships are reviewed and approved by Harvard's financal aid offices.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained
No Grant More Than5000XNoGrantMoreThan5000

Form990 Schedule I Part III Form990ScheduleIPartIII (5 entries)

Type Of GrantTypeOfGrantNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrant
Stipends for post-doctoral students and fellows20282000
Travel grants837843
Research-related reimbursements for fellows313303
Other grants220000
Fellowships44439029

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule I, Part I, Line 2: All disbursements made by this institution in furtherance of its exempt programs are reviewed and approved by duly constituted committees or individuals. All scholarships are reviewed and approved by Harvard's financal aid offices.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Written Policy Re T And E Expenses1WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments1AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
Drew Gilpin Faust
070599100082060314100128953087456000
Marc L Goodheart
0285655000174031410024045034128400
Gregory Nagy
155771865200008380238200967131557730789100
Jan M Ziolkowski
15973500083220251954501300910310203202500
Marlene L Chazan
1332330847501030155100151600172481000
Suzanne Day
14019200036015770015460157544000
Michael Steen
1427480300001980171600634760226582000

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

Return ReferenceReturnReferenceExplanationExplanation
Part I, Line 1aHousing Allowance or Residence for Personal Use Trustees for Harvard University provides housing to Professor Ziolkowski and Professor Nagy, key employees, and to Mr. Steen, a reportable employee. They are required to reside in the respective houses as a condition of employment for the convenience of Dumbarton Oaks and the Center for Hellenic Studies. The estimated value of the nontaxable housing benefits reported on Form 990, Part VIII, Section A, Column F, are $101,760 for Professor Ziolkowski, $72,750 for Professor Nagy, and $39,000 for Mr. Steen.
Part I, Line 4aPart I, Line 3 As discussed in Schedule O, officers are not compensated in their capacity as officers of Trustees for Harvard University. Trustees' officers also service as officers of the President and Fellows of Harvard College. The president is compensated for her position in the president and fellows of Harvard College.
Part I, Line 7Trustees for Harvard University offers incentive compensation for outstanding performance. Bonus and incentive payments for employees are listed in Part II.

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (7 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Form 990, Part VI, Section A, line 7bCertain actions of the Trustees governing body, such as the election of new directors and amendments to the corporate statutes, are subject to the consent of Harvard University's Board of Overseers.
Form 990, Part VI, Section B, line 11The Trustees for Harvard University Form 990 was reviewed by the University's tax return review committees, comprising senior finance staff and internal and external counsel. Form 990 was also reviewed by the University's Joint Committee on Inspection, consisting of members of the University's governing bodies, the Harvard Corporation and the Board of Overseers. The final Form 990 was provided to the entire executive governing body, the Harvard Corporation, before it was filed.
Form 990, Part VI, Section B, line 12cAs part of Harvard University, Trustees is subject to same the conflict of interest policies and procedures as the President and Fellows of Harvard College. Annually, Harvard University's office of the General Counsel distributes a Policy on Conflicts of Interest and Commitment for Senior Officers and Senior Administrators, and an annual disclosure form, to the individuals subject to the policy. The completed forms are reviewed by the Office of the General Counsel. A parallel process is carried out annually by the office of the governing boards for the University's corporate directors. The completed forms of directors are reviewed by both the Office of the General Counsel and the Secretary of the University.
Form 990, Part VI, Section B, line 15As part of Harvard University, Trustees is subject to the same policies and procedures as the President and Fellows of Harvard College for determining and reviewing compensation. The President and Fellows of Harvard College has disclosed in its Form 990 the process under taken to determine compensation for its officers. Officers are not compensated in their capacity as officers of Trustees for Harvard University. Certain Trustees' officers also serve as officers of the President and Fellows of Harvard College and are compensated by President and Fellows of Harvard College for services performed for that organization. Each key employee of Trustees is also a Harvard University faculty member and the process for determining thier compensation is described below: The salaries are set annually by the Harvard University dean in charge of the Classics Department and approved by the Dean of the Faculty of Arts and Sciences (FAS). The process follows that in place for all FAS faculty members. The amount is set on a standard 9-month basis, and does not include any direct recognition of director duties. In recognition of their respective roles, each key employee is provided with a supplemental compensation amount which is included in the figures reported on Part VII and Schedule J. In addition, both individuals are eligible to earn salary during the summer months, provided they have external funding.
Form 990, Part VI, Section C, line 19Trustees for Harvard University's financial statements are incorporated in Harvard University's Consolidated financial statements, which are available on Harvard University's website. Harvard University's conflict of interst policy is available on Harvard's intranet, accessible to members of the Harvard community. Trustees' charter is available upon request.
Part VII, Line 1a, Column (B): Average Hours per WeekThe University does not track hours worked by Trustees, officers, key employees, or highest compensated employees. The average hours worked reported on Part VII, line 1a, column (B) are estimates, with 40 hours per week representing full time employment. Actual hours worked per week may vary.
Part XI, Line 2:Harvard University's financial statements include the activities of certain subsidiaries that file separate tax returns, including Trustees for Harvard University. The financial statements for the fiscal year ended June 30, 2010 were audited by an independent accountant.Financial Statements and Reporting

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1President and Fellows of Harvard CollegeBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line11033 Massachusetts Avenue 3rd FlAddressLine1
CityCambridgeCity
StateMAState
ZIP Code02138ZIPCode
FieldValueIRS element (for citing)
EIN042103580EIN
Primary ActivitiesEducation and researchPrimaryActivities
Legal Domicile StateMALegalDomicileState
Exempt Code Section501(c)(3)ExemptCodeSection
Public Charity StatusLine 2PublicCharityStatus
Direct Controlling Entity NAN/ADirectControllingEntityNA
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org1GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

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