Endowment

Key Points Harvard’s endowment hit a record $68 billion after a 27.1% return in fiscal 2026. The new 8% endowment tax will cost Harvard about $300 million a year, roughly…

College endowments are typically tax-exempt, but a 2017 law imposed a 1.4% tax on investment income for a small group of wealthy private universities. A new proposal seeks to increase…