History of Harvard University have rightly left behind" and "abhorrent and an affront to the values of our university". As late as the 1950s, Wilbur Bender, then the dean of admissions for Harvard College, was seeking better ways to "detect homosexual tendencies and serious psychiatric problems" in prospective students. History of Harvard University Harvard College, around which Harvard University eventually grew, was founded in 1636 in Cambridge, Massachusetts, making it the oldest institution of higher learning in the United States. For centuries, its graduates dominated Massachusetts' clerical and civil ranks and beginning in the 19th century its stature became national, then international, as a
Harvard University endowment Harvard University endowment Harvard University's endowment (valued at $37.1 billion ) is the largest academic endowment in the world. Along with Harvard's pension assets, working capital, and non-cash gifts, it is managed by Harvard Management Company, Inc. (HMC), a Harvard-owned investment management company. HMC employs financial professionals to manage the approximately 12,000 funds that constitute the endowment. The company directly manages about one third of the total endowment portfolio while working closely with the external companies that manage the rest. HMC is headed by a professional, who holds the titles of president and chief executive officer of the company. Jack