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Annual Report 2019
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  • Financials
    • Financials
    • 5-Year Data Summary
    • CFO Letter
    • Financial Highlights
    • Supplemental Financial Information
    • Statement of Activity & Cash Flows
    • Consolidated Balance Sheet
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  • Consolidated Balance Sheet→

Financials

Financials

  • 5-Year Data Summary
  • CFO Letter
  • Financial Highlights
  • Supplemental Financial Information
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet

Consolidated Balance Sheet

Consolidated Balance Sheet

  • 5-Year Data Summary
  • CFO Letter
  • Financial Highlights
  • Supplemental Financial Information
  • Statement of Activity & Cash Flows
  • Consolidated Balance Sheet
4ms

Assets

IN MILLIONS for the Fiscal Year ended June 30...
2019 2018 2017

Cash

$ 105 $ 89 $ 80

Current Use Reserves

129 118 145

Receivables, Loans, & Other Assets

215 214 177

Invested Funds

Endowment

3,675 3,453 3,140

Endowment Interest in Trusts Held by Others

169 164 157

Endowment Pledges

138 166 168

Undistributed General Investment Income

3 4 7

Current Use Investments

75 75 72

Current Use Pledges

145 151 151

Facilities, Net

766 774 724
Total Assets
$ 5,420 m.
$ 5,208 m.
$ 4,821 m.

Liabilities

IN MILLIONS for the Fiscal Year ended June 30...
2019 2018 2017

Deposits, Advances, & Other

$ 95 $ 82 $ 69

Deferred Revenue

183 181 150

Other Debt Owed to University

31 27 26

Building Debt

46 55 64
Total Liabilities
$ 355 m.
$ 345 m.
$ 309 m.

Net Assets

IN MILLIONS for the Fiscal Year ended June 30...
2019 2018 2017

Current Use Reserves

$ 129 $ 118 $ 145

Endowment Funds

3,985 3,787 3,472

Current Use Funds

220 226 223

Unexpended Endowment Income

1 1 1

Student Loan Funds

10 12 11

Investment in Facilities

720 719 660

Total Net Assets

$ 5,065 m.
$ 4,863 m.
$ 4,512 m.

Total Liabilities + Net Assets

Total Liabilities + Net Assets

$ 5,420 m.
$ 5,208 m.
$ 4,821 m.

* In pursuit of greater comparability across the Harvard schools, the University has asked all the schools to report their net results in accordance with generally accepted accounting principles (GAAP) in the United States. In addition to results for fiscal 2019, the School’s results for fiscal years 2017 and 2018 are presented in accordance with GAAP within the Statement of Activity and Cash Flows on the opposite page.

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