Publications
Publications
- August 1998 (Revised October 2002)
- HBS Case Collection
Harbus Foundation, The
By: James E. Austin and Linda Carrigan
Abstract
Describes the challenges faced by a group of HBS students as they create a foundation. Given surplus funds generated by the student-run newspaper, The Harbus leadership decides to find a meaningful use for the excess cash. Profiles both the entrepreneurial process used to establish the foundation and the challenges involved in deciding to whom to award grants. The group of protagonists face several decisions: 1) a controversial funding decision, 2) review and assessment of the foundation's strategy and process for grant solicitation and evaluation, and 3) the role of a student investment club in managing the foundation's portfolio.
Keywords
Business Startups; Decision Choices and Conditions; Asset Management; Financial Institutions; Investment Portfolio; Management Analysis, Tools, and Techniques; Problems and Challenges; Social Enterprise; Valuation; Financial Services Industry
Citation
Austin, James E., and Linda Carrigan. "Harbus Foundation, The." Harvard Business School Case 399-031, August 1998. (Revised October 2002.)
