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> $500M is more than enough money to operate any school I'm not saying I disagree with regulation related to massive donations but you need to check your numbe
by shuntress 3y ago
> $500M is more than enough money to operate any school
I'm not saying I disagree with regulation related to massive donations but you need to check your numbers.
https://finance.harvard.edu/financial-overview https://finance.harvard.edu/financial-overview
"Total operating expenses increased by $482 million or 9% to $5.9 billion."
- 1970-01-01 3y agoSame PDF states "The University generated an operating surplus of $186 million"
- shuntress 3y agoI'm not sure what you mean by this. Are you trying to say a school should always lose money? Or that they should always spend exactly as much as they earn? Either way, it cost Harvard way more than $500 million to operate for a year.