Harvard Endowment Hits $68 Billion as Federal Funding Cuts Force Layoffs

Harvard’s endowment has grown with the stock market, but federal funding cuts are forcing layoffs and a search for corporate research sponsors.

AI-written summary · The Chestnut Post · October 15, 2026 at 1:15 PM EDT · How we use AI

Harvard Endowment Hits $68 Billion as Federal Funding Cuts Force Layoffs

Harvard’s endowment has climbed to $68 billion, buoyed by stock market gains, even as cuts in federal funding force the university to lay off staff, The New York Times reported.

The university is seeking corporate sponsors to help fund research as federal support declines. The search comes despite the growth in its endowment wealth.

Originally reported by The New York Times. Read the full story at The New York Times

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