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Trustees For Harvard University

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 530199180 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Trustees For Harvard University?

Trustees For Harvard University is a nonprofit organization located at 1033 Massachusetts Avenue, 3rd Floor, in Cambridge, Massachusetts, with a total of 161 employees. Their primary role is to facilitate Harvard University's scientific, literary, and educational activities in Washington, D.C. One of their significant projects is Dumbarton Oaks, a museum, research library, and educational facility dedicated to the study of Byzantine and Medieval humanities, pre-Columbian art, and landscape architecture. Approximately 71 fellows benefit from this facility.

What are the reviews and ratings of this charity?

94% Rating from Charity Navigator

Trustees For Harvard University has achieved a commendable Four-Star out of Four Star rating from Charity Navigator, reflecting strong accountability and financial health. The organization scored 94% on its Accountability & Finance beacon, indicating effective management of funds and transparency in operations. This high score is primarily due to the absence of material diversions of assets and a well-structured governance, with 76% of the board members being independent.

The nonprofit demonstrates robust financial oversight with a high program expense ratio of 90.17%, ensuring that the majority of its funds are directed towards its mission. Additionally, its policies on conflicts of interest, whistleblower protections, and document retention are fully in place, which further enhances its credibility and operational integrity.

While the ratings showcase significant strengths, the focus on accountability and finance means that insights into programmatic effectiveness or impact are not assessed. Nonetheless, the solid governance practices and fiscal responsibility displayed by Trustees For Harvard University make it a reliable choice for donors looking to support educational initiatives.


This AI summary has been generated from information found on Charity Navigator.

Is Trustees For Harvard University legitimate?

Trustees For Harvard University is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trustees For Harvard University submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $314,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,996,970

For more financial information, click here

What is the mission statement of Trustees For Harvard University?

Trustees For Harvard University is an organization dedicated to facilitating Harvard University's scientific, literary, and educational activities in the Washington, D.C. area. By providing support and resources, this institution enables Harvard University to advance knowledge in various fields and promote learning opportunities. Dumbarton Oaks, a component of Trustees For Harvard University, functions as a museum, research library, and educational facility. It focuses on the study of Byzantine and Medieval humanities, Pre-Columbian art, and landscape architecture. Approximately 71 fellows are served by Dumbarton Oaks, contributing to research and academic growth.

What is the revenue of Trustees For Harvard University?

Trustees For Harvard University's revenue in 2023 was $65,362,351.

Who are the executives of Trustees For Harvard University and what are their salaries?

The average compensation at Trustees For Harvard University during 2023 was $61,261. There are 152 employees and 19 volunteers at Trustees For Harvard University.

Here are 24 key members and their salaries:


Lawrence S Bacow (President)
  • Compensation: $0
  • Related: $1,333,866
  • Other: $423,243
Paul J Finnegan (Trustee/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Biddy Martin (Trustee)
  • Compensation: $0
  • Related: $2,083
  • Other: $0
David M Rubenstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana L Nelson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Gordon Mills (Trustee)
  • Compensation: $0
  • Related: $170,482
  • Other: $33,135
Kenneth I Chenault (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mariano-Florentino Cuellar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny S Pritzker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley M Tilghman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore V Wells Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy R Barakett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Palandjian (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc L Goodheart (Secretary)
  • Compensation: $0
  • Related: $498,064
  • Other: $67,455
Mark Schiefsky (Director, Center For Hellenic Studies)
  • Compensation: $0
  • Related: $271,998
  • Other: $177,229
Thomas Bf Cummins (Director, Dumbarton Oaks)
  • Compensation: $260,599
  • Related: $0
  • Other: $196,175
David Conine (Director Of Facilities, Dumbarton Oaks)
  • Compensation: $163,288
  • Related: $0
  • Other: $15,011
Joy De Menil (Executive Editor & Director, Belknap Publishing)
  • Compensation: $168,668
  • Related: $0
  • Other: $18,050
Panagiota Batsakis (Executive Director, Dumbarton Oaks)
  • Compensation: $200,423
  • Related: $0
  • Other: $22,909
Suzanne Day (Senior Director, Federal Relations)
  • Compensation: $268,170
  • Related: $0
  • Other: $34,070
Thaisa Way (Director, Garden & Landscape Studies)
  • Compensation: $160,608
  • Related: $0
  • Other: $25,736
Drew Gilpin Faust (See Schedule O)
  • Compensation: $0
  • Related: $395,290
  • Other: $66,383
Gregory Nagy (See Schedule O)
  • Compensation: $0
  • Related: $263,011
  • Other: $58,777
Jan M Ziolkowski (See Schedule O)
  • Compensation: $0
  • Related: $233,944
  • Other: $29,600
Where can I find the form 990 for Trustees For Harvard University?

Trustees For Harvard University's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Trustees For Harvard University

Trustees For Harvard University, also known as Harvard University in Washington, D.C., is a dedicated organization with a mission to facilitate the scientific, literary, and educational activities of Harvard University in the nation's capital. By doing so, it contributes significantly to advancing knowledge and learning in various fields.

This nonprofit institution operates Dumbarton Oaks, a museum, research library, and educational facility. This prestigious center focuses on the study of Byzantine and Medieval humanities, Pre-Columbian art, and landscape architecture. With approximately 71 fellows in residence, Dumbarton Oaks serves as a hub for scholars and researchers to delve into their respective areas of expertise, fostering intellectual growth and collaboration.

The tranquil and serene setting of Dumbarton Oaks provides an ideal atmosphere for academic pursuits. It offers a wealth of resources, including a vast collection of books and manuscripts, which are essential for scholars and researchers in their quest for knowledge. Moreover, the institution hosts symposia, workshops, and lectures, bringing together experts from various disciplines to engage in thought-provoking discussions and debates.

In summary, Trustees For Harvard University, through its facility Dumbarton Oaks, plays a crucial role in advancing scholarship and knowledge in the fields of Byzantine and Medieval humanities, Pre-Columbian art, and landscape architecture. By providing a conducive environment for research and learning, this organization contributes significantly to the intellectual community and the pursuit of knowledge in Washington D.C. and beyond.

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Impact




October, 2024

Trustees For Harvard University significantly impacts the academic and cultural landscape by facilitating Harvard University's scientific, literary, and educational endeavors, particularly in Washington, DC. One of its key initiatives is Dumbarton Oaks, which serves as a museum, research library, and educational facility dedicated to the study of Byzantine and medieval humanities, pre-Columbian art, and landscape architecture. This facility not only houses extensive collections but also supports approximately 71 fellows, fostering advanced research and scholarship in these fields. By providing resources and a collaborative environment, Trustees For Harvard University helps advance knowledge and understanding in areas critical to history, art, and culture.




This information is meant to be a general summary of Trustees For Harvard University. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,362,351 (2023)
Expenses
$45,135,019 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,917,558
  • Program Service Revenue: $414,853
  • Gross Receipts: $427,648,396

Assets and Liabilities:

  • Total Assets: $1,451,909,922
  • Total Liabilities: $1,239,504
  • Net Assets: $1,450,670,418

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ADMISSIONS AND RELATED

Revenue

$95,331

PUBLICATIONS & MATERIAL

Revenue

$319,522

Organization Details

Founding Year

1941

NTEE Category

Code: B110 - Education

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