Overview
What is Harvard Management Company Inc?
Harvard Management Company Inc is a nonprofit organization based in Boston, Massachusetts, founded to support the educational objectives of Harvard College. The organization, which employs 133 people, provides investment research, advice, counsel, and management to Harvard University and affiliated organizations that further the educational purposes of Harvard College. The President and Fellows of Harvard College finance the expenses of Harvard Management Company Inc through payments, enabling it to effectively manage investments for the benefit of the institution.
Official website here: www.hmc.harvard.edu
Is Harvard Management Company Inc legitimate?
Harvard Management Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Management Company Inc 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.
Here are some key statistics you may want to consider:
Executive Compensation: $23,953,284
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,101,017
For more financial information, click here
Official website here: www.hmc.harvard.edu
What is the mission statement of Harvard Management Company Inc?
Harvard Management Company Inc is dedicated to providing investment management services to Harvard University. Established to support the educational objectives of Harvard College, a renowned non-profit educational institution, the company offers investment research, advice, counsel, and management. These services are extended to organizations affiliated with or related to Harvard College, provided they contribute to the institution's educational mission. Harvard Management Company Inc receives funding from Harvard College to cover the expenses associated with its exempt purpose.
Official website here: www.hmc.harvard.edu
What is the revenue of Harvard Management Company Inc?
Harvard Management Company Inc's revenue in 2022 was $147,214,674.
Official website here: www.hmc.harvard.edu
Who are the executives of Harvard Management Company Inc and what are their salaries?
The average compensation at Harvard Management Company Inc during 2022 was $744,769. There are 133 employees at Harvard Management Company Inc.
Here are 21 key members and their salaries (Harvard Management Company Inc's CEO's salary is $8,749,717 and their total compensation is $10,477,815):
- Nirmal P Narvekar (Md - President & Ceo) [Trustee/Director]
- Richard W Slocum (Md - Cio)
- Elise Mcdonald (Md - Generalist Team)
- John Shue (Md - Generalist Team)
- Carlos Saravia (Md - Generalist Team)
- Sanjeev Daga (Md - Coo & Treasurer)
- Adam Goldstein (Md - Generalist Team)
- Marcus Loveland (Md - Generalist Team)
- Kathryn I Murtagh (Md - Cco & Clerk)
- Jiqing Xia (Md - Generalist Team)
- Lawrence S Bacow (Director)
- Thomas J Hollister (Director)
- Jeremy C Stein (Director)
- Amy C Falls (Director)
- Brian Rogers (Director)
- Eric Doppstadt (Director)
- Joshua S Friedman (Director)
- Paul J Finnegan (Director & Chair)
- Robert Jain (Director)
- Thomas L Kempner Jr (Director)
- William M Lewis Jr (Director)
Official website here: www.hmc.harvard.edu
Where can I find the form 990 for Harvard Management Company Inc?
The Harvard Management Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hmc.harvard.edu
Learn more at the official website: www.hmc.harvard.edu
Mission Statement of Harvard Management Company Inc
Harvard Management Company Inc, a prominent organization, is dedicated to supporting Harvard University's educational mission by offering investment management services. Established with the intention of furthering the educational objectives of President and Fellows of Harvard College, this nonprofit institution specializes in investment research, advice, counsel, and management. These efforts are geared towards the benefit of President and Fellows of Harvard College and affiliated organizations, provided that their purposes align with Harvard's educational goals. The President and Fellows of Harvard College finance Harvard Management Company Inc's operations through payments made to the organization.
Impact
This information is meant to be a general summary of Harvard Management Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Harvard Management Company Inc's impact lies in providing investment management services to Harvard University. By managing the university's investments effectively, Harvard Management Company Inc plays a crucial role in supporting the educational mission of Harvard University. Its work helps to ensure the financial sustainability and growth of the university, enabling it to continue providing high-quality education and research opportunities for students and faculty.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PAYMENTS FROM AFFILIATES
Revenue
$147,214,674
Organization Details
Founding Year
1974
Phone
(617) 720-6682
Main Address
600 Atlantic Avenue, Boston, MA, 022102203
Website
www.hmc.harvard.edu
NTEE Category
Code: B11 - Education
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