Harvard's Allston fund - "all but wiped out"

The Harvard Crimson :: News :: Allston Fund Stretched Thin by Crisis
"The strategic infrastructure fund, an annual 0.5 percent levy on Harvard’s endowment created in 2002 to support capital projects in Allston, may fall short even of future expenses demanded by existing plans

Planned spending from the SIF had assumed a long-term average growth rate of 8.25 percent on the endowment

Last year, the SIF contributed $168 million toward projects such as land purchases, construction, and community benefits."

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