"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."
The Harvard Crimson :: News :: Allston Fund Stretched Thin by Crisis
Posted by Harry Mattison on 3/03/2009 06:38:00 AM