Donations to Harvard University fell nearly 15% in a year when some high-profile donors said they would stop giving money to the school over its handling of antisemitism on campus. Harvard said in a financial report Thursday that it received $1.

Harvard has seen donations tumble by nearly 15 per cent in a year amid anger over the handling of anti-Semitism on the university’s campus.

Gifts specifically to Harvard’s endowment fell by 34 percent, dropping to $368.1 million from $560.6 million the year before. However, the school’s investment fund still gained 9.6 percent for the fiscal year, bringing its total value to $53.2 billion — the largest academic endowment in the world.

Spread the loveHarvard University, known for its substantial endowment, is facing a significant drop in donations, with a nearly 15% decline attributed to a growing wave of wealthy alumni vowing to cut off their financial support.