Harvard University (incorporated as The President and Fellows of Harvard College) is a private university A university is an institution of higher education and research, which grants academic degrees in a variety of subjects. A university provides both undergraduate education and postgraduate education. The word university is derived from the Latin universitas magistrorum et scholarium, roughly meaning "community of teachers and scholars." located in Cambridge Cambridge is a city in Middlesex County, Massachusetts, United States, in the Greater Boston area. It was named in honor of the University of Cambridge in England. Cambridge is most famous for two prominent universities, Harvard University and the Massachusetts Institute of Technology. As of the 2000 census, the city population was 101,355. It is, Massachusetts The Commonwealth of Massachusetts ( /ˌmæsəˈtʃuːsɨts/ ) is a state in the New England region of the northeastern United States. It is bordered by Rhode Island and Connecticut to the south, New York to the west, and Vermont and New Hampshire to the north; at its east lies the Atlantic Ocean. Most of its population of 6.4 million lives in the, and is a member of the Ivy League The Ivy League is an athletic conference comprising eight private institutions of higher education in the Northeastern United States. The term is most commonly used to refer to those eight schools considered as a group. The term also has connotations of academic excellence, selectivity in admissions, and social elitism. Founded in 1636 by the colonial Massachusetts legislature,[2] Harvard is the oldest The Colonial Colleges are nine institutions of higher education chartered in the American Colonies before the American Revolution . These nine have long been considered together, notably in the survey of their origins in the 1907 The Cambridge History of English and American Literature. Although today most of these institutions refer to themselves institution of higher learning in the United States. It is also the first and oldest corporation A corporation is a legal entity separate from the persons who own it or the persons who manage or operate it. In British tradition it is the term designating a body corporate, where it can be either a corporation sole or a corporation aggregate (involving more persons). In American and, increasingly, international usage, the term denotes a body in North America.[4] Administratively, Harvard comprises ten primary academic units.[5]
Initially called "New College" or "the college at New Towne", the institution was renamed Harvard College Harvard College is the undergraduate section, and oldest school, of Harvard University, a private university in the United States founded in 1636 by the Massachusetts legislature. The College is instructed by the Faculty of Arts and Sciences, which also instructs the Harvard Graduate School of Arts and Sciences and the Harvard Extension School on March 13, 1639. It was named after John Harvard, a young clergyman A cleric , clergyman (pl. clergymen), or churchman (pl. churchmen) is a member of the clergy of a religion, especially one who is a priest, preacher, or other religious professional. It is often used to refer to the religious leadership in Islam, where the term "priest" is not accurate and where terms such as "Alim" are not from the London Borough of Southwark The London Borough of Southwark (pronounced /ˈsʌðɚk/ ) is a London borough in south east London, England. It is directly south of the River Thames and the City of London, and forms part of Inner London, England, who bequeathed the College his library of four hundred books and £779 (which was half of his estate), assuring its continued operation.[6] The earliest known official reference to Harvard as a "university" occurs in the new Massachusetts Constitution The Constitution of the Commonwealth of Massachusetts is the fundamental governing document of the Commonwealth of Massachusetts, one of the 50 individual state governments that make up the United States of America. It was drafted by John Adams, Samuel Adams, and James Bowdoin during the Massachusetts Constitutional Convention between September 1 of 1780.
During his 40-year tenure as Harvard president (1869–1909), Charles William Eliot radically transformed Harvard into the pattern of the modern research university. Eliot's reforms included elective courses, small classes, and entrance examinations. The Harvard model influenced American education nationally, at both college and secondary levels.
Harvard has the second-largest For this list, short scale billions are used. Figures are from the National Association of College and University Business Officers (NACUBO) financial endowment A financial endowment is a transfer of money or property donated to an institution, usually with the stipulation that it be invested, and the principal remain intact in perpetuity or for a defined time period. This allows for the donation to have an impact over a longer period of time than if it were spent all at once of any non-profit organization (behind the Bill & Melinda Gates Foundation The Bill & Melinda Gates Foundation is the largest transparently operated private foundation in the world, founded by Bill and Melinda Gates. The foundation is "driven by the interests and passions of the Gates family". The primary aims of the foundation are, globally, to enhance healthcare and reduce extreme poverty, and in America,), standing at $28.8 billion as of 2008.
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