Great Good Fortune: How Harvard Makes Its Money

From Library Journal Written by a 1969 Harvard alumnus, this book examines how the "oldest corporation in America" acquires and distributes its $3 billion endowment and $600 million annual budget. Chapters focus on sketches of university adminstrators, the elaborate alumni fund campaigns, and the unheralded but powerful Harvard Management Company, which oversees the university's vast portfolio. Despite provocative glimpses at university personalities and politics and revelations that the alumni fund-raising records are often sources of confidential personal and financial details, the book promises more than it delivers. More anecdotal than analytical, it is cluttered with tedious details. It belongs in only the most comprehensive collections of Harvardiana. Patrica Smith Butcher, Trenton State Coll. Lib., N.J.Copyright 1986 Reed Business Information, Inc.