Harvard Club of Boston Foundation

Paul J. Brennan ‘67 Chairman

Michael F. Cronin ’75, gb’77Matthew G. Hegarty ’82 Ameek Ponda ’89, l’92 John P. Reardon, Jr. ’60

This Foundation was formed in 1950 with the following purpose:

“The purposes of this Trust are to foster scientific, literary, and educational interests among the members of the Harvard Club of Boston and to advance the interests and promote the welfare of Harvard University.”

The assets of the Foundation are invested in the Harvard endowment and showed a net decrease from $14,945,660 as of June 30,2021 to $14,076,874 as of June 30, 2022

The Foundation’s principal programs continue to be:

Harvard Club of Boston scholarships providing a portion of the annual financial aid for 144 Harvard College students from the Greater Boston area. These awards totaled $517,322 in the year ended June 30, 2022.

Prize Book program awarding 318 Prize Books and hosting the annual Breakfast honoring Prize Book winners and teachers, and leaders in education.

Summer Community Service fellowships for students volunteering at Boston non-profit organizations.

The Foundation works in cooperation with the Higginson 1908 Foundation in funding these programs. The Higginson Foundation is an independent 501(c)3 organization formed in 2017. All new fundraising from Club members is now being solicited on behalf of the Higginson Foundation. A report from its trustees appears elsewhere in this Annual Report.

We thank our Club members for their past contributions to the Foundation which enable us to continue to support these important programs We also thank our Club staff for all of the time they devote to the Foundation’s programs and their efforts to make all of them successful

Respectfully Submitted,

Paul J. Brennan ’67 Chair