Giving shares in a closely held or family business can be a tax-wise way to support Harvard’s mission. Generally, Harvard offers the stock back to your company for redemption and uses the proceeds for purposes you specify.
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Harvard Management Company (HMC), a wholly owned subsidiary of Harvard University, was founded in 1974 to manage the University's endowment, pension assets, working capital, and deferred giving accounts. HMC is governed by a board of directors that is appointed by the President and Fellows of Harvard College, known as the Corporation. Jane Mendillo is President and CEO of Harvard Management Company and Jennifer Pline is the managing director of Trusts and Gifts.