Harvard University has committed $100 million to redress its early ties to slavery : NPR

Harvard University has dedicated $100 million to redress its ties to slavery. The University says the wealth used to discovered the college got here from rich slave house owners.


Harvard says it should make amends for what it calls its in depth ties to slavery from its founding in 1636 to after the Civil War. Harvard is the world’s wealthiest non-public college, and it has now dedicated $100 million to redress that historical past. Max Larkin from member station WBUR studies.

MAX LARKIN, BYLINE: A 130-page school report identifies dozens of enslaved individuals who served Harvard’s presidents, school and employees. and the college’s endowment – now over $40 billion – was seeded with the wealth of slaveholders. Harvard’s president, Lawrence Bacow, introduced the plan in a video message revealed this morning.


LAWRENCE BACOW: The legacy of slavery continues to affect the world within the type of disparities in training, well being, wealth, earnings, social mobility and nearly another metric we would use to measure equality.

LARKIN: Bacow says it is Harvard’s ethical obligation to work towards restore. The college’s governing board has put aside $100 million in that effort. Some could also be spent on new partnerships with traditionally Black schools or on memorials or on tasks involving descendants of slavery.

Freshman Christian Gines says Harvard feels haunted by its historical past to him and his Black classmates. Gines says he worries that Harvard’s dedication right here, nevertheless giant, will pale compared to the earnings on its large endowment, which incorporates investments in non-public prisons and overseas actual property.

CHRISTIAN GINES: There are nonetheless Black and brown individuals locked up in the present day. They put money into a variety of Black and Indigenous land in America and all through the world, whether or not that be in Brazil and Africa and elsewhere. And so there are structural issues, not solely up to now that they’ve completed, however in the established order that they are persevering with to do, that they might simply disinvest and reinvest that elsewhere.

LARKIN: The college has shaped a committee that can make concrete choices on using the funds.

For NPR News, I’m Max Larkin in Boston.

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