News

29469 readers

3633 users here now

Welcome to the News community!

Rules:

1. Be civil

Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.

2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.

Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.

3. No bots, spam or self-promotion.

Only approved bots, which follow the guidelines for bots set by the instance, are allowed.

4. Post titles should be the same as the article used as source.

Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.

5. Only recent news is allowed.

Posts must be news from the most recent 30 days.

6. All posts must be news articles.

No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.

7. No duplicate posts.

If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.

8. Misinformation is prohibited.

Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.

9. No link shorteners.

The auto mod will contact you if a link shortener is detected, please delete your post if they are right.

10. Don't copy entire article in your post body

For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago

MODERATORS

[email protected]

322

Scores of Researchers Receive Termination Notices After Federal Government Cuts Most Grants to Harvard (www.thecrimson.com)

submitted 3 days ago by [email protected] to c/[email protected]

52 comments fedilink hide all child comments

More than 100 Harvard researchers received termination notices for federally funded research projects on Thursday, as sweeping cuts to the majority of Harvard’s federal grants begin taking effect across the University’s labs.

The notices, delivered via email from Harvard’s Grants Management Application Suite, informed recipients that their projects had been terminated “per notice from the federal funding agency” and contained a list of terminated grants.

“You are receiving this e-mail because one (or more) of your projects have been terminated,” the emails read.

Harvard Assistant Vice President for Sponsored Programs Kelly Morrison and Chief Research Compliance Officer Ara Tahmassian had warned the researchers in a separate Wednesday email that the majority of Harvard’s awards from federal agencies were terminated.

“The University has received letters from most federal agencies indicating that the majority of our active, direct federal grants have been terminated,” they wrote to recipients.

Some of the terminated grants exceeded $1 million, funding entire research operations, including salaries for graduate students, postdoctoral fellows, and lab technicians.

you are viewing a single comment's thread
view the rest of the comments

[–] atzanteol 3 points 3 days ago* (last edited 3 days ago) (1 children)

Did you read the link? It answers all your questions.

[–] [email protected] -2 points 3 days ago (1 children)

So, you gave me the link because you think their endowment can’t do what I said it should do, is that right?

[–] atzanteol 6 points 3 days ago (1 children)

I'm saying the link describes what the endowment can do, its restrictions, and how the university uses it.

Why can't Harvard use more of its endowment in order to cover additional expenses or reduce tuition costs?

Returns from the endowment foster leading financial aid programs, scientific research discoveries, and hundreds of professorships.

However, there is a common misconception that endowments, including Harvard’s, can be accessed like bank accounts, used for anything at any time as long as funds are available. In reality, Harvard’s flexibility in spending from the endowment is limited by the fact that it must be maintained in perpetuity and that it is largely restricted.

Endowment gifts are intended by their donors to benefit both current and future generations of students and scholars. As a result, Harvard is obligated to preserve the purchasing power of these gifts by spending only a small fraction of their value each year. Spending significantly more than that over time, for whatever reason, would privilege the present over the future in a manner inconsistent with an endowment’s fundamental purpose of maintaining intergenerational equity.

In addition, many donors also designate a specific purpose for which their fund can be spent. For Harvard, over 80 percent of endowed funds are subject to these restrictions. Contributions may be given in support of a specific School, program, or activity, and can only be used for those purposes.