Trustees for Harvard University

What it reported doing in 2024

Center for hellenic studies is an educational center in the field of hellenic studies designed to rediscover humanism of the hellenic greeks. Hellenism for the center encompasses the evolution of the greek language and its culture as a central point of contact for all of the different civilizations of the ancient mediterranean world. It also includes interactions with foreign cultures and the diffusion of roman influences. This humanistic vision animates the center's main activities: (1) building and maintaining a world-class collection of resources for the study of the ancient greco-roman world; (2) making these resources available to the community of scholars, offering residential and non-residential fellowships to support research in the field, and providing a venue where the fellows and other scholars can collaborate and share their insights with diverse audiences both at the center and beyond through seminars, other forms of live presentations, and publications; (3) disseminating scholarship on the hellenic world in printed and electronic formats and developing information technologies to enhance existing methods and pioneer new avenues of research and teaching; and (4) designing and orchestrating activities for a global audience with the goal of enabling a wide range of participants, including non-traditional students, undergraduates, graduate students, scholars from other disciplines, and life-long learners to engage in the study and appreciation of hellenic culture. During fiscal year 2025 (july 1, 2024-june 30, 2025), the center for hellenic studies was able to provide the following resources: support to research fellows and associates, 35 of whom visited or lived on campus; support to 21 visiting researchers; 39 library readers; funding for 2 internships in Washington, dc; 10 harvard students (undergrad and grad) to participate in its programs in greece; organization of seminars, workshops, and conferences (8 events), which were attended by 191 individuals in-person and 241 individuals via zoom.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 89%; rating input score 89
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: 1 of 8 controls in place; rating input score 12
  • Claims monitoring procedures: Pass
  • Requires narrative reports: Fail
  • Conducts field audits: Fail
  • May suspend future funding: Fail
  • Requires financial reports: Fail
  • Conducts site visits: Fail
  • Requires grant agreements: Fail
  • May require repayment: Fail
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 84.6%; rating input score 85; 32nd percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 26.4%; rating input score 91; 91st percentile among comparable filings
• Total-asset coverage ratio: 31.54; rating input score 99; 99th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 95; 95th percentile among comparable filings
• Officer compensation ratio: 5.7%; rating input score 13; 13th percentile among comparable filings

Growth

• Program expense growth: 4.7% per year; rating input score 100; 37th percentile among comparable filings
• Revenue growth: 4.5% per year; rating input score 100; 37th percentile among comparable filings
• Asset growth: 3.4% per year; rating input score 100; 23rd percentile among comparable filings