Photo Gallery: 2 images

Fund drive to purchase land for HBS

Boston investor Henry L. Higginson leads a fund drive to purchase the marsh land across the Charles River from Cambridge

A. W. Preston gives $2,000/year for 5 years for international studies

A. W. Preston gives $2,000/year for 5 years for international studies

Edward King donates $1,000 for initial expenses

Edward King donates $1,000 for initial expenses

The Rockefellers' General Education Board votes to support HBS financially for five years

The Rockefellers' General Education Board votes to support HBS financially for five years

Gay contemplates a $100,000 campaign for an HBS building

Gay contemplates a $100,000 campaign for an HBS building

"May Prizes," recognizing top two theses, are funded and awarded

"May Prizes," recognizing top two theses, are funded and awarded

Boston's Society of Printers gives $7,000 to support a course in printing techniques

Boston's Society of Printers gives $7,000 to support a course in printing techniques

Student loan fund created

Four donors contribute $850 to create a student loan fund

Arch Shaw donates funds for "Bureau of Business Research" (BBR)

Arch Shaw donates funds for "Bureau of Business Research" (BBR)

Gay's proposal for a $1 million endowment drive is turned down by President Lowell as impractical

Gay's proposal for a $1 million endowment drive is turned down by President Lowell as impractical

Edmund C. Converse funds HBS's first endowed chair

Edmund C. Converse funds HBS's first endowed chair

Straus family creates scholarship in Isidor Straus's name

Straus family creates scholarship in Isidor Straus's name

HBS runs a $15,000/year annual deficit; must be made up by gifts

HBS runs a $15,000/year annual deficit; must be made up by gifts

James J. Hill Professorship established by Hill's friends

James J. Hill Professorship established by Hill's friends; Hill doubles the endowment to support "general purposes of the School"

Endowment of $450,000 generates income of $20,492

Endowment of $450,000 generates income of $20,492: substantially less than tuition income of $34,705

HBS records a deficit of $4,000

HBS records a deficit of $4,000 for 1918-19 school year; closed by fundraising in Boston and New York

Donham approaches Bishop William Lawrence for fundraising help

Donham approaches Bishop William Lawrence for fundraising help

Harvard Corporation approves Donham's plan for a combined HBS, Chemistry, and Fine Arts campaign

Harvard Corporation approves Dean Donham's plan for a combined HBS, Chemistry, and Fine Arts fundraising campaign, including $5 million to build an HBS campus in Allston.

Campaign for $10 million is announced on former President Eliot's 90th birthday.

Campaign for $10 million is announced on former President Eliot's 90th birthday

George F. Baker gives $5 million to build HBS campus

New York banker George F. Baker gives $5 million to build the entire HBS campus (and later adds an additional $1 million for endowment).

Straus familly establishes endowed professorship in business history

Straus familly establishes endowed professorship in business history

William Ziegler, Jr., gives $1 million for international research chair

William Ziegler, Jr., gives $1 million for international research chair

Anonymous donor guarantees purchase of Foxwell Collection for HBS

Anonymous donor guarantees purchase of Foxwell Collection for HBS

First meeting of the 250 Associates (supporting research) is held in December

First meeting of the 250 Associates (supporting research) is held in December; have contributed $381,0000 for research

Rockefeller Foundation supports the HBS industrial research program

The Rockefeller Foundation awards $125,000 per year for seven years to the HBS industrial research program, enabling pioneering faculty efforts to continue.

Straus family augments two former gifts to fully endow business history chair

Straus family augments two former gifts to fully endow business history chair

Retailer Claude W. Kress pays for Foxwell Collection and also pays for a special room in Baker Library to hold the collection

Retailer Claude W. Kress pays for Foxwell Collection and also pays for a special room in Baker Library to hold the collection

"Kress Library of Business and Economics" opens in Baker

"Kress Library of Business and Economics" opens in Baker

Charter of "250 Associates" is amended to permit corporate memberships

Charter of "250 Associates" is amended to permit corporate memberships

15% of HBS budget is covered by endowment income

15% of HBS budget is covered by endowment income

Kirstein Professorship, honoring retailer Louis Kirstein, is established

Kirstein Professorship, honoring retailer Louis Kirstein, is established; Benjamin Selekman is named first incumbent (in 1945)

School's budget of $1.6 million is roughly balanced, but depends on $450,000 in gifts; David calls for an HBS endowment of $15 million

School's budget of $1.6 million is roughly balanced, but depends on $450,000 in gifts; David calls for an HBS endowment of $15 million

Establishing the Social Enterprise Initiative VIDEO: RT: 03:00

Interview clip with John Whitehead, MBA 1947, who speaks about his efforts to expand the work of the nonprofit sector, his proposal in the early 1990s to Dean John McArthur to launch a nonprofit training program at HBS, his endowment of the Social Enterprise Initiative, and its successful expansion and impact on the mission of School.

John D. Rockefeller pledges $5 million toward new HBS buildings if another $5 million can be raised by July 1950

John D. Rockefeller pledges $5 million toward new HBS buildings if another $5 million can be raised by July 1950

"Harvard Business School Fund," operated by alumni, is created to receive donations to HBS for unrestricted use

"Harvard Business School Fund," operated by alumni, is created to receive donations to HBS for unrestricted use

With Harvard's permission, David describes a "Twenty Million Dollar Program" to build School's endowment

With Harvard's permission, David describes a "Twenty Million Dollar Program" to build School's endowment

Filene Professorship, honoring retailer Lincoln Filene, is established

Filene Professorship, honoring retailer Lincoln Filene, is established; Malcolm McNair is named first incumbent

HBS raises $12.1 million

In response to Rockefeller's 1948 challenge grant, HBS raises a total of $12.1 million, including a $2 million from the Kresge Foundation, and gifts from 45 companies and 1,500 individuals

In first full year, HBS raises contributions of $60,000 from 1,200 alumni

In first full year, HBS raises contributions of $60,000 from 1,200 alumni

Only 7% of HBS budget is covered by endowment income; increases to 15% by 1955

Only 7% of HBS budget is covered by endowment income; increases to 15% by 1955

The Wallace Brett Donham Professorship of Human Relations is created by transfer of end-of-year surplus to endowment

The Wallace Brett Donham Professorship of Human Relations is created by transfer of end-of-year surplus to endowment

Wilson Professorship, honoring manufacturing executive Charles E. Wilson, is established by General Electric; Richard Meriam is named first incumbent

Wilson Professorship, honoring manufacturing executive Charles E. Wilson, is established by General Electric; Richard Meriam is named first incumbent

Rockefeller Foundation begins funding John Lintner's study of impact of profits on the economy

Rockefeller Foundation begins funding John Lintner's study of impact of profits on the economy

Anonymous contributor establishes the Clinton Strong Golden Fund for trade union research

Anonymous contributor establishes the Clinton Strong Golden Fund for trade union research with $100,000 gift

Doctor in Business Administration degree replaces the Doctor of Commercial Science degree

With Ford Foundation funding, faculty votes in favor of an enlarged doctoral program, and (with Harvard's permission) to grant a "Doctor in Business Administration" degree instead of the "Doctor of Commercial Science" degree

HBS takes over operation of HBS Fund from alumni

HBS takes over operation of HBS Fund from alumni

Moffett Professorship, honoring agribusiness executive George Moffett, is established

Moffett Professorship, honoring agribusiness executive George Moffett, is established

HBS Fund receives contributions totaling $141,664: up 36.9% over previous year

HBS Fund receives contributions totaling $141,664: up 36.9% over previous year

HBS endowment exceeds $10 million

HBS endowment exceeds $10 million

Summer Case Writing Seminar begins

With Ford Foundation support, HBS creates a Summer Case Writing Seminar for deans and professors from other schools; continues through 1965

Williston Professorship, honoring stock broker James Williston, is established

Williston Professorship, honoring stock broker James Williston, is established; George Bates is named first incumbent

25th AMP achieves 99.4% participation in fund drive

25th AMP achieves 99.4% participation in fund drive (lacking only one overseas member)

HBS receives grant from Ford Foundation in support of two research professorships

HBS receives $2 million grant from Ford Foundation in support of two research professorships, later renamed the Thomas Carroll Ford Foundation and Edsel Ford Professorships; Samuel Stouffer (of Harvard's Department of Social Relations) and Bertrand Fox are named first incumbents

Rockefeller Foundation makes 5-year extension to John Lintner's study of the impact of profits on the economy

Rockefeller Foundation makes 5-year extension to John Lintner's study of the impact of profits on the economy

Ford Foundation gives $120,000 to help support development of a "clearing house for case materials"

Ford Foundation gives $120,000 to help support development of a "clearing house for case materials"

Doctoral program expanded

Faculty approves a massive expansion of doctoral program to meet burgeoning demand for business educators; Ford Foundation funds this expansion

Ford Foundation gives $1.1 million

Ford Foundation gives $1.1 million in support of doctoral program, summer teaching seminars, and faculty research

Gifts received through HBS Fund exceed $332,000, up from $62,000 in 1950

Gifts received through HBS Fund exceed $332,000, up from $62,000 in 1950

HBS establishes a 12-month "Institute of Basic Mathematics for Application to Business"

HBS establishes a 12-month "Institute of Basic Mathematics for Application to Business" with Ford Foundation support, to upgrade key leaders of business doctoral programs; 41 applicants from 32 universities enroll

Former Dean David begins effort to raise $1 million

Former Dean David begins effort to raise $1 million to "advance the leadership of the School"

HBS endowment reaches $14 million

HBS endowment reaches $14 million -- up from $7.6 million in 1950 -- but income from endowment only covers 14% of HBS budget

The school's first formal bequest program is organized

Due to relative lack of bequests to HBS -- up to this point, HBS has received only 12 bequests in its history -- the School's first formal bequest program is organized

A bequest-oriented publication is mailed to seven pilot classes and generates 28 bequests to HBS

Educating Tomorrow's Managers, a bequest-oriented publication, is mailed to seven pilot classes and generates 28 bequests to HBS

Ford Foundation makes major grant in (partial) support of HBS research in organizational behavior

Ford Foundation makes major grant ($200,000 per year for 5 years) in (partial) support of HBS research in organizational behavior

George F. Baker, Jr., Professorship is established

George F. Baker, Jr., Professorship is established

Gund Professorship of Economics and Business Administration is established

Gund Professorship of Economics and Business Administration, honoring banker George Gund and linking HBS and Harvard College, is established

Walker Professorship is established

Walker Professorship, honoring HBS Professor Ross Walker, is established

1907 Foundation Professorship of Business Logistics is established

1907 Foundation Professorship of Business Logistics is established

David Professorship is established

David Professorship, honoring Dean David, is established

HBS Fund sets two new fundraising records

HBS Fund sets two new records with $600,000 in gifts from 12,000 contributors

HBS receives a "very large grant" from IBM to support a 10-year, Harvard-wide program on technological advances and social change

HBS receives a "very large grant" from IBM to support a 10-year, Harvard-wide program on technological advances and social change

McNair Professorship is established

McNair Professorship, honoring HBS Professor Malcolm McNair, is established; Harry Hansen is named first incumbent (in 1965)

Summer workshop series in Research in Business Finance begins

Summer workshop series in Research in Business Finance, supported by Ford Foundation, begins

Weatherhead Professorship is established

Weatherhead Professorship, honoring inventor Albert Weatherhead, is established; Robert Livernash is named first incumbent (in 1965)

Albert Gordon (MBA '25) heads a new committee on major gifts

Albert Gordon (MBA '25) heads a new committee on major gifts

Ford Foundation initiates supports 5-year "Multinational Enterprise Project

Ford Foundation initiates supports 5-year "Multinational Enterprise Project," a research program headed by Ray Vernon

Gund Professorship of Commercial Banking is established

Gund Professorship of Commercial Banking (2nd Gund chair at HBS) is established; Charlie Williams is named first incumbent (in 1966)

11,263 alumni contribute $700,000 to HBS Fund

11,263 alumni (42.4% of total) contribute $700,000 to HBS Fund

Baker Library sponsors colloquium on Source Materials in Business and Economic History

Baker Library sponsors colloquium on Source Materials in Business and Economic History, sponsored by new 5-year Kress Foundation grant

Charles Bliss is first incumbent of Little Chair

Little Chair, honoring industrialist Royal Little, is established; Charles Bliss is named first incumbent

Division of International Activities establishes program to give MBA graduates jobs in developing countries

Division of International Activities, with help from AID, establishes program to give MBA graduates jobs in developing countries; 6 members of Class of '66 take 2-year assignments overseas

HBS receives Ford Foundation grant to assist three Philippine universities develop graduate business programs

HBS receives Ford Foundation grant to assist three Philippine universities develop graduate business programs

Howard Raiffa is first incumbent of Frank Plumpton Ramsey Professorship of Managerial Economics chair

The Frank Plumpton Ramsey Professorship of Managerial Economics -- a joint HBS/Department of Economics chair -- is created; Howard Raiffa is named first incumbent

Abraham Zaleznik is first incumbent of Cahners-Rabb Professorship

Cahners-Rabb Professorship, honoring publisher Norman Cahners and food merchandiser Sidney Rabb, is established; Abraham Zaleznik is named first incumbent

Bertrand Fox named first incumbent of Schiff Professorship

Schiff Professorship, honoring financier Jacob Schiff, is established; Bertrand Fox is named first incumbent

Fundraising underway for new AMP buildings

Fundraising (led by Albert Gordon) is underway for new AMP buildings; some 40 companies contribute more than $3 million

International Teachers Program founded at HBS

The Ford Foundation gives $1.2 million in support of the "International Teachers Program," aimed at training case-method teachers from around the globe at HBS; Boston investor Charles Cotting donates the needed funds for a building to house ITP.

Lovett-Learned Professorship is established

Lovett-Learned Professorship, honoring Assistant Secretary of War Robert Lovett and HBS Professor Edmund Learned, is established; Walter Frese is named first incumbent (in 1968)

Wilbur England is first incumbent of Kresge Professorhsip

Kresge Professorship is established in honor of Sebastian Kresge; Wilbur England is named first incumbent

Eli Shapiro named first incumbent of Coleman Professorship

Coleman Professorship, honoring investment banker Sylvan Coleman (MBA '28) is established; Eli Shapiro is named first incumbent

HBS focuses on fundraising to expand faculty

Focus of HBS fundraising shifts from AMP building to financing expansion of faculty

Harding Professorship, honoring financier William Harding, is established

Harding Professorship, honoring financier William Harding, is established

Richard Dooley named first incumbent of Philips Professorship

Philips Professorship, honoring manufacturer Jesse Philips, is established; Richard Dooley is named first incumbent

"Doriot Fund" provides fellowships for foreign students

"Doriot Fund" is established to provide fellowships for foreign students

Chaired professorships increase during Baker's tenure

During Baker's tenure, number of chaired professorships has increased from 13 to 35

Doriot Fellowship established

Friends and former students of Georges Doriot establish a fellowship in his name to help foreign students at HBS

Gordon Donaldson is first incumbent of Smith Professorship

Smith Professorship, honoring Willard Prescott Smith, is established; Gordon Donaldson is named first incumbent

HBS Fund raises more than $1 million for the first time

HBS Fund raises more than $1 million for the first time

John Dearden is first incumbent of Krannert Professorship

Krannert Professorship, honoring manufacturer Herman Krannert, is established; John Dearden is named first incumbent

Ray Vernon is first incumbent of Herbert F. Johnson Professorship of International Business Management

Herbert F. Johnson Professorship of International Business Management is endowed; Ray Vernon is named first incumbent

The 1907 Foundation Professorship of Distribution is established

The 1907 Foundation Professorship of Distribution is established

Walter Frese is first incumbent of Dickinson Professorship

Dickinson Professorship, honoring accountant Arthur Dickinson, is established; Walter Frese is named first incumbent

HBS income more than 40% gifts

Current gifts account for more than 40% of HBS income (compared with 17% University-wide)

Ford Foundation makes grant to support HBS workshops in Europe

Ford Foundation makes grant to support HBS workshops in Europe to train European teachers in case-method research and teaching

Cassserly Professorship established

Cassserly Professorship, honoring investor Thomas Casserly, Jr.; Keith Butters is named first incumbent (in 1973)

Sarnoff Professorship established

Sarnoff Professorship, honoring communications executive David Sarnoff, is established; Richard Rosenbloom is named first incumbent

Black Chair is established

Black Chair, honoring agricultural economist John Black, is established

HBS endowment increases from $33.4 million to almost $43 million

In one year, HBS endowment increases from $33.4 million to almost $43 million, due to central write-up in book value and increased HBS fund-raising

HBS realizes nearly $1.26 million from the estate of Grace Ditman for construction of Cumnock Hall

HBS realizes nearly $1.26 million from the estate of Grace Ditman for construction of Cumnock Hall

Jesse Isidor Straus Professorship is established

Jesse Isidor Straus Professorship is established; Charles Christenson is named first incumbent

Robison Professorship is established

Robison Professorship, honoring manufacturing executive James Robison, is established; Wickham Skinner is named first incumbent

The 1907 Foundation Professorship in Transportation, Logistics, and Distribution is established

The 1907 Foundation Professorship in Transportation, Logistics, and Distribution (3rd HBS chair supported by the 1907 Foundation) is established; John Meyer is named first incumbent

Timken Professorship established

Timken Professorship, funded by Timken Foundation and Timken International Fund, is established; Hugo Uyterhoeven is named first incumbent

Wilson Professorship is established

Wilson Professorship, honoring entrepreneur Joseph Wilson, is established; Raymond Bauer is named first incumbent

Cherington Professorship is established

Cherington Professorship, honoring HBS Professor Paul Cherington (MBA '52); Bruce Scott is named first incumbent

McLean Professorship is established

McLean Professorship, honoring HBS Professor and oil-industry executive John McLean (MBA '40), is established; James Healy is named first incumbent

Chapman Professorship established

Chapman Professorship, honoring banker Richard Chapman (MBA '27), is established; Philip Thurston is named first incumbent

Endowment reaches $56.3 million

Endowment reaches $56.3 million (up from $25.5 million in 1969)

Adele Bozza Story VIDEO: RT: 05:48

Story regarding how she honors the memory of deceased classmates and celebrates the life of her husband, Joseph Grasser, MBA 1976. Her section truly consolidated its unity following a party before the last day of class when no one expected Prof. David Reibstein to present any cases. However, when he called on her, she had to pass as she was unprepared as was most of the class. Her classmates as a group supported her by revealing to the professor why they had not studied the case. To commemorate the achievements of her husband, whose dream was to create his own company, she has endowed the Joe Grasser Entrepreneurial Leadership Fund to empower and encourage new graduates to pursue their dreams and to follow their passions.

Goldston Professorship is established

Goldston Professorship, honoring lawyer and transportation executive Eli Goldston (MBA '46), is established; Henry Reiling is named first incumbent

Research budget is funded by HBS, government, foundations, corporations

Of $3.7 million research budget, $2.7 million is funded by HBS, $531,000 by government, $148,000 by foundadtions, and $122,000 by corporations

Byers Professorship is established

Byers Professorship, honoring banker and farmer Henry Byers (MBA '38), is established; Martin Marshall is named first incumbent

Carter Professorship is established

Carter Professorship, honoring Edward W. Carter (MBA '37) is established; Ted Levitt is named first incumbent

Roth Professorship is established

Roth Professorship of Retailing, honoring Stanley Roth, is established; Walt Salmon is named first incumbent (in 1980)

Annual giving reaches $5.3 million

Annual giving (from individuals and organizations) reaches $5.3 million (up from $2.9 million in 1975)

HBS Fund raises $3.5 million

HBS Fund raises $3.5 million, up 25% from previous year

Florence Glynn retires

Florence Glynn, admissions and financial-aid staffer for more than four decades, retires; is honored (in 1983) with the establishment of an endowed fellowship in her name

HBS receives a refurbished 50-year-old brass and mahogany trading post from the New York Stock Exchange

HBS receives a refurbished 50-year-old brass and mahogany trading post from the New York Stock Exchange

Kestnbaum Professorship is established

Kestnbaum Professorship, honoring clothier Meyer Kestnbaum (MBA '21), is established; to be shared between HBS and the Faculty of Arts and Sciences

Matsushita Professorship is established

Matsushita Professorship, honoring Konosuke Matsushita, is established; Abraham Zaleznik (in 1983) is named first incumbent

Sarofim-Rock Chair is established

Fayez Sarofim and Arthur Rock (both MBA '51) establish the Sarofim-Rock Chair

Class of 1957 Professorship is established

Class of 1957 Professorship is established

HBS Fund sets all-time record of $6.7 million

HBS Fund sets all-time record of $6.7 million

Ardis Giffen retires

Ardis Giffen, assistant placement director, retires after 37 years of service at HBS; is subsequently honored (in 1983) with the establishment of a $100,000 fellowship in her name

Fellowship fund is established honoring Robert Wood Johnson, Jr.

A $1.3 million fellowship fund is established honoring Robert Wood Johnson, Jr., former president of Johnson and Johnson

HBS Fund tops $6 million

HBS Fund tops $6 million

Matt Healey (MBA '64) establishes an HBS fellowship in his father's name

Matt Healey (MBA '64) establishes an HBS fellowship in his father's name

Tiampo Chair is established

Tiampo Chair, honoring Josefina and Jaime Chua Tiampo, is established; Stephen Fuller is named first incumbent (in 1984)

Class of '59 makes record reunion gift of more than $1.5 million

Class of '59 makes record reunion gift of more than $1.5 million

Class of 1958 Professorship is established

Class of 1958 Professorship is established

Fellowship fund honoring D. George Sullivan (MBA '29) is established

Fellowship fund honoring D. George Sullivan (MBA '29) and totaling more than $150,000 is established

Fouraker Professorship is established

Fouraker Professorship, honoring HBS Dean Lawrence Fouraker, is established; Paul Vatter is named first incumbent

Industrial Bank of Japan Professorship is established

Industrial Bank of Japan Professorship is established; Thomas Piper is named first incumbent

The Stanley Roth, Sr. Charitable Trust makes a gift in support of HBS doctoral students

The Stanley Roth, Sr. Charitable Trust makes a $1.5 million gift in support of HBS doctoral students

William Abernathy dies

William Abernathy, 50, dies of cancer; is honored with the establishment of a research endowment

Bower Fellows Program established

Bower Fellows Program, honoring Marvin Bower (MBA '30), is established with a $2 million gift from McKinsey & Company to support research by outstanding scholars

Class of '49 raises $1.25 million to create new professorship

Class of '49 raises $1.25 million to create new professorship

Class of '54 raises $1.25 million to endow a professorship

Class of '54 raises $1.25 million to endow a professorship

Class of '60 raises $1.75 million and creates professorship

Class of '60 raises $1.75 million and creates professorship

Morgan Stanley establishes minority fellowship program at HBS

As part of its 50th anniversary celebration, Morgan Stanley establishes minority fellowship program at HBS

Class of '55 establishes the Dimitri V. d'Arbeloff-Class of 1955 Chair

Class of '55 establishes the Dimitri V. d'Arbeloff-Class of 1955 Chair, honoring classmate and high-tech entrepreneur d'Arbeloff

Class of 1961 Visiting Professorship in Entrepreneurship established

Class of '61 raises a record $2.75 million reunion gift; establishes the Class of 1961 Visiting Professorship in Entrepreneurship

Contributions to HBS Fund reach $12.5 million

Contributions to HBS Fund reach $12.5 million

Fund drive to raises $1.5 million for the Charles M. Williams Fund

Paul Judy and Richard Jenrette (both MBA '57) lead successful drive to raise $1.5 million for the "Charles M. Williams Fund," promoting excellence in teaching

George Dively endows the Dively Award

George Dively (MBA '29) endows the Dively Award for the most outstanding doctoral student in the third year

Rene McPherson (MBA '52) establishes the Nancy R. McPherson Professorship in honor of his wife

Rene McPherson (MBA '52) establishes the Nancy R. McPherson Professorship in honor of his wife; Regina Herzlinger is named first incumbent

Bowen McCoy (MBA '62) and Janice McCoy (HRPBA '61) endow the Henry B. Arthur Fund for Business Ethics

Bowen McCoy (MBA '62) and Janice McCoy (HRPBA '61) endow the Henry B. Arthur Fund for Business Ethics

Class of '61's Section C achieves highest giving percentage ever achieved

Class of '61's Section C achieves highest giving percentage ever achieved (96.4%); the "Ed Kelley Award" is established in honor of Section C's fund agent

Class of '62 makes a record $4.5 million gift and establishes fund for distinguished faculty fellows

Class of '62 makes a record $4.5 million gift and establishes fund for distinguished faculty fellows

George Beitzel (MBA '52) establishes doctoral fellowship fund

George Beitzel (MBA '52) establishes doctoral fellowship fund

Gordon Stubbs establishes a fellowship fund

Gordon Stubbs (MBA '36) establishes a $3 million fellowship fund in the name of Deloitte, Haskins & Sells

John S.R. Shad (MBA '49) pledges $30 million to support research and teaching in ethics and leadership at HBS.

John S.R. Shad (MBA '49) pledges $30 million to support research and teaching in ethics and leadership at HBS.

Class of '63 celebrates 25th reunion with all-time record gift

Class of '63 celebrates 25th reunion with all-time record gift of $5 million, earmarked to support Chris Christensen's program in effective teaching, and to endow a chair in his name

Gifts from Harry E. Figgie (MBA '49) and Figgie International establish the Figgie Professorship

Gifts from Harry E. Figgie (MBA '49) and Figgie International establish the Figgie Professorship

A memorial fund honoring Howard Whitmore (MBA '64), former HBS administrator, is established

A memorial fund honoring Howard Whitmore (MBA '64), former HBS administrator, is established

A record 36 students take part in Nonprofit Management Fellowship Program, supported by alumni and $20,000 from annual student fund drive

A record 36 students take part in Nonprofit Management Fellowship Program, supported by alumni and $20,000 from annual student fund drive

Alumni house named in honor of Gipp Ludcke and his wife for their generous gift

Gipp Ludcke (MBA '25) and his wife make generous gift to HBS; Alumni House (former Faculty Club) is renamed in their honor

Class of '56 gives reunion gift to create executive program for older alumni

Class of '56 earmarks its $1.5 million reunion gift for creation of an executive program for older alumni; result (in 1993) is Age of Options program

Class of '89 members contribute to Nonprofit Management Fellowship Program fund

More than half of members of Class of '89 contribute to Nonprofit Management Fellowship Program fund

Financial aid fund is created in memory of Colman Mockler

Colman Mockler (MBA '54), CEO of Gillette, dies; the Joanna and Colman M. Mockler, Jr., Financial Aid Fund is created in his memory

Malcolm Smith leaves bequest to honor Marvin Bower and Grant Keehn

Malcolm Smith (MBA '28) leaves $200,000 bequest to honor Marvin Bower (MBA '30) and Grant Keehn (MBA '23)

Robert Hayes named first incumbent of Caldwell Professorship

Caldwell Professorship, honoring Ford executive Philip Caldwell (MBA '42), is established; Robert Hayes is named first incumbent

Shoshana Zuboff named first incumbent of newly endowed Hertzberg Professorship

Benjamin (MBA '33) and Lililan Hertzberg endow the Hertzberg Professorship; Shoshana Zuboff is named first incumbent

Teresa Heinz funds development of teaching materials on environmental issues

With funding from Teresa Heinz, Richard Vietor and Forest Reinhardt begin developing teaching materials on environmental issues

HBS experiments with loan-forgiveness program for graduating students who take public-service jobs

With support from Richard Menschel (MBA '59), HBS experiments with loan-forgiveness program for graduating students who take public-service jobs

Teresa Heinz endows Heinz Professorship of Environmental Management in memory of John Heinz (MBA '63)

Teresa Heinz endows Heinz Professorship of Environmental Management in memory of John Heinz (MBA '63)

Daewoo Professorship is established; Ramchandran Jaikumar is subsequently named first incumbent

Daewoo Professorship, first HBS chair created by a Korean company, is established; Ramchandran Jaikumar is subsequently named first incumbent

Initiative in Social Enterprise is launched

An "Initiative in Social Enterprise" is launched, with significant initial funding from John C. Whitehead (MBA '47).

Starr Professorship is established; David Yoffie is named first incumbent

Starr Professorship, honoring Max and Doris Starr, is established; David Yoffie is named first incumbent

HBS Fund brings in a record $20 million

Through efforts of 1,000 volunteers and 12,000 donors, HBS Fund brings in a record $20 million

Very successful fund drive raises $38 million

Matthew Simmons (MBA '67), Warren Alpert (MBA 6/'47), Albert Gordon (MBA '25), James Robison (MBA '4), and Marvin Bower MBA '30) lead successful effort to raise $38 million for fund to honor John and Natty McArthur, including $5 million for a University Professorship to be named for the McArthurs

John Bo Kemp Story VIDEO: RT: 05:47

Story regarding how he fulfilled his father's wish that he follow him at HBS. Before passing away, John Kemp, MBA 1981, expressed his desire that his son also attend the School. As a member of the student senate, he co-coordinated Class Day 1998, at which Dick Spangler announced his gift of a new center at HBS. At reunions, he delights in reconnecting with faculty members, such as Prof. Joshua Lerner, and to reflect on the past decade.

Arthur Rock Center for Entrepreneurship established

The Arthur Rock Center for Entrepreneurship, intended to support research, course development, and teaching in entrepreneurship, is established with a $25 million gift from venture capitalist Arthur Rock (MBA '51); Rock Hall is dedicated in his honor

HBS launches $500 million capital campaign

HBS launches its first formal capital campaign since the 1920s, seeking $500 million; C. D. "Dick" Spangler (MBA '56) serves as chair.

Gayle and Robert Greenhill (MBA '62) donate $15 million to support international research and course-development activities; "Greenhill House" is dedicated in their honor

Gayle and Robert Greenhill (MBA '62) donate $15 million to support international research and course-development activities; "Greenhill House" is dedicated in their honor

Hansjoerg Wyss (MBA '65) makes $25 million gift in support of HBS doctoral programs; "Wyss Hall" is dedicated in his honor (in 2006)

Hansjoerg Wyss (MBA '65) makes $25 million gift in support of HBS doctoral programs; "Wyss Hall" is dedicated in his honor (in 2006)

HBS capital campaign completed

Capital Campaign is completed; nearly $600 million is raised against the $500 million target, including 150 new fellowship funds totaling more than $112 million, and $35 million in unrestricted gifts

Susan Hamilton Story VIDEO: 12.5 minutes

Story regarding her experience working in the development department of HBS since 1992. She elaborates on her first business trip, the international travels of a "road warrior", getting to know alumni, and the solidarity of HBS staff.

The Konosuke Matsushita Professorship in Leadership VIDEO: RT: 05:22

Interview clip with HBS faculty member Abraham Zaleznik who recounts how, through connections with the McKinsey Company and Japanese businessman Kenichi Ohame, Dean John MacArthur sent him and Roland Christensen to Japan to convince industrialist Konosuke Matsushita to endow an HBS professorship in leadership, their success, and his being named to the position.