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Harvard University pledges $100 million for slavery reparations

Harvard University released a report last week about the institution’s legacy of slavery and racism and pledged to spend $100 million to fund programs addressing its past wrongs.

The findings come some three years after Harvard President Larry Bacow began the initiative in 2019. On April 26, Bacow announced the findings and provided his recommendations for the university.

“The truth is that slavery played a significant part in our institutional history. The truth is that the legacy of slavery continues to influence the world in the form of disparities in education, health, wealth, income, social mobility, and almost any other metric we might use to measure equality,” said Bacow in a video announcement.

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