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HMS Announces Spike in Donations, $18 Million Pledge from Blavatnik as Trump Drains Research Funding

Harvard

Harvard Medical School has pulled in a raft of small-dollar donations and a major gift from billionaire Leonard V. Blavatnik, who froze contributions in 2023 amid outcry over campus antisemitism, as the school faces steep federal funding cuts, its dean announced on Thursday. Blavatnik committed $18.86 million to continue an awards program for translational therapeutics research and launch a new funding pool for early-career researchers. $5.75 million of those funds will be earmarked for junior faculty conducting basic research at the HMS Quad.

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