Slavery reparations: Harvard sets up $100m endowment fund

NEW YORK: Harvard University is setting aside $100 million for an endowment fund and other measures to close the educational, social and economic gaps that are legacies of slavery and racism, according to an email the university’s president sent to all students, faculty and staff on Tuesday.

The email from Harvard President Lawrence Bacow included a link to a 100-page report by his university’s 14-member Committee on Harvard and the Legacy of Slavery.