Harvard pledges $100 million to atone for role in slavery

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Harvard University is vowing to spend $100 million to research and atone for its ties with slavery

FILE - In this Dec. 13, 2018, file photo, a gate opens to the Harvard University campus in Cambridge, Mass. Harvard President Lawrence Bacow announced Tuesday, April 26, 2022 that the university is committing $100 million to study its ties to slavery and create a"Legacy of Slavery Fund.

“Enslaved men and women served Harvard presidents and professors and fed and cared for Harvard students,” researchers found. “Moreover, throughout this period and well into the 19th century, the University and its donors benefited from extensive financial ties to slavery.” Building on earlier research at Harvard, the report details how the nation's oldest and wealthiest college profited from the slave trade throughout its early history. It invested directly in the sugar and rum industries in the Caribbean, and the cotton and railroad industries in the United States. It also depended on wealthy donors who accumulated their wealth through the slave trade and industries that relied on it.

“Consequently, I believe we bear a moral responsibility to do what we can to address the persistent corrosive effects of those historical practices on individuals, on Harvard, and on our society,” he wrote. “Through such efforts, these descendants can recover their histories, tell their stories and pursue empowering knowledge,” the report said.

Harvard joins a growing number of U.S. universities taking steps to acknowledge and make amends for their involvement with slavery.

 

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