01 Mar 2019

The HBS Fund

When you donate to HBS, here is how you are making a difference


Most alumni gifts go to the HBS Fund, which provides flexible resources the School can spend immediately on both core priorities and new initiatives. Your gifts support the people and programs that have a tremendous impact on business and, in turn, society. These are just a few examples.

Helping Business Become More Sustainable

The notion of “doing well by doing good” is gaining momentum as business leaders and investors realize that social responsibility can improve the bottom line. That’s why HBS Online introduced a course on Sustainable Business Strategy, developed and taught by Professor Rebecca Henderson. Henderson’s research explores how organizations respond to large-scale technological shifts, most recently in regard to energy and the environment. Through interactive case studies, students learn how businesses can thrive and grow while helping to solve big problems such as climate change and income inequality. They also learn how to drive change at their own companies. One student credits the program with completely changing his perspective: “I feel like a new person, with a new thought process, driven by purpose.”

Speeding Up Emergency Response Times

Until recently, 911 operators in the United States were only able to glean a general estimate of location from mobile calls, thus hampering response times. Now, thanks to technology developed by RapidSOS, calls received from most Android phones automatically transmit faster and more accurate location information to emergency personnel—potentially saving more than 10,000 lives annually. RapidSOS participated in the Harvard Innovation Labs’ Venture Incubation Program while co-founder Michael Martin (MBA 2015) was a student at HBS. The startup leveraged the Harvard i-lab’s facilities, resources, and connections to develop and grow.

Putting An HBS Education Within Reach

Diamond Richardson (MBA 2019) gets her work ethic from her mother, who earned a college degree while raising two young children. “She taught me that you can do anything if you really put the effort into it,” says Richardson. The Texas native was thrilled to be accepted to HBS, but she wondered how she would pay for it and how much debt she could handle. Generous financial aid enabled her to attend HBS, where she blogs about her MBA experience. She is the co-founder of Thrive, an online community designed to support women of color who are pursuing MBAs and careers in business and technology. “Without financial aid, I wouldn’t be here and be able to share my story,” she explains.

Advancing Women Leaders In Japan

HBS faculty members are engaged in helping Japan address a critical challenge: the country’s persistently low economic growth. Prime Minister Shinzo Abe, a firm believer that the professional advancement of women is key to addressing this issue, invited Professor Hirotaka Takeuchi to develop a program, now in its third year, to train Japanese women for management and leadership roles. Professor Takeuchi, with colleagues Joseph Badaracco and David Moss, taught and shared their research in the January 2019 week-long program, which also educates business executives and government officials about the importance of empowering and promoting women employees. The HBS Japan Research Center helped to attract the 180 people who have participated to date.

Learn more about the HBS Fund at alumni.hbs.edu/hbsfund.

Featured Alumni

Featured Alumni

Class of MBA 2015, Section F

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