Harvard University is facing a potential annual budget shortfall of approximately $1 billion due to the Trump administration's proposed and implemented measures affecting research funding, tax policy, and student enrollment. These federal actions include a recently passed tax increase on Harvard's endowment. In response to these financial pressures and declining donations, Harvard is exploring new revenue streams, notably expanding its executive education programs, which currently generate nearly $600 million annually. Additionally, the university is considering establishing a conservative scholarship center, modeled after institutions like the Hoover Institution, as it navigates increased scrutiny from the Trump administration over issues including campus antisemitism and perceived liberal bias. Harvard is also looking at unlocking value from its real estate assets to mitigate the financial challenges posed by the federal measures.