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Cambridge

Cambridge

With a nearly 400-year shared history, ³Ô¹ÏÐÂÎÅ’s deep connection with the City of Cambridge has helped to create the dynamic campus that makes ³Ô¹ÏÐÂÎÅ a special place to teach, learn, live, and work. The University is committed to collaborations that build upon this shared vision of community and that enhance the lives of Cambridge residents.

Meeting the critical needs of Cambridge residents

³Ô¹ÏÐÂÎÅ works closely with Cambridge city and nonprofit partners to deliver programs that help respond to regional challenges—such as food security, access to justice, and affordable housing.

  • 1,600+

    Units of affordable housing created or preserved through the ³Ô¹ÏÐÂÎÅ Local Housing Collaborative in the past 20 years

  • 690+

    Cambridge residents received free legal services through ³Ô¹ÏÐÂÎÅ Law School’s Clinical and Pro Bono Programs in 2019

  • 2,000

    Meals donated weekly by ³Ô¹ÏÐÂÎÅ in partnership with Cambridge-based nonprofit, Food for Free

Supporting the local economy

As the anchor of ³Ô¹ÏÐÂÎÅ Square, ³Ô¹ÏÐÂÎÅ is a robust contributor to Cambridge’s economy—attracting tourism, providing jobs, generating local spending, and supporting Cambridge-based businesses. The University is also a cultural anchor, providing Cambridge residents with free admission to its museums, including the ³Ô¹ÏÐÂÎÅ Art Museum and ³Ô¹ÏÐÂÎÅ Museum of Natural History.

  • 24

    ³Ô¹ÏÐÂÎÅ has been the largest employer in Cambridge for 24 consecutive years

  • 4,500+

    Cambridge residents directly employed by ³Ô¹ÏÐÂÎÅ

  • $121M

    Spent in construction, supplies, and services in Cambridge in FY23

Supporting Cambridge public schools

³Ô¹ÏÐÂÎÅ is committed to partnerships designed to ensure that all Cambridge Public Schools (CPS) students have opportunities to achieve academic success. In addition to student programs, ³Ô¹ÏÐÂÎÅ also seeks to leverage University-wide resources and create opportunities for CPS educators to access professional development, academic coursework, and workshops.

  • $14.1M

    In scholarship aid provided to ³Ô¹ÏÐÂÎÅ College students from Cambridge in last 10 years

  • All CPS

    ³Ô¹ÏÐÂÎÅ programs are available to students in every CPS school, including elementary schools, upper schools, and the Cambridge Rindge and Latin School

  • 85+

    CPS teachers participated in professional development opportunities in 2021

Spotlights

  • $40M

    In Payments-in-Lieu-of-Taxes (PILOT) to the City of Cambridge in the last 10 years

     

    ³Ô¹ÏÐÂÎÅ was one of the first organizations to make voluntary PILOT payments to the City of Cambridge.

  • $62M

    In taxes paid to the City of Cambridge in the last 10 years

     

    ³Ô¹ÏÐÂÎÅ is the sixth largest taxpayer in the City of Cambridge, paying taxes on the University’s non-exempt property.

  • AAA

    ³Ô¹ÏÐÂÎÅ’s stable presence in the City is cited by the three major credit rating agencies in the nation as supporting Cambridge’s AAA bond rating. The rating has enabled Cambridge to finance a variety of projects at favorable rates, resulting in savings to taxpayers.

³Ô¹ÏÐÂÎÅ’s PILOT and tax payments to the city of Cambridge over 10 years

A graph showing an increasing amount of taxes and payments in lieu of taxes being paid each year.