{"id":2074,"date":"2025-01-22T14:57:09","date_gmt":"2025-01-22T22:57:09","guid":{"rendered":"https:\/\/www.hmc.edu\/annual-report\/?page_id=2074"},"modified":"2025-12-10T13:44:08","modified_gmt":"2025-12-10T21:44:08","slug":"2023-2024","status":"publish","type":"page","link":"https:\/\/www.hmc.edu\/annual-report\/2023-2024\/","title":{"rendered":"Annual Report 2023\u20132024"},"content":{"rendered":"\n<div class=\"wp-block-mudd-facts-box\"><div>\n<div class=\"wp-block-mudd-facts-copy-wrapper\"><h2 class=\"wp-block-mudd-facts-copy-wrapper-heading\">Class of 2028<\/h2>\n<p>8% increase overall in applications.<br>Represent 25 states plus D.C. and 10 non-U.S. countries; 43% from California<\/p>\n<\/div>\n\n\n\n<div data-fact-count=\"3\" class=\"wp-block-mudd-facts-wrapper\"><ul>\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">232<\/span><span class=\"wp-block-mudd-fact-desc\">Entering Students<\/span><\/span><\/li>\n\n\n\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">50%<\/span><span class=\"wp-block-mudd-fact-desc\">Female<\/span><\/span><\/li>\n\n\n\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">16%<\/span><span class=\"wp-block-mudd-fact-desc\">First-generation College Students<\/span><\/span><\/li>\n<\/ul><\/div>\n\n\n\n<div class=\"wp-block-mudd-facts-cta-wrapper\"><\/div>\n<\/div><\/div>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped primary-show wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2107\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-1.jpg\" alt=\"\" class=\"wp-image-2107\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-1.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-1-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Community discussions about strategic planning and launching a comprehensive campaign provide HMC constituents with opportunities to learn, share their ideas and develop a final plan that will be unveiled in spring 2025.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2108\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-204-2.jpg\" alt=\"\" class=\"wp-image-2108\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-204-2.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-204-2-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">HMC addresses concerns about its ties with defense companies by holding community forums and creating a Strategic Planning Task Force on Clinic and Corporate Partnerships.<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<div class=\"wp-block-mudd-page-feature ar-feature\" style=\"background-image:url(https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-page-feature.jpg)\"><div class=\"wp-block-mudd-page-feature-inner\"><div class=\"wp-block-mudd-page-feature-content\"><h2 class=\"wp-block-mudd-page-feature-heading\"><\/h2>\n<p>The College community celebrates the inauguration of President Harriet B. Nembhard, sixth president of Harvey Mudd College, Feb. 29\u2013March 1.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped primary-show wp-block-gallery-2 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2110\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-4.jpg\" alt=\"\" class=\"wp-image-2110\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-4.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-4-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Board of trustees approve launch of HMC\u2019s first Innovation Accelerator, which provides significant funding for faculty and staff to drive innovation and excellence.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2111\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-5.jpg\" alt=\"\" class=\"wp-image-2111\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-5.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-5-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">President Nembhard and 60 other U.S. college presidents join College Presidents for Civic Preparedness, a new initiative to advance civic education.<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<div class=\"wp-block-mudd-showcase-single is-style-no-headings\"><div class=\"wp-block-mudd-showcase-single-image-wrapper\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-block-mudd-showcase-single-image\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-6.jpg\" alt=\"\" width=\"768\" height=\"450\"\/><\/div><div class=\"wp-block-mudd-showcase-single-content-wrapper\"><div class=\"wp-block-mudd-showcase-single-copy\">\n<p>At the 26th annual Interdisciplinary Contest in Modeling, a Harvey Mudd team earns the designation of Outstanding, placing in the Top 18 out of 10,000 teams. Their solution was recognized with a Mathematical Association of America Award and with the International COMAP Scholarship Award ($10,000).<\/p>\n<\/div><\/div><\/div>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped primary-show wp-block-gallery-3 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-full is-style-default\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2113\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-7.jpg\" alt=\"\" class=\"wp-image-2113\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-7.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-7-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Hixon Center for Climate and the Environment teams with the Clinic Program to provide two fully funded Climate Clinics, supporting the College\u2019s commitment to climate science. Ten projects explore climate technology in the energy and automotive sectors as well as national labs.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2114\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-8.jpg\" alt=\"\" class=\"wp-image-2114\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-8.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-8-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Board approves Phase 2 of the Solar Photovoltaic Array Project, which will add solar to the roofs of South and Linde dorms, Linde Activities Center and Linde Field, increasing the College\u2019s solar energy production by almost 30% of its annual energy use.<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<div class=\"wp-block-mudd-showcase-single is-style-no-headings-dark\"><div class=\"wp-block-mudd-showcase-single-image-wrapper\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-block-mudd-showcase-single-image\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-9.jpg\" alt=\"\" width=\"768\" height=\"450\"\/><\/div><div class=\"wp-block-mudd-showcase-single-content-wrapper\"><div class=\"wp-block-mudd-showcase-single-copy\">\n<p>The Camille and Henry Dreyfus Foundation awards the Department of Chemistry a 2023 Jean Dreyfus Boissevain Lectureship for Undergraduate Institutions, which funds the visit of renowned organic chemist Richmond Sarpong and supports chemistry summer research for two students.<\/p>\n<\/div><\/div><\/div>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped primary-show wp-block-gallery-4 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2116\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-10.jpg\" alt=\"\" class=\"wp-image-2116\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-10.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-10-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Faculty approve new joint major in chemistry and climate (available in 2024\u20132025 academic year). Developed by The Hixon Center for Climate and the Environment and the Department of Chemistry, it is the first joint major with a climate focus.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2117\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-11.jpg\" alt=\"\" class=\"wp-image-2117\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-11.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-11-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Faculty members (including Bilin Zhuang and Jamie Haddock) earn grants from the National Science Foundation, OutHistory Foundation and the Social Science Research Council\u2019s Sloan Scholar Mentoring Network for research related to bioinspired fluid mechanics, social justice activism, computational chemistry and biomaterials research.<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<div class=\"wp-block-mudd-facts-box clear\"><div>\n<div class=\"wp-block-mudd-facts-copy-wrapper\"><h2 class=\"wp-block-mudd-facts-copy-wrapper-heading\">Alumni and Parents<\/h2>\n<p>The Office of Alumni and Parent Relations partners with the Alumni Association Board of Governors and the Parent Leadership Council to provide programs and resources that cultivate lasting, meaningful relationships with the College and among its alumni and parents.<\/p>\n<\/div>\n\n\n\n<div data-fact-count=\"3\" class=\"wp-block-mudd-facts-wrapper\"><ul>\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">71<\/span><span class=\"wp-block-mudd-fact-desc\">engagement opportunities for alumni, parents and students<\/span><\/span><\/li>\n\n\n\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">1,868<\/span><span class=\"wp-block-mudd-fact-desc\">attendees at events held virtually and in 30 cities across the US and around the world<\/span><\/span><\/li>\n\n\n\n<li class=\"wp-block-mudd-fact\"><span><span class=\"wp-block-mudd-fact-stat\">322<\/span><span class=\"wp-block-mudd-fact-desc\">alumni and parents engaged in volunteer support of the College<\/span><\/span><\/li>\n<\/ul><\/div>\n\n\n\n<div class=\"wp-block-mudd-facts-cta-wrapper\"><\/div>\n<\/div><\/div>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-2 is-cropped primary-show wp-block-gallery-5 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2118\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-12.jpg\" alt=\"\" class=\"wp-image-2118\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-12.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-12-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">In celebration of science and technology-based partnerships, the Harvey Mudd College Office of Civic and Community Engagement hosts the 10th annual Voices of Engagement event, showcasing projects with local and national partners that support community outreach efforts.<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"450\" data-id=\"2119\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-13.jpg\" alt=\"\" class=\"wp-image-2119\" srcset=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-13.jpg 768w, https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-13-300x176.jpg 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><figcaption class=\"wp-element-caption\">Harvey Mudd students earn prestigious awards from Astronaut Scholarship Foundation (two scholars), Hertz Foundation, Barry Goldwater Scholarship and Excellence in Education Foundation, Europa ICONS Internship Program and 776 Fellowship Program.<\/figcaption><\/figure>\n<\/figure>\n\n\n\n<div class=\"wp-block-mudd-quote-box center\" style=\"background-image:url(https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-Quote-background.jpg)\"><div class=\"wp-block-mudd-quote-box-inner\"><div class=\"wp-block-mudd-quote-box-image\"><img decoding=\"async\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/Jim-circle.png\" alt=\"\" class=\"prerounded\"\/><\/div><div class=\"wp-block-mudd-quote-box-text\"><blockquote><p class=\"wp-block-mudd-quote-quote\">\u201cWe\u2019ve had another productive and impressive year, and I\u2019m pleased to present highlights from fiscal year 2022\u20132023.\u201d<\/p><\/blockquote><p class=\"wp-block-mudd-quote-citation\"><cite>JIM BEAN \u201977 <br>CHAIR, BOARD OF TRUSTEES<\/cite><\/p>\n<span class=\"wp-block-mudd-button\"><a href=\"https:\/\/www.hmc.edu\/annual-report\/2023-2024\/letter-from-the-chair\/\"><span>More Details<\/span><\/a><\/span>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-mudd-showcase-single\"><div class=\"wp-block-mudd-showcase-single-image-wrapper\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-block-mudd-showcase-single-image\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-Endowment-market-value-2.png\" alt=\"\" width=\"768\" height=\"450\"\/><\/div><div class=\"wp-block-mudd-showcase-single-content-wrapper\"><h2 class=\"wp-block-mudd-showcase-single-heading\">Financial Review<\/h2><div class=\"wp-block-mudd-showcase-single-copy\">\n<p>Harvey Mudd continues to maintain positive operating results, which demonstrates the College\u2019s strong budgetary measures to meet institutional goals. Endowment returns for the past fiscal year increased due to positive performance results from underlying investment asset classes. The College\u2019s administration and trustees will continue to strengthen financial resources while monitoring the changing economic and political landscapes both domestically and globally. The past fiscal year has seen exciting new additions to Mudd\u2019s leadership, faculty and staff, and with continued support from community members, positive financial outlooks are projected in the coming years.<\/p>\n\n\n\n<span class=\"wp-block-mudd-button\"><a href=\"https:\/\/www.hmc.edu\/annual-report\/2023-2024\/financial-review\/\"><span>Read Financial Review<\/span><\/a><\/span>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-mudd-showcase-single\"><div class=\"wp-block-mudd-showcase-single-image-wrapper\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-block-mudd-showcase-single-image\" src=\"https:\/\/www.hmc.edu\/annual-report\/wp-content\/uploads\/sites\/60\/2025\/01\/2023-2024-15.jpg\" alt=\"\" width=\"768\" height=\"450\"\/><\/div><div class=\"wp-block-mudd-showcase-single-content-wrapper\"><h2 class=\"wp-block-mudd-showcase-single-heading\">Advancement Review<\/h2><div class=\"wp-block-mudd-showcase-single-copy\">\n<p>Thanks to generous gifts to the Annual Fund, $4,553,485 was raised to provide scholarship assistance and operating support. The College\u2019s strong fundraising results were achieved with loyal and generous support of our donor community.<\/p>\n\n\n\n<span class=\"wp-block-mudd-button\"><a href=\"https:\/\/www.hmc.edu\/annual-report\/2023-2024\/advancement-review\/\"><span>Read Advancement Review<\/span><\/a><\/span>\n<\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":2106,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-primary.php","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2074","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/2074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/comments?post=2074"}],"version-history":[{"count":42,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/2074\/revisions"}],"predecessor-version":[{"id":2298,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/pages\/2074\/revisions\/2298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/media\/2106"}],"wp:attachment":[{"href":"https:\/\/www.hmc.edu\/annual-report\/wp-json\/wp\/v2\/media?parent=2074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}