Status
The Arboretum is privately endowed as a department of Harvard University. The land was deeded to the City of Boston in 1882 and incorporated into the so-called "Emerald Necklace". Under the agreement with the City, Harvard University was given a thousand-year lease on the property, and the University, as trustee, is directly responsible for the development, maintenance, and operation of the Arboretum; the City retains responsibility for water fountains, benches, roads, boundaries, and policing. The annual operating budget of $7,350,644 (fiscal year 2003) is largely derived from the endowment, which is also managed by the University. All Arboretum staff are University employees. Other income is obtained through granting agencies and contributors.
Read more about this topic: Arnold Arboretum
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