Office of the Chief Financial Officer & Treasurer

The Office of the Chief Financial Officer & Treasurer is responsible for supervision and management of financial and business operations at Howard University.

The mission of the Office of the Chief Financial Officer & Treasurer is to assist the President, the Board of Trustees, the Cabinet and the Deans – on behalf of all faculty, students and staff – in achieving and maintaining sustainable financial stability for the entire University and all of its schools and component units.  The Office of the CFO & Treasurer helps Howard University to be a responsible steward of the funds entrusted to the University by its students and their families, donors, grantors, and other supporters. 

Karol Kain Gray maintains responsibility for all aspects of the financial management of the University, including budget planning and resource allocation, accounting and financial reporting, accounts payable, accounts receivable, payroll, procurement, and cash management. She provides oversight of Howard University Hospital’s financial management and oversees investment management for Howard’s endowment and pension, debt management and capital planning.

Frank Bello currently serves as chief investment officer and assistant vice president for Howard University’s $1.2 billion endowment and retirement pension funds. He also participates in bringing awareness to the Howard University endowment fund by raising campaign and investment capital to achieve mission critical goals of the University.