News Summary: Stanford first college to raise $1B

Print
Email
|

Associated Press

Posted on February 20, 2013 at 2:02 PM

RECORD: Stanford University set a record for college fundraising, the first school to collect more than $1 billion in a single year. Stanford ranked first in the Council for Aid to Education's annual college fundraising survey for the eighth straight year.

HAUL INCREASES: In 2012, roughly 3,500 U.S. colleges and universities raised $31 billion, up 2.3 percent from the previous year. The record is $31.6 billion raised in 2008.

ELITE SCHOOLS: Harvard University, Yale University, the University of Southern California and Columbia University round out the top five fundraisers. The University of California, Berkeley, eighth overall, was the top fundraiser among public universities, raising $405 million.

Print
Email
|