Harvard University, known for its aggressive fundraising campaign, raised an all-time high $1.28 billion in the fiscal year 2017, surpassing fundraising totals from 2016 and topping Stanford University’s fundraising total ($1.13 billion) for a second consecutive year.
In 2017, Harvard and Stanford were the only two universities to surpass the $1 billion mark, , according to the Council for Aid to Education (CAE).
In the past, Stanford has traditionally topped Harvard’s charitable contributions, outpacing Harvard 9 out of the past 12 years.
The list of 20 institutions includes 5 Ivy League universities: Yale University ($595.89 million), Columbia University ($603.08 million), the University of Pennsylvania ($626.49 million), Cornell University ($743.5 million), and Harvard University ($1.28 billion).
Donations to American colleges and universities totaled $43.6 billion in 2017, displacing the $41 billion total set in 2016.
The 20 US Universities That Raised The Most Money in 2017
|1||Harvard University||$1.28 billion|
|2||Stanford University||$1.13 billion|
|3||Cornell University||$743.50 million|
|4||Massachusetts Institute of Technology||$672.94 million|
|5||University of Southern California||$668.33 million|
|6||Johns Hopkins University||$636.91 million|
|7||University of Pennsylvania||$626.49 million|
|8||Columbia University||$603.08 million|
|9||Yale University||$595.89 million|
|10||Duke University||$581.05 million|
|11||New York University||$567.12 million|
|12||University of Washington||$553.89 million|
|13||University of California-Los Angeles||$550.93 million|
|14||University of Chicago||$483.47 million|
|15||University of Michigan||$456.13 million|
|16||University of Notre Dame||$451.43 million|
|17||University of California-San Francisco||$422.17 million|
|18||University of California-Berkeley||$404.59 million|
|19||Ohio State University||$401.85 million|
|20||Indiana University||$398.26 million|
Amount Raised From Different Sources, 2017
|Source||Total||Percentage of total|
|Nonalumni individuals||$7.86 billion||18.0%|
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