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20 US Universities That Raised The Most Money In 2017

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

Rank Institution Total raised
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
Alumni $11.37 billion 26.1%
Nonalumni individuals $7.86 billion 18.0%
Corporations $6.60 billion 15.1%
Foundations $13.13 billion 30.1%
Other $4.64 billion 10.6%
TOTAL $43.6 billion

 

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Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is chief executive and editorial director of The CEOWORLD magazine, overseeing the organization’s news and features departments.

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