Net Present Value: Harvard, Stanford top universities in donations

Thursday, March 3, 2005

Harvard, Stanford top universities in donations

According to this New York Times story (registration required), donations to colleges and universities increased by 3.4% (0.7% after adjusted for inflation) to $24.4B in the year that ended in June 2004 according to a report by the Council for Aid to Education:

Harvard, which led the list for the 27th time in the past 36 years, received $540 million, slightly below the $545 million it received the previous year. Stanford saw its contributions climb 8 percent last year, to $524 million.

...Alumni were the largest source of charitable giving last year, accounting for $6.7 billion, or 28 percent of the total. Other big sources were foundations, $6.2 billion; individual donors who were not alumni, $5.2 billion; and corporations, $4.4 billion.

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