Stanford Again Is Top Fund-Raiser With $198 Million
For the second straight year, Stanford University led the nation’s colleges and universities in raising money from corporations, alumni, foundations and other private sources, according to a survey released Tuesday.
Stanford, which took first place from Harvard University in 1985, maintained its top position for the 1986-87 school year by raising $198,534,823, according to the survey by the Council for Aid to Education, a nonprofit education advocacy group. The only other California school to make the top-10 list of fund-raisers was USC, which ranked 10th with donations totaling $91,203,534 for the academic year.
Harvard raised $177,976,000 for second place nationally and Cornell University was third, with reported contributions of $149,702,435.
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