Photographer: David Madison/Getty Images

U.S. Universities Raised a Record $40.3 Billion Last Year

  • U.S. colleges raised a record $40.3 billion in fiscal 2015
  • Eight gifts of $100 million or more went to four universities

Stanford University beat Harvard University once again in annual donations as U.S. universities raised a record $40.3 billion, bolstered by at least eight gifts of $100 million or more including art and rare books.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.