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Johns Hopkins Displaces Harvard as Top Fundraiser in Record Year

  • Schools raised almost $50 billion in 12 months ended June 2019
  • Hopkins, Harvard, Stanford each took in more than $1 billion
The Milton S Eisenhower Library of the Johns Hopkins University.

The Milton S Eisenhower Library of the Johns Hopkins University.

Photographer: JHU Sheridan Libraries/Gado/Archive Photos

Johns Hopkins University dislodged Harvard University as the top fundraiser among U.S. colleges, fueled by a $1.8 billion donation from Michael Bloomberg.

Schools raised almost $50 billion in the 12 months ended June 2019, a record year and the 10th consecutive period of increased donations, according to a study released Wednesday by the Council for Advancement and Support of Education.