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College Fundraising Flattens in Another Blow From Pandemic

  • U.S. schools given $49.5 billion in fiscal 2020, report shows
  • Johns Hopkins repeats atop list, followed by Stanford, Harvard

Charitable giving to U.S. colleges fell flat last year as the pandemic upended another aspect of higher education.

Schools took in $49.5 billion in the most recent fiscal year, according to a report released Tuesday by the Council for Advancement & Support of Education. The total, essentially unchanged from the prior year, marks the first time since 2009 that contributions haven’t risen. For most schools, the survey represents the 12 months through June.