While Harvard University raised a record $1.2 billion in donations for fiscal 2016 — the highest of any US university — the haul was overshadowed by $2 billion in investment losses and expenditures. Statistics from the Council for Aid to Education, which tracks university donations, show an unprecedented $41 billion in donations for the year, with the top 20 institutions raising 27% of the total.
Source: Bloomberg (07 Feb 2017)
