Johns Hopkins University raised $657.3 million last year, the fourth-highest figure for universities in the U.S., the Council for Aid to Education reported.
Overall, charitable contributions to colleges and universities increased 1.7 percent in 2016, a gain that was mostly wiped out when adjusted for inflation.
The weak stock market during parts of the 2016 fiscal year likely depressed personal giving; giving from organizations was buoyed by commitments made amid strong market conditions in the 2015 fiscal year, the council said.
The 2016 year also suffered because of the robust level of previous giving, the council noted; personal contributions to higher education institutions grew 6.7 percent between 2014 and 2016.
The top 20 institutions make up less than 1 percent of the nation’s colleges, but they raised slightly more than 27 percent of overall gifts.
Here’s the council’s list of the top 20 for 2016:
1. Harvard University ($1.19 billion)
2. Stanford University ($951.15 million)
3. University of Southern California ($666.64 million)
4. Johns Hopkins University ($657.29 million)
5. University of California-San Francisco ($595.94 million)
6. Cornell University ($588.26 million)
7. Columbia University ($584.81 million)
8. University of Pennsylvania ($542.85 million)
9. University of Washington ($541.44 million)
10. Yale University ($519.15 million)
11. Duke University ($506.44 million)
12. University of California-Los Angeles ($498.80 million)
13. New York University ($461.15 million)
14. University of Chicago ($443.30 million)
15. University of Michigan ($433.78 million)
16. Massachusetts Institute of Technology ($419.75 million
17. Northwestern University ($401.68 million)
18. Ohio State University ($386.11 million)
19. University of Notre Dame ($371.76 million)
20. Indiana University ($360.94 million)
The council reported that gifts from corporations increased 14.8 percent while foundation giving went up by 7.3 percent. In contrast, gifts from alumni declined 8.5 percent, and gifts from nonalumni declined 6 percent.
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