Hopkins 4th among US universities for fundraising last year

Daily Record Staff//February 8, 2017

//February 8, 2017

The Johns Hopkins University is joining 29 other colleges and universities to expand by at least 50,000 the number of talented low- and moderate-income students at the U.S. undergraduate institutions with the highest graduation rates. The new American Talent Initiative, supported by Bloomberg Philanthropies, brings together a diverse set of public and private institutions. Each commits to enhance its efforts to recruit, support and graduate lower-income students; to learn from each other; and to contribute to research that will help other colleges and universities expand opportunity. “Our nation, our economy, and all our citizens benefit from nurturing talented young people from the broadest pool possible, including every community and socioeconomic background,” said Ronald J. Daniels, president of Johns Hopkins. “The university looks forward to working with our ATI partners to build on innovative initiatives like our Baltimore Scholars Program to ensure students have an opportunity to attend university and realize their full potential.” The 30 founding members expect more of the 270 U.S. institutions with graduation rates of 70 percent or higher to join ATI over the next few years. The overall goal is to enroll 50,000 additional high-achieving, lower-income students at those 270 colleges and universities by 2025, and to help them graduate. (File photo) — Johns Hopkins University ranked fourth among universities for fundraising in 2016, according to a new report. (File photo)

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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