Stanford ranks first in private donations

Source: L. A. Times Posted By: jack H...5438 days ago

Stanford University raised more in private donations than any other U.S. college or university last year, even as charitable support for higher education fell steeply nationwide because of the recession, a new survey shows.

Stanford held onto the top spot for the fifth straight year, taking in $640.1 million in donations in 2009, down about 18% from the previous year, according to the report released Wednesday by the Council for Aid to Education. Harvard was second with $601.6 million, followed....

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