Harvard University is on a pace to collect more than $2-billion in donations since the public launch last September of an ambitious $6.5-billion campaign, writes student newspaper The Harvard Crimson. The Cambridge, Mass., university has already topped Stanford University's single-year fundraising record of $1-billion, set in 2012.
Harvard secured at least $1.5-billion in pledges and gifts during the first nine months of the public portion of the campaign, bringing the total take to $4.3-billion, including a two-year quiet phase. Those figures do not include the $350-million donated to the university's School of Public Health earlier this month by Hong Kong businessmen Gerald and Ronnie Chan. The $6.5-billion Harvard Campaign is set to run through 2018 and, if achieved, would mark an all-time high in higher-education fundraising.