City | 3:48 pm | February 17, 2012 | By Tapley Stephenson

Yale raised $580 million in 2011, report says

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Photo by Creative Commons.

An annual report released by the Council for Aid to Education on Wednesday showed that 14 Connecticut universities raised a combined $746 million in 2011, with Yale receiving more than three quarters of all donations.

Spurred by the end of the Yale Tomorrow fundraising campaign, the University’s $580 million total was the third largest in the country, falling short of Stanford’s $709 million and Harvard’s $639 million. According to the report, national fundraising totals exceeded $30 billion in the 2011 budget year, an 8.2 percent jump from 2010.

In Connecticut, Yale’s fundraising far outpaced the second place University of Connecticut, which raised $38.6 million. Other top fundraisers included Wesleyan University with $36.5 million, Trinity College with $24.7 million and Fairfield University with $16.2 million.

Five other Connecticut institutions raised over $5 million, the report said.

[Via Hartford Courant]

CORRECTION: Feb. 20, 2012

An earlier version of this article incorrectly referred to the Council for Aid to Education as the Center for Aid to Education.

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