Cornell University, which boasts of having the highest alumni contributions of any U.S. university, said Wednesday it raked in a single-year record sum of $219.8 million from mid-1995 to mid-1996.
Its five-year endowment drive, which ended in December, drew $1.5 billion in gifts. But that record-setting pace did not ease off this year.
In the fiscal year ended June 30, contributions to the Ivy League school rose $20.1 million over the previous year. Of the $219.8 million, $94.7 million came from alumni, $66.3 million from the parents and friends of alumni and $58.6 million from corporations, foundations and other institutions.