News
After Court Restores Research Funding, Trump Still Has Paths to Target Harvard
News
‘Honestly, I’m Fine with It’: Eliot Residents Settle In to the Inn as Renovations Begin
News
He Represented Paul Toner. Now, He’s the Fundraising Frontrunner in Cambridge’s Municipal Elections.
News
Harvard College Laundry Prices Increase by 25 Cents
News
DOJ Sues Boston and Mayor Michelle Wu ’07 Over Sanctuary City Policy
Harvard stands second only to Yale in the amount received in voluntary private contributions during the past two years, a recently completed survey has revealed. According to the survey, more than $22.5 million was given to the University in 1956 and 1957 while Yale received more than $23 million.
The period covered by the survey includes only a small part of the Program for Harvard College drive, Laurence O. Pratt, public relations director for the Program, explained last night. He emphasized that the survey includes only cash actually received, while a part of the $37 million donated to the Program thus far is in the form of pledges.
Dr. Francis H. Sparks, president of the Council on Financial Aid to Education, one of the groups which helped conduct the survey, noted Tuesday that private contributions to colleges and universities in this country have more than doubled in the last two years. The amount of voluntary grants will double again within the next five of six years, he predicted.
The recession has not effected contributions to education by corporations, but could be an important factor should it continue for long, Dr. Sparks said.
Want to keep up with breaking news? Subscribe to our email newsletter.