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Stanford breaks national fundraising record

Original post made on Feb 20, 2013

Stanford University last year became the nation's first university to raise more than $1 billion in a single year, according to a report released this week.

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Comments (5)

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Posted by Crescent Park Mom
a resident of Crescent Park
on Feb 20, 2013 at 11:35 am

That's fantastic that they raised that much money. Now that they've asked for the money, some undoubtedly from those that may not be able to spare much, how will they wisely use it??? PA Weekly, lets see that wonderful story!

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Posted by Unbelievable
a resident of College Terrace
on Feb 20, 2013 at 2:26 pm

Considering how much money they raise and how much they get in donations, why do they cut services and continually raise tuitions?

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Posted by Hmmm
a resident of East Palo Alto
on Feb 20, 2013 at 2:35 pm

It'd be great if they used some of those funds to educate student cyclists on bike safety, came up w/more parking & replaced the new trees/shrubs that reduce visibility on the roads. Mundane but important. Oh, & any more Chihulys to be donated?

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Posted by jardins
a resident of Midtown
on Feb 20, 2013 at 5:09 pm

With that much money coming in from fundraising, why is Stanford becoming an aggressive off-campus developer?

For example, its plans for huge medical offices along El Camino in Menlo Park, its plans to get rent-income from the massive Arrillaga high-rises at 27 University Avenue, its building of single homes and high-end apartments on upper S. California Avenue (the Mayfield project, that will displace company employees to other cities).

How much money will Stanford ever be content with??

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Posted by Stanford Applicant
a resident of Old Palo Alto
on Feb 21, 2013 at 4:48 am

They will always want more as long as they are sending $90 rejection letters.

It's mathematical induction. Once they show that they can raise $1, then they show that for any amount x, they can raise x+1.

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