<p>The article doesn't explicitly compare Stanford's fundraising to any other university's, but I believe Harvard's equivalent 2005 number was "only" $590 million (which was far above any other school's when it was recently released).</p>
<p>What's wrong??? Why can't Harvard out-raise a competing institution that's barely 100 years old?</p>
<p>When it was established, Stanford had the nation's largest endowment. That is no longer true, although it recently surpassed Princeton to move into 4th place behind Yale and the University of Texas.</p>
<p>Stanford has edged past Harvard twice in the last 10 years in annual contributions, both times thanks to $100 million-dollar transfers from the Hewlett family foundations, which have been classified as annual fund gifts rather than capital campaign gifts..</p>