Fund-Raising Records for Universities in Europe and Canada

The Universities of Cambridge and Toronto have just announced fund-raising records for universities in Europe and Canada, respectively.

Cambridge announced that its fund-raising campaign in honor of the university's 800th anniversary has raised £1.17 (or about $2 billion), more than any European university has ever raised.

Less than two months ago, the University of British Columbia announced a $1.5 billion fund-raising campaign, at the time the largest such effort in Canada. Now the University of Toronto has that record, having launched a $2 billion campaign. Toronto has raised $966 million in the quiet phase of the fund-raising effort.