Harvard Sets Biggest Fundraising Goal Ever: $6.5 Billion

Harvard, the richest university in the United States, said on Saturday it would seek to raise some $6.5 billion in donations to fund new academic initiatives and bolster its financial aid program. The fundraising drive by the Cambridge, Massachusetts, institution is the university's biggest and believed to be the most ambitious ever undertaken by a university, ahead of one concluded last year by Stanford University in California that raised $6.2 billion.

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