Alums Donate a Record $22 Million to Harvard Business School

Harvard Business School was treated to an unprecedented volume of gifts from graduates last year, according to its recently released annual report (PDF).

Alumni donations to the school reached a record $22 million in fiscal 2013, up 16 percent from 2012 and 29 percent from 2011—the first year that alumni giving rebounded after the financial crisis. HBS alumni donations totaled $17 million in 2011 and 2007, dipping as low as $12 million in 2009 (PDF). All figures refer to unrestricted current use gifts.