College Fundraising Outlook Darkens After Surge

Lisa Lapin, a Stanford spokeswoman, said the university is in the midst of a five-year, $4.3 billion fund-raising campaign, which ends in 2011. The Palo Alto, Calif., institution's big haul represents a decline from 2007 and from 2006, when it raised $911.6 million, a record for any college in a single year. Ms. Lapin said the school has "seen some slowdown in philanthropic support during the past several months, possibly due to the constraints on the economy and the current level of financial uncertainty."