Donors gave more than $20.2 million to The Stanford Fund in the fiscal year ending Aug. 31, 2010, according to the recently released Annual Report on Undergraduate Education. Yearly donations to The Stanford Fund have risen steadily over the years, with this year’s numbers jumping 9.7 percent from last year and ranking the highest since at least FY2001.

Of the 31,892 donors this year, 87 percent gave gifts of under $1,000, and gifts of under $500 totaled $2.3 million.

The Class of 1984 donated the most this year, leading the pack with $841,216 in gifts to The Stanford Fund.

The Stanford Fund can be used for a variety of purposes; in recent years, the percentage of funds from The Stanford Fund directed toward undergraduate aid has greatly grown as the University sought to maintain financial aid to students in the wake of a significant drop in the University endowment.

This year, 77 percent of The Stanford Fund giving was allocated toward undergraduate aid, while 15 percent was allocated toward student life and eight percent went toward academic experience.

–Ellen Huet