Aug 30, 2026 – 8.00pmTen of the country’s most exclusive private schools collectively raised more than $70 million from donations and bequests last year, driven by ambitious funding campaigns targeting parents and alumni to bankroll 12-lane swimming pools and library upgrades.With little space to compete on academic results, high-fee private schools are in an infrastructure arms race made possible by extensive donor networks, whose contributions to school-building funds are tax-deductible.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles