ERIC Number: ED345605
Record Type: RIE
Publication Date: 1992
Reference Count: N/A
Corporate Support of Education, 1990.
Council for Aid to Education, New York, NY.
A study was done of corporate support for education in 1990 using information from two surveys of business contributions and support, the Survey of Corporate Contributions (jointly sponsored by the Council for Aid to Education and The Conference Board) and the Council's Voluntary Support of Education survey (co-sponsored with the Council for the Support of Education and the National Association of Independent Schools). For 1990, 339 companies returned questionnaires. Highlights of the surveys included the following: (1) education received the largest share, 41 percent or $773 million, of the $1.89 billion reported given to specific causes in 1990; (2) colleges and universities secured 78 percent of the education dollars, up from 74 percent in 1989, with increased matching gift dollars accounting for the rise. The share of education support directed to precollege education essentially unchanged, at 11 percent; (3) gifts of company products and property fell, both as a share of giving to education and as a share of total contributions, with cash gifts climbing from 84 percent of all contributions to over 88 percent; (4) consolidated charitable contributions by corporations and their foundations to organizations in the United States were estimated at $6 billion in 1990, a 2 percent increase over 1989 and a continuation of the slow growth that began in 1988. Included are 15 tables and 12 figures. (JB)
Descriptors: Business, Corporate Support, Donors, Educational Finance, Elementary Secondary Education, Higher Education, Private Financial Support, School Business Relationship, Trend Analysis
Council for Aid to Education, 51 Madison Avenue, Suite 2200, New York, NY 10010 (free to Council supporters, $10.00 others).
Publication Type: Reports - Descriptive
Education Level: N/A
Authoring Institution: Council for Aid to Education, New York, NY.
Note: For an earlier report, see ED 299 867.