ERIC Number: ED100224
Record Type: RIE
Publication Date: 1974-May
Reference Count: 0
Voluntary Support of Education 1972-73.
Council for Financial Aid to Education, New York, NY.
This document details voluntary giving to higher education, private secondary, and elementary education. Highlights indicate: (1) The total voluntary support of the institutions of higher education in 1972-73 is estimated at $2.240 billion, an increase of $220 million from 1971-72. (2) All classes of colleges and universities reported increased support in 1972-73 except the private men's colleges. (3) About half of the increase in total support was attributed to increased giving by nonalumni individuals. (4) The gain in total voluntary support was about equally divided between current and capital purposes. (5) Deferred gifts, which increased another 56.7 percent in 1972-73, reached a new high in relative importance. Bequests were unchanged. College and university endowment funds showed no significant change. (6) The independent precollege schools participating in the 1972-73 survey reported 26.1 percent more support than those participating in the 1971-72 survey, but about two-thirds of the increase was due to a single foundation gift to one school. Important tabular data has not been reproduced because of oversized pages. (MJM)
Descriptors: Alumni, Colleges, Educational Finance, Financial Support, Higher Education, Philanthropic Foundations, Private Financial Support, Secondary Education, Universities
Council for Financial Aid to Education, 680 Fifth Avenue, New York, New York 10019 ($6.00)
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Sponsor: American Alumni Council, Washington, DC.; National Association of Independent Schools, Boston, MA.
Authoring Institution: Council for Financial Aid to Education, New York, NY.
Note: Oversized pages of tabular data have been omitted