ERIC Number: ED129151
Record Type: RIE
Publication Date: 1974
Reference Count: 0
An Analysis of Voluntary Support of American Colleges and Universities, 1973-74. Patterns of Giving to Higher Education III.
Levi, Julian H.; Steinbach, Sheldon Elliot
The contributions of private donors are essential to the financial health of all public and private colleges and universities in this country. This study shows the pattern of giving in 1973-74, focusing on contributions of individual donors, alumni, and nonalumni. Sample institutions were surveyed and the results indicate that voluntary individual gifts were made to the 988 reporting institutions in the aggregate amount of more than $830 million. The report demonstrates the importance of voluntary support, the dependence of higher education on the large gift, the importance of gifts of property, as well as other types of gifts, such as bequests, deferred contributions, and life-time gifts. The survey indicates that although total giving in 1973-74 is estimated to be the same as in 1972-73, contributions from business, religious denominations, foundations, and other sources increased, while voluntary support from individual donors declined by six percent. (JMF)
Descriptors: Colleges, Educational Economics, Educational Finance, Financial Needs, Financial Support, Higher Education, Philanthropic Foundations, Private Financial Support, Statistical Analysis, Surveys, Universities
American Council on Education, One Dupont Circle, Washington, D.C. 20036
Publication Type: Reports - Research
Education Level: N/A
Authoring Institution: American Council on Education, Washington, DC. Office of Governmental Relations.