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ERIC Number: ED213312
Record Type: Non-Journal
Publication Date: 1981-May
Pages: 140
Abstractor: N/A
Reference Count: N/A
Voluntary Support of Education, 1979-80.
Council for Financial Aid to Education, New York, NY.
Results of the 1979-80 Survey of Voluntary Support of Education are presented, along with national estimates of voluntary support of higher education. For 180 core institutions reporting in both 1978-79 and 1979-80, it was found that: (1) total support grew 18.1 percent in contrast to the 6.1 percent gain reported for the core group in 1978-79; (2) support for public four-year institutions increased faster in 1979-80 and since 1974-75 than support for private four-year colleges and universities; (3) gifts from corporations increased 25.1 percent; and (4) support for physical plant maintenance and expansion rose 23.9 percent, more than for any of the other purposes. For all institutions reporting in 1979-80, it was found that: the changes reported by all respondents are very similar to the patterns of the core group; bequests and deferred gifts declined in importance as sources of support from individuals; and the average alumnae gift to the annual fund at women's colleges increased by 14 percent in 1979-80 and has grown at a faster average annual rate since 1968-69 than for all other types of colleges. National estimates of voluntary support of higher education indicate that: total voluntary support rose $570 million in 1979-80 to an estimated $3.8 billion; the year-to-year growth of 17.6 percent outpaced inflation; and business corporations contributed 18.3 percent of total voluntary support and a 25.2 percent increase in their grants. Data are provided by type of institution, and private secondary and elementary schools are involved. (SW)
Council for Financial Aid to Education, 680 Fifth Avenue, New York, NY 10019 ($14.00).
Publication Type: Numerical/Quantitative Data
Education Level: N/A
Audience: N/A
Language: English
Sponsor: Council for Advancement and Support of Education, Washington, DC.; DeWitt Wallace/Reader's Digest Fund, Pleasantville, NY. Business Roundtable.; National Association of Independent Schools, Boston, MA.
Authoring Institution: Council for Financial Aid to Education, New York, NY.