ERIC Number: ED248744
Record Type: Non-Journal
Publication Date: 1984-Jan
Reference Count: N/A
Corporate Support of Higher Education, 1982.
Council for Financial Aid to Education, New York, NY.
Results of the Council for Financial Aid to Education's 1982 survey of 534 companies providing financial support to higher education are summarized. Attention is directed to: national trends in corporate pretax net income and contributions; inflation; corporate support in relation to total voluntary support and institutional expenditures; the distribution and types of corporate contributions; foundation cash flow by industry; changes in market value of corporate foundation assets by industry; comparative ranking of educational support by industry; total support of education in relation to worldwide pretax net income and assets; and contributions by manufacturing companies. Findings include the following: corporate support of education in 1982 rose 20.4 percent above the 1981 level; total corporate contributions rose 13.4 percent in 1982; contributions by company foundations exceeded receipts, but shortfalls were more than covered by earnings on foundations' assets; gifts of company products and in-kind items comprised almost 11 percent of total contributions; education support between 1977 and 1982 increased an average 29.9 percent each year from manufacturing companies, 26.1 percent from nonmanufacturing companies; and matching gifts continued to climb. (SW)
Descriptors: Business Cycles, Donors, Economic Factors, Higher Education, Income, Industry, National Surveys, Philanthropic Foundations, Private Financial Support, School Business Relationship
Council for Financial Aid to Education, Inc., 680 Fifth Avenue, New York, NY 10019 ($6.00 prepaid).
Publication Type: Reports - Descriptive; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Council for Financial Aid to Education, New York, NY.