ERIC Number: ED260611
Record Type: Non-Journal
Publication Date: 1984-Dec
Reference Count: N/A
Corporate Support of Education, 1983.
Council for Financial Aid to Education, New York, NY.
Results of the Council for Financial Aid to Education's 1983 survey of 503 companies providing financial support to higher education are summarized and tabulated. Attention is directed to: national trends in corporate pretax net income and contributions; effects of 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 giving to education in 1983 rose 3.2 percent to an estimated $1.29 million; education claimed the largest share of total corporate contributions at 43.0 percent, down slightly from 1982; total corporate contributions rose 7.1 percent in 1983 to an estimated $3 billion; gifts of company products and other property comprised 11.5 percent of reported contributions; more than half of product gifts went to education; and contributions by company foundations exceeded receipts for the fourth year, but shortfalls were adequately covered by earnings on foundations' assets. (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 ($10.00, prepaid).
Publication Type: Reports - Descriptive; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: Council for Financial Aid to Education, New York, NY.