ERIC Number: ED270038
Record Type: RIE
Publication Date: 1986-May
Reference Count: 0
Corporations Give Record $1.6 Billion to Colleges and Universities in 1984-85; Total Giving Reaches $6.3 Billion.
CFAE Newsletter, May 1986
Findings from the publication, "Voluntary Support of Education 1984-85," are summarized. The survey report includes contributions to 1,114 colleges and universities. Highlights of findings show that: total estimated voluntary support was $6.32 billion in 1984-1985; for the first time, corporations contributed more than any other donor group ($1.57 billion); alumni and nonalumni as groups contributed $1.46 and $1.42, respectively; the 58 private doctoral universities received 35% of the total reported by all survey respondents; 91 public doctoral universities received 26.2%; private colleges received $76.8 million in matching-gift funds, while public colleges received $22.6 million; market value of endowment funds for 1,007 institutions reached a record 35.5 billion in June 1985, and the 720 private institutions accounted for 85.7% of the total. Data are included on: voluntary support in relation to enrollment, inflation, and institutional expenditures; gifts of company products and other property by type of college; the 20 colleges and universities receiving the most voluntary support and the amount of support; and changes in corporate support reported for private and public colleges by type of institution (doctoral, comprehensive, general baccalaureate, and specialized) with four-year total, and two-year total. (SW)
Descriptors: Alumni, Business, Donors, Economic Climate, Endowment Funds, Higher Education, Industry, Philanthropic Foundations, Private Colleges, Private Financial Support, Religious Organizations, School Business Relationship, State Colleges, Two Year Colleges
Council for Financial Aid to Education, 680 Fifth Avenue, New York, NY 10019.
Publication Type: Collected Works - Serials; Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: Council for Financial Aid to Education, New York, NY.