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ERIC Number: ED270038
Record Type: RIE
Publication Date: 1986-May
Pages: 6
Abstractor: N/A
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)
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
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Council for Financial Aid to Education, New York, NY.