ERIC Number: ED311802
Record Type: RIE
Publication Date: 1989
Reference Count: 0
The Corporate Investment in Higher Education. State and National Trends in Gift and Tax Support. 1989 Edition.
National Inst. of Independent Colleges and Universities, Washington, DC.; Foundation for Independent Higher Education.
The second edition of a report on state and national trends in corporate investments in higher education focuses on the changes taking place in the support of colleges and universities by corporations and businesses. It includes both tax generated support and direct gifts. Trends between 1979-80 and 1986-87 are examined. Study findings for 1986-87 include the following: total corporate support of higher education through gifts and taxes amounted to $12.3 billion; public institutions received close to 10 times more total corporate support than independent colleges and universities; on a per-student basis total corporate support was almost three times as high for each student attending a public institution as it was for each student attending an independent college or university; corporate gifts as a proportion of total corporate support rose from 8% in 1979-80 to 12.7%; corporate gifts represented 21.4% of total voluntary giving to higher education; as public colleges seek more private money, patterns of voluntary giving by businesses and corporations suggest a shift away from independent colleges and universities; most of the corporate funds for higher education come through taxes or nonvoluntary support; and most state and local government tax subsidies benefit public colleges and universities. (SM)
Descriptors: Business Responsibility, Corporate Support, Donors, Educational Finance, Higher Education, Industry, Private Colleges, Private Financial Support, Public Colleges, School Business Relationship, Taxes
The National Institute of Independent Colleges and Universities, Suite 750, 122 C Street, N.W., Washington, DC 20001-2190 (free).
Publication Type: Numerical/Quantitative Data; Reports - Descriptive
Education Level: N/A
Authoring Institution: National Inst. of Independent Colleges and Universities, Washington, DC.; Foundation for Independent Higher Education.