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ERIC Number: ED318321
Record Type: RIE
Publication Date: 1990-Feb
Pages: 13
Abstractor: N/A
Reference Count: N/A
Corporate Support of Education.
Council for Aid to Education, New York, NY.
This report is based on data from the 16th annual (1988) Survey of Corporate Contributions and notes a slowing of growth in corporate support of education since 1985. Narrative, tables, and graphs provide detail and analysis of major trends including the following highlights: (1) corporate contributions to education for 1988 is estimated at $2.1 billion; (2) preliminary data for 1989 and 1990 suggest continued growth of about 4% annually; (3) education received the largest share (37%) of the $1.65 billion given to all causes by the 356 surveyed companies with colleges and universities securing 64% of education dollars, and precollege education claiming 8.8% of the total; (4) contributions continued to decline from the prior year as a share of corporate earnings; (5) noncash gifts of company products and property fell, while cash contributions to education rose; (6) more than two-fifths of all contributions were made by corporate foundations; and (7) the top 25 contributors from manufacturing and nonmanufacturing sectors together provided more than two-thirds of the education support reported by all companies. Additional information includes regional differences, year-to-year changes, and variations by company size. (DB)
Council for Aid to Education, 51 Madison Avenue, New York, NY 10010.
Publication Type: Information Analyses
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Council for Aid to Education, New York, NY.