ERIC Number: ED318321
Record Type: RIE
Publication Date: 1990-Feb
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)
Descriptors: Business Responsibility, Corporate Support, Educational Finance, Elementary Secondary Education, Higher Education, National Surveys, Private Financial Support, School Business Relationship
Council for Aid to Education, 51 Madison Avenue, New York, NY 10010.
Publication Type: Information Analyses
Education Level: N/A
Authoring Institution: Council for Aid to Education, New York, NY.