News posts of interest to researchers, social scientists, and those following new Harvard Kennedy School research.
Tuesday, April 4, 2017
Higher Education’s Megagift Boom Hits New Highs, Survey Shows
The Chronicle of Philanthropy Drew Lindsay
April 3, 2017
Big gifts to higher education last year topped $6 billion for the first time, continuing a postrecession surge in eight- and nine-figure donations to colleges and universities even as data suggest giving from their smaller contributors is declining.
Donors made 194 gifts of $10 million or more to higher education last year, also a new high, according anew surveyby Marts & Lundy, a fundraising-consulting firm. A decade ago, just before the Great Recession, higher education received just 124 gifts of that size.