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 a new survey by Marts & Lundy, a fundraising-consulting firm. A decade ago, just before the Great Recession, higher education received just 124 gifts of that size.
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