Home
Focus Areas
About Us
"It's incredibly good news, the impact these philanthropic resources flowing into institutions will have at a time when other revenue streams are being squeezed more and more."
That's the takeaway from a new survey from the Council for Advancement and Support of Education, which found that US philanthropists gave $59.5 billion to higher education in the fiscal year that ended in June.
That's up 14.5% over the previous year and the highest total since 2000, the Washington Post reports.
Of that, 61% came from nonprofit philanthropic foundations, 22% from alumni, and 16% from individuals who aren't alums.
The biggest chunk of that money, $27.5 billion, went to restricted endowments to fund scholarships and research projects, while the remainder went to other types of institutions, such as the National Institutes of Health and the Bill and Melinda Gates Foundation.
The dean of the Lilly Family School of Philanthropy at Indiana University tells the Post that the "double-digit growth is not the norm, so this is a really strong year for giving."
He adds that the trend may be due to a new generation of alumni aging into cohorts with more disposable income, and thus they're more likely to donate.
"I heard someone say the other day that we're no longer in the album...
Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
For two days in March, music fans gathered in Phoenix's Steele Indian School Park for the McDowell Mountain Music Festival, which featured electronic dance music (EDM), R&B, and indie rock. But...more
Foundation: Rockefeller Foundation, Winthrop Rockefeller Foundation
The University of Arkansas at Pine Bluff is honoring five people for their "extensive community involvement, philanthropic endeavors, and exemplary service to the community," per a release. The...more
If you're looking for a way to give back to your community, FirstBank has just the thing for you. The bank's Charitable Foundation is holding its first-ever Better Giving for Greater Impact...more
"My music cannot save anybody. My art cannot save anybody. Only Jesus can save." That's Peedy Case's take on what it means to be a Christian hip-hop artist, and it's an interesting take on...more
"The climate time-bomb is ticking. We need to seize the opportunity to invest in credible innovations that can contribute to reaching our global targets," UN Secretary-General Ant ? nio Guterres...more
"We should not turn our back on any of the things that lifts us all up on any of the things that lifts us all up on their local community," says Mark Madrid, an associate administrator for the...more
Foundation: New York Community Trust
Nearly 5,000 kids in the New York area will get a boost in their academic and sports lives thanks to the Heisman Trophy Fund for Youth Development. The fund, a partnership between the Heisman...more
"I would not be the person I am today without an art teacher who believed in me, gave me confidence when I wasn't good at other academics, and made me feel valued," says Lily Overby. Overby is a...more
"The New Venture Competition provides a rigorous platform through which students develop their business ideas as a positive force for change," says Elise Bates, the new director of Harvard Business...more
"If you describe the real estate magnate, Aare Adetola Emmanuel-King as a social entrepreneur extraordinaire, you will definitely not be faulted. As the Chairman and CEO of Adron Homes and...more
Education News from...
Rockefeller Foundation
Winthrop Rockefeller Foundation
New York Community Trust
Whitefish Community Foundation
Community Foundation of Broward
Bloomberg Philanthropies
Rhode Island Foundation
Porter County Community Foundation
Winona Community Foundation
California Community Foundation
San Diego Foundation
Social Entrepreneurship
Spotlight
Why People Buy from Social Enterprises?
The Guardian has compiled a list of responses to its latest open thread, and has announced the winner of the social enterprise gift hamper packed with presents.
