Donations to Higher Ed Had Biggest Boost in 20 Years
Foundation: Gates Foundation
"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...
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Hca Healthcare Commits $5 Million to Belmont University's Thomas F. Frist, Jr. College of Medicine 
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HCA Healthcare commits $5 million to Belmont University's Thomas F.Massey College of Medicine program.Students will have the opportunity to complete clinical rotations at HCA Healthcare's TriStar...more
Penn, Neubauer Family Foundation, and Philadelphia Police Department Partner to Support ... 
Penn, Neubauer Family Foundation, and Philadelphia Police Department partner to support police leadership education.First-of-its-kind collaboration will cover tuition costs for senior PPD personnel...more
Penn, Neubauer Family Foundation, and Philadelphia Police Department partner to support police leadership education.First-of-its-kind collaboration will cover tuition costs for senior PPD personnel...more
Teen Philanthropy Group Awards $37,000+ to Qc Nonprofits
Foundation: Quad Cities Community Foundation
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Foundation: Quad Cities Community Foundation
Quad Cities Community Foundation's Teens for Tomorrow program has allowed area high school students to guide philanthropic efforts and award grants.This year's cohort focused on four key areas:...more
Here's What Stands Out About This Community Foundation's Scholarship Program
Foundation: Hartford Foundation for Public Giving
More than 110 of this year's graduating students will receive scholarships.The Hartford Foundation plans to continue the program into the future.To qualify, students must be Hartford residents for...more
Foundation: Hartford Foundation for Public Giving
More than 110 of this year's graduating students will receive scholarships.The Hartford Foundation plans to continue the program into the future.To qualify, students must be Hartford residents for...more
The Future Starts Here: The 2025 Innovation Expo 
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The Independent is the student newspaper of Stevens Institute of Technology.The paper is published on the last Thursday of each month.It is published by the students of the School of Engineering and...more
Graduating Senior, Debut Author 
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High school senior Sienna Timm, has written her first novel which came out in April.The Scandinavia resident penned "Cursed by Death," a young adult fantasy adventure.Timm used the self-publishing...more
Osler and Tmu Strengthen Nursing Education 
Toronto Metropolitan University and William Osler Health System announce Academic Practice Partnership.Partnership aims to integrate real-world clinical experience with academic learning.Partnership...more
Toronto Metropolitan University and William Osler Health System announce Academic Practice Partnership.Partnership aims to integrate real-world clinical experience with academic learning.Partnership...more
Chalk and Community At the Mission Memorial Day Weekend 
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The I Madonnari Street Painting Festival is a beloved tradition in Santa Barbara.The festival will take place at the Old Mission Santa Barbara Saturday-Monday, May 24-26, from 10 a.m.to noon.Proceeds...more
Local Rapper Imprints Positive Message on Last Day of School 
Local up and coming rap artist yTank performed for the student body at City Day Community School in Dayton.The purpose of the event, dubbed Loyalty & Love, was to engage with the youth to create an...more
Local up and coming rap artist yTank performed for the student body at City Day Community School in Dayton.The purpose of the event, dubbed Loyalty & Love, was to engage with the youth to create an...more
Fire Marshal Showdown Exposes New Threat to School Choice 
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The threshold in Wisconsin is any "instructional program provided to more than one family unit" The Arizona Education Association is working to roll back Arizona's Empowerment Scholarships.Save Our...more
Wednesday May 28, 2025
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
