Business
Giving to Colleges Jumps
Driven primarily by gifts from individuals, the nation's colleges and universities took in a combined $28 billion in charitable contributions last year, up 9.4 percent over 2005, a new study says.
Posted — Updated
Driven primarily by gifts from individuals, the nation's colleges and universities took in a combined $28 billion in charitable contributions last year, up 9.4 percent over 2005, a new study says.
The survey of more than 1,000 institutions of higher education, representing more than one in three of the four-year programs in the U.S., was conducted by the New York-based Council for Aid to Education.
Stanford led the pack, raising $911.16 million in 2006, followed by Harvard University with $594.94 million and Yale with $433.46 million.
For details, see The Philanthropy Journal's Web site link with this story.
Copyright 2024 by Capitol Broadcasting Company. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
