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Thursday, February 13, 2014

Colleges Raised Record $33.8 Billion in 2013

VSE2013Council for Aid to Education, Colleges and Universities Raise $33.80 Billion in 2013:

Charitable contributions to colleges and universities in the United States increased 9 percent in 2013, according to the Voluntary Support of Education (VSE) survey, conducted by the Council for Aid to Education (CAE). At $33.80 billion, the total is the highest recorded in the history of the survey. In 2009, giving fell from $31.60 billion, which was then the historical high point, to $27.85 billion. Giving levels gradually recovered from that loss until reaching this year’s high.

COE

The top ten fundraising institutions accounted for 1 percent of the responding institutions and raised 17.3 percent of the contributions.

  1. Stanford ($931.57 million)
  2. Harvard  ($792.26 million)
  3. USC ($674.51 million)
  4. Columbia ($646.66 million)
  5. Johns Hopkins ($518.57 million)
  6. Pennsylvania ($506.61 million)
  7. Cornell ($474.96 million)
  8. NYU ($449.34 million)
  9. Yale University ($444.17 million)
  10. Duke ($423.66 million)

For state-by-state results, see here.  Press coverage:

http://taxprof.typepad.com/taxprof_blog/2014/02/colleges-raised.html

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Comments

Is inequality among colleges a problem? Should govt bureaucrats assign themselves the responsibility to reassign charitable giving as they see fit?

Posted by: yo Gabbatpour Gabbatpour | Feb 13, 2014 10:00:38 PM