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Historic Drop In Giving To Higher Education
February 3, 2010

Charitable giving to colleges and universities dipped by historic percentages during 2009, declining 11.9 percent to $27.85 billion, according to the Voluntary Support of Education survey released by the Council for Aid to Education. Endowments took the greatest hit, dropping by 22.3 percent for the year.

In 1975, however, the inflation-adjusted decline (11.6 percent) was slightly larger than in 2009 (11.5 percent). During the past 10 years, contributions to higher education institutions have increased an average of 4.1 percent per year.

The survey also found that:

  • The top 20 institutions that raised the most in 2009 received $7.28 billion. This is $1.13 billion less than the top 20 institutions of 2008 raised. (The top 20 of ’09 and ’08 and not exactly the same.)


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Getting Relief To Quake-Stricken Haiti Is Perilous For Charities

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3rd Annual DoGooderTV Nonprofit Video Awards
Congratulations to the winners of the 3rd Annual DoGooderTV Nonprofit Video Awards, co-sponsored by NTEN: The Nonprofit Technology Network and See3 Communications! Watch the winning videos here.
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