Tight Money Didn't Hurt Education Fundraising.Voluntary support of higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. increased $2.8 billion during the academic year that ended in June, 2000, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Council for Aid to Education (CAE (1) (Computer-Aided Engineering) Software that analyzes designs which have been created in the computer or that have been created elsewhere and entered into the computer. ) in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . CAE released the findings of its annual Voluntary Support of Education report. Adjusted for inflation using the Consumer Price Index, the growth is 10.6 percent The 13.7 percent increase over 1999 figures brought the total to $23.2 billion, and it represents an increase over the previous year's growth rate. The growth rate is still not as large as it was in 1998, when it reached 15 percent, though it represents the fifth consecutive year of double-digit growth, which is unprecedented in the 30 years of the study. Such growth is not expected to continue, as the stock market's decline in the latter half of 2000 was not reflected in the support figures, said Ann ANN, Scotch law. Half a year's stipend over and above what is owing for the incumbency due to a minister's relict, or child, or next of kin, after his decease. Wishaw. Also, an abbreviation of annus, year; also of annates. In the old law French writers, ann or rather an, signifies a year. Kaplan, the survey's director. "I think it's a good illustration of the responsiveness of higher education fundraising
Alumni provided 29 percent of the voluntary support, or $6.8 billion, which is a 14.7 percent increase over 1999. Nonalumni were the second-largest source of revenue, tallying $5.42 billion or 23 percent. Foundations, both public and private, gave $5.08 billion, largely fueled by the stock market. Corporations, at $4.15 billion, gave 18 percent of total private support. Kaplan noted that it appears more corporations are supporting education in ways that don't show up as charitable contributions charitable contribution n. in taxation, a contribution to an organization which is officially created for charitable, religious, educational, scientific, artistic, literary, or other good works. , utilizing cause related marketing and sponsorships. Kaplan said the council also looked at support over the past decade. "The types of colleges and universities that get the most support," she said, "most tend to be research and doctoral institutions. They get the lion's share of the support. But there's been more and more public institutions receiving voluntary support over the past 10 years." |
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