Higher Ed Giving Fell Slightly in 2020

(from Inside Higher Ed) Charitable giving to colleges and universities was essentially flat in the 2020 fiscal year despite the pandemic. For the first time in a decade, total giving to higher education institutions fell slightly, from $49.6 billion to $49.5 billion, according to the Council for Advancement and Support of Education’s latest annual giving survey Aggregate giving from alumni, corporations and foundations fell in fiscal 2020. Contributions from other organizations increased by 7% in fiscal 2020 and edged past corporate giving for the first time. The rise in giving from other organizations can be attributed to payouts from donor-advised funds, according to Ann Kaplan, senior director of the Voluntary Support for Education Survey.

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