Contributions to the Nation’s Colleges and Universities Reach $41 Billion
Charitable contributions to colleges and universities in the United States increased only 1.7 percent in 2016, according to the Voluntary Support of Education (VSE) survey, conducted annually by the Council for Aid to Education (CAE). At $41 billion, the total is higher than the $40.30 billion raised in 2015, but the gain is nearly eliminated when adjusting for inflation.
Top 20 Fundraising Institutions – Less than 1 Percent of the Nation’s Colleges – Raise 27.1 Percent of All 2016 Gifts. Gifts to These 20 Institutions Fell 2.1 Percent in 2016.
The Top 20 fundraising institutions together raised $11.12 billion, 27.1 percent of the 2016 total. In 2015, the same 20 institutions raised $11.36 billion.
To learn more go to http://cae.org/images/uploads/pdf/VSE-2016-Press-Release.pdf