The Kept-Up Academic Librarian

Public Universities Carry On Endless Fundraising

Getting tired of the old alma mater putting the touch on you for its latest megamillion-dollar fundraising campaign?. Does it seem like the phone calls and letters that used to pop up once in a while are now just streaming in Welcome to the never-ending public university fundraising campaign. As states have tightened the taps on higher-education funding, public colleges and universities are acting more like private schools when it comes to raising money — they’re always in campaign mode. And the financial goals keep rising.Read more at:
http://www.kansascity.com/2012/08/20/3771212/colleges-turn-to-donors-for-cash.html

Bill Cosby Will Help Temple U Raise Funds For Financial Aid

Temple University will kick off a $100 million fund-raising campaign in the fall specifically targeted at financial aid, as it continues a concerted effort to roll back the cost of education. Famous Temple alum Bill Cosby has filmed several videos the university will use to urge its 275,000 alumni and others to donate and help a new generation of students attend school at an affordable cost. Read more at:
http://www.philly.com/philly/news/20120813_Temple_University_to_launch_financial-aid_fund-raising_campaign.html?cmpid=125459048

College Alumni Most Likely To Donate Big At 25th And 50th Reunions

The alumni who celebrated their 50th class reunion at Carleton College in Northfield last month danced to Elvis hits, ate seared salmon and bison ribs, and announced a jaw-dropping donation to their alma mater. It was spelled out in placards in front of the dining room one morning: $ 30 MILLION ! The gift, made by just 223 people, set a reunion record for Minnesota colleges. Read more at:
http://www.chicagotribune.com/topic/sns-mct-223-alums--reunion--30-million-for-carleton-20120716,0,3152403.story

Despite Loan Debt And Job Worries Colleges Will Ask Seniors To Donate

It’s not an easy pitch. The private university in Winchester, Va., charges more than $35,000 a year for tuition and other expenses, and more than 85 percent of a recent graduating class had student loan debt. But like most universities, Shenandoah relies on donations. It wants to train soon-to-be-alumni to give generously.many private and public schools are asking students for donations. In part these solicitations continue the long tradition of senior-class gifts. But the phenomenon appears to be growing, college officials say, and students are giving at what are described as record rates. Read more at:
http://www.washingtonpost.com/local/education/colleges-hit-up-graduating-seniors-for-donations/2012/04/30/gIQAhxpesT_story.html

Super-Wealthy Elite Colleges Excel At Fundraising

For the 99 percent of colleges, it was a pretty good fundraising year. For the 1 percent of super-wealthy elite schools, it was a much-better one that catapulted them even farther ahead of the pack. The latest annual college-fundraising figures, out today, show that donations to colleges and universities rose 8.2 percent in fiscal 2011, topping the $30 billion mark for just the second time, and improving many schools’ financial footing after several lean years because of the economic downturn. Of the $30.3 billion collected by colleges and universities nationwide, $8.2 billion — or 27 percent — was raised by the top 20 institutions. Read more at:
http://www.courier-journal.com/article/20120217/BUSINESS/120218020/College-fundraising-up-2011-rich-get-richer 

Endowments Did Well In 2011 But Have Yet To Fully Make Up Lost Ground

College and university endowments made gains in the fiscal year that ended in June, but many are still struggling to make up ground they lost in 2008 and 2009. Data gathered from 823 U.S. colleges and universities show that the institutions' endowments returned an average of 19.2 percent for the 2011 fiscal year. The donations that colleges rely on to replenish their coffers also have not rebounded from pre-recession levels. Read more at:
http://www.chicagotribune.com/business/breaking/chi-college-endowments-show-growth-for-fy-2011-20120131,0,7318763.story

Pepper Spray Incident Has Not Slowed Down Fundraising Effort

The infamous pepper-spray incident at UC Davis in November brought a lot of negative attention to the campus. But it didn't hurt fundraising – at least not yet. Alumni and businesses gave $19.3 million to the Campaign for UC Davis during December, up 15 percent from the previous month and 30 percent from December 2010, according to a Bee review of university records. The campaign is a multi-year effort to raise $1 billion from at least 100,000 donors. Read more at:
http://www.sacbee.com/2012/01/29/4222834/public-eye-donations-to-uc-davis.html

Read more here: http://www.sacbee.com/2012/01/29/4222834/public-eye-donations-to-uc-davis.html#storylink=cpy

 

IHEs Must Respect The Wishes Of Donors

The five weeks between Thanksgiving and New Year's Day are the equivalent of "Black Friday" for charities, which receive nearly half of their annual donations during the holiday season, according to a Charity Navigator survey. Colleges and universities are no exception. Higher education institutions always have been among America's most successful fundraisers. Regrettably, donor intent abuses by colleges and universities are all too familiar. Read more at:
http://articles.baltimoresun.com/2011-12-19/news/bs-ed-donor-intent-20111219_1_donor-intent-colleges-wealthiest-universities

In Tough TImes One Angel Donor Can Make A Difference For Colleges

While he’s best known for forensics work on high-profile cases such as the O.J. Simpson and Jon Benet Ramsey investigations, there’s another Henry Lee behind the scenes: an “angel donor,’’ one of countless low-key, often anonymous benefactors nationwide whose gifts or influence have helped launch or save their favored colleges’ most critical programs. As the economy has made fundraising more challenging in recent years, some universities are being buoyed by longtime angel donors whose quiet philanthropy is plugging budget holes. Their gifts occasionally come so anonymously that the schools do not even know their benefactors’ identities right away. Read more at:
http://articles.boston.com/2011-08-14/news/29887096_1_angel-donors-forensics-berea-college

New President Shows Support With A Big Donation

She only just arrived, and she's already making a major donation. Susan Herbst took over as president of theUniversity of Connecticut on June 15. She hasn't even been inaugurated yet. But on Wednesday, the university announced that she and her husband, Douglas Hughes, a marketing consultant, are donating $100,000 to create a scholarship for needy students in the arts and humanities.Read more at:
http://www.courant.com/news/education/hc-herbst-gift-0707-20110706,0,4878275.story