News

Giving to Colleges and Universities, 2007-8

March 6, 2009

WINNERS AND LOSERS IN FUNDS RAISED
The one-year change in amount raised was progressively worse among colleges that raised less money.

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WINNERS AND LOSERS IN FUNDS RAISED

The one-year change in amount raised was progressively worse among colleges that raised less money.

	Percentage change in amount raised from 2006-7 to 2007-8
Top 20 institutions, 2007-8	+11.5%
Top quarter of the rest	+7.3%
Second quarter	+3.8%
Third quarter	-4.1%
Bottom quarter	-13.2%
NOTE: Figures for 967 institutions.
SOURCE: Council for Aid to Education

TOP FUND-RAISING INSTITUTIONS, 2007-8

Percentage change in amount raised from 2006-7 to 2007-8

Percentage change in amount raised from 2002-3 to 2007-8

1. Stanford U.

$785,042,846

-5.7%

+61.5%

2. Harvard U.

$650,625,000

+6.0%

+17.1%

3. Columbia U.

$495,106,753

+16.8%

+75.9%

4. Yale U.

$486,610,483

+24.4%

+119.1%

5. U. of Pennsylvania

$475,957,652

+21.3%

+19.1%

6. U. of California at Los Angeles

$456,654,332

+25.2%

+42.9%

7. Johns Hopkins U.

$448,964,324

+4.3%

+40.5%

8. U. of Wisconsin at Madison

$410,227,266

+26.1%

+43.0%

9. Cornell U.

$409,422,892

+0.6%

+29.1%

10. U. of Southern California

$409,183,101

-12.9%

+33.7%

11. Indiana U. system

$408,620,812

+46.7%

+63.5%

12. New York U.

$387,608,993

+34.8%

+86.4%

13. Duke U.

$385,672,922

+3.6%

+29.9%

14. U. of California at San Francisco

$366,068,018

+45.3%

+62.3%

15. U. of Michigan system

$333,445,185

+13.6%

+81.3%

16. Massachusetts Institute of Technology

$311,902,992

-5.2%

+62.9%

17. U. of Minnesota system

$307,609,387

+6.5%

+25.6%

18. U. of Washington

$302,770,825

+0.9%

-2.7%

19. U. of North Carolina at Chapel Hill

$292,389,028

+18.4%

+78.7%

20. U. of California at Berkeley

$285,346,548

+17.6%

+49.6%

SOURCE: Council for Aid to Education

	Percentage change in amount raised from 2006-7 to 2007-8	Percentage change in amount raised from 2002-3 to 2007-8
1. Stanford U.	$785,042,846	-5.7%	+61.5%
2. Harvard U.	$650,625,000	+6.0%	+17.1%
3. Columbia U.	$495,106,753	+16.8%	+75.9%
4. Yale U.	$486,610,483	+24.4%	+119.1%
5. U. of Pennsylvania	$475,957,652	+21.3%	+19.1%
6. U. of California at Los Angeles	$456,654,332	+25.2%	+42.9%
7. Johns Hopkins U.	$448,964,324	+4.3%	+40.5%
8. U. of Wisconsin at Madison	$410,227,266	+26.1%	+43.0%
9. Cornell U.	$409,422,892	+0.6%	+29.1%
10. U. of Southern California	$409,183,101	-12.9%	+33.7%
11. Indiana U. system	$408,620,812	+46.7%	+63.5%
12. New York U.	$387,608,993	+34.8%	+86.4%
13. Duke U.	$385,672,922	+3.6%	+29.9%
14. U. of California at San Francisco	$366,068,018	+45.3%	+62.3%
15. U. of Michigan system	$333,445,185	+13.6%	+81.3%
16. Massachusetts Institute of Technology	$311,902,992	-5.2%	+62.9%
17. U. of Minnesota system	$307,609,387	+6.5%	+25.6%
18. U. of Washington	$302,770,825	+0.9%	-2.7%
19. U. of North Carolina at Chapel Hill	$292,389,028	+18.4%	+78.7%
20. U. of California at Berkeley	$285,346,548	+17.6%	+49.6%
SOURCE: Council for Aid to Education

TRENDS IN GIVING

Annual percentage changes
1988	-3.5%
1989	+8.8%
1990	+9.8%
1991	+4.1%
1992	+4.9%
1993	+4.7%
1994	+10.3%
1995	+3.2%
1996	+11.8%
1997	+12.3%
1998	+15.0%
1999	+10.9%
2000	+13.7%
2001	+4.3%
2002	-1.2%
2003	0.0%
2004	+2.1%
2005	+4.9%
2006	+9.4%
2007	+6.3%
2008	+6.2%
NOTE: Figures cover the years ending June 30 for most institutions.
SOURCE: Council for Aid to Education

WHERE THE MONEY CAME FROM AND HOW IT WAS SPENT, 2007-8

Where the Money Came From
Alumni	27.5%
Nonalumni	19.4%
Corporations	15.5%
Foundations	28.8%
Religious organizations	1.2%
Other organizations	7.6%
Estimated national total, 2007-8	$31.6-billion
How It Was Spent
Current operations (unrestricted)	7.7%
Current operations (restricted)	45.9%
Deferred Gifts*	2.7%
Property, buildings, and equipment	14.0%
Endowment: (unrestricted)	2.2%
Endowment: (restricted)	27.6%
Loan funds	0.0%
Total for 1,052 institutions, 2007-8	$27.32-billion
* Deferred gifts counted at present value
SOURCE: Council for Aid to Education

GIVING BY TYPE OF INSTITUTION, 2007-8

Research
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	218	$20,216,048	$92,734	+7.8%
Private	76	$9,558,758	$125,773	+5.6%
Public	142	$10,657,290	$75,051	+10.2%

Master’s
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	342	$2,501,020	$7,313	+2.9%
Private	185	$1,564,443	$8,456	-0.8%
Public	157	$936,577	$5,965	+9.3%

Baccalaureate
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	268	$2,874,842	$10,727	+0.2%
Private	232	$2,722,112	$11,733	+1.9%
Public	36	$152,730	$4,243	+2.8%

Specialized
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	56	$1,469,795	$26,246	+13.0%
Private	39	$450,214	$11,544	+1.7%
Public	17	$1,019,581	$59,975	+31.4%

2-year
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	168	$261,080	$1,554	-3.2%
Private	4	$10,620	$2,655	+44.1%
Public	164	$250,460	$1,527	-4.6%

Total
Type of institution	Number of institutions surveyed	Total amount (in thousands)	Average per institution (in thousands)	One-year change
All	1,052	$27,322,785	$25,972	+5.2%
SOURCE: Council for Aid to Education

http://chronicle.com Section: Money & Management Volume 55, Issue 26