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giving "snapped back" after the recession, said Carl E. Zylstra, president of Dordt
College, "it snapped back at a higher level than it had ever been." Mr. Zylstra said
the college, in Sioux Center, Iowa, came in $7-million over the $50-million goal for a
recent campaign, and planned to break ground for a new science building either
this fall or next spring.
"People are optimistic all over the shop," said Geoffrey Chatas, Ohio State
University's senior vice president and chief financial officer. "Our number of gifts
larger than half a million dollars was 26 in 2011, compared with 10 the year before."
Most notable was a $100-million donation to the university hospital in February
2011 from Leslie Wexner, chairman of the university's board.
The Voluntary Support survey's director, Ann E. Kaplan, said the overall 2011
increase reflects "a bunch of capital campaigns going on at those big institutions,"
such as Stanford University, the year's No. 1 fund raiser at $709.4-million.
Stanford announced last week that a five-year capital campaign that ended
December 31 had attracted $6.2-billion, the largest total ever for a single campaign
by a higher-education institution.
Rounding out the survey's top five were Harvard University, in the No. 2 spot at
$639.2-million; Yale University, at $580.3-million; the Massachusetts Institute of
Technology, at $534.3-million; and Columbia University, at $495.6-million.
"All you need to drive national numbers is for a handful of institutions to have
numbers like that," Ms. Kaplan said. The top 20 institutions in the survey (see a
table, below) raised a total of $8.24-billion15.8 percent more than they did in
2010.
For colleges that aren't fund-raising powerhousesthose in the lower three-quarters
of all institutions in terms of givingresults in 2011 were mixed. Although it was a
disappointing year for many such colleges, nearly half46 percentraised more in
2011 than they had in 2010, and more than a third actually saw increases larger
than the 8.2-percent average for all institutions.
The 210 research universities in a 936-member group that responded to both the
2010 and 2011 surveys reported that donations were up 9.1 percent, while giving at
320 master's institutions rose 8.3 percent, and 260 liberal-arts colleges saw a 13.2percent increase. The 155 two-year colleges in the survey posted the worst results
an increase of just over 3 percent.
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2010-11
2009-10
Percentage change
Stanford U.
$709.4
$598.9
+18.5%
Harvard U.
$639.2
$597.0
+7.1%
Yale U.
$580.3
$380.9
+52.4%
$534.3
$307.2
+74.0%
Columbia U.
$495.6
$402.4
+23.2%
Johns Hopkins U.
$485.4
$427.6
+13.5%
U. of Pennsylvania
$437.7
$381.6
+14.7%
$415.0
$340.4
+21.9%
$409.5
$268.9
+52.3%
10
U. of Southern California
$402.4
$426.0
-5.5%
11
U. of Texas at Austin
$354.3
$235.3
+50.6%
12
Duke U.
$349.7
$345.5
+1.2%
13
New York U.
$337.9
$349.2
-3.3%
14
U. of Washington
$334.5
$285.2
+17.3%
15
U. of Wisconsin at Madison
$315.8
$311.9
+1.3%
16
Cornell U.
$315.5
$308.2
+2.4%
17
Indiana U.
$295.9
$342.8
-13.7%
18
U. of California at Berkeley
$283.4
$307.5
-7.9%
19
$275.0
$266.9
+3.0%
$272.6
$245.0
+11.3%
20 U. of Minnesota
Source: Council for Aid to Education
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Biemiller (2012) reports that the Council for Aid to Educations Voluntary Support
of Education survey for 2011 found an overall increase in donations to US
universities of 4.8%, when adjusted for inflation. This represents the highest amount
of giving since 2008, after which the recession caused the amount of donations to
dip. Although 86% of the gifts was garnered by just a quarter of universities,
Biemiller maintains that the atmosphere among US institutions is still generally
optimistic since almost half of the remaining 75% of universities reported increases
in giving over 2010 numbers. According to the survey, the rise in donations reflects
in part the success of fund-raising campaigns at the top-earning institutions.
Although these numbers are encouraging, they also show that resources continue to
be concentrated in the top tier of US universities which are historically institutions
that already boast state-of-the-art facilities. As can be seen in Table 1, the top five
fund-raising universities include the top-ranked American institutions . . . (continue
with response/data commentary)
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