For the second year in a row, Stanford University topped the list of university fundraisers, bringing in a total of $832 million dollars, an amount that has been exceeded only once, and that by Stanford a year ago. Harvard came in second in the dollar sweepstakes, raising around $614 million according to the Council for [...]
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The University of Pennsylvania has announced a $15 million gift from one of its board members, Christopher Browne. The gift will establish five named chairs in the school of arts and sciences. Mr. Browne is the managing director of the investment house, Tweedy, Brown Company, and since the Insider actually has invested with that firm [...]
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Although Oxford and Cambridge are among the very oldest of the world’s universities, they are still relatively new to the business of fundraising. Such efforts weren’t necessary in the past because of strong government support that kept the price of attendance down, but the last two decades have seen significant erosion of taxpayer funding.
Rising to [...]
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It seems that the concept of a higher education endowment gap has realoy taken root in the popular press. How should the Top Tier colleges and universities responsibly exercise control over the huge endowments that ensure their separation from the rest of the higher education universe? To what extent do they owe a debt to [...]
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Dr. James Wright, Dartmouth College’s president for 11 years, has announced that he will leave office in June 2009. Dr. Wright has informed the trustee board that he wants to get back to his academic field of political history and to extend his work helping wounded veterans attend college. His commitment to stay on through [...]
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The University of Chicago’s global markets program has a new sponsor, Deere & Co, They have committed $450,000 over three years to the Chicago Graduate School of Business program.
Does everyone get to wear the green baseball caps?
Get more information from… Quad-Cities Online
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At a large party in New York City, Cornell officials announced that they had reached the important 50% threshold in their effort to raise $4 billion in the Far Above campaign for the future of Cornell. This capital fundraising endeavor takes on special importance in view of the recent changes in financial aid policy undertaken [...]
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As someone who has been involved in university fundraising for a couple of decades, I can tell you that it’s made much easier by the hook of highly visible naming opportunities. Buildings, fellowships, faculty chairs, they’re all relatively easy sells to potential donors because of the immediate gratification they provide. Apparently there’s nothing like seeing [...]
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Brown has announced a new scholarship program directed at students from sub-Saharan Africa that was funded by a $5.75 million gift from Israeli businessman Idan Ofer. The scholarship recipients will be required to return to their native countries for at least two years following graduation to help address their critical needs. Brown’s statement quotes President [...]
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At the risk of beating a dead horse, let’s point out a couple of other current reports. One suggests the creation of excise taxes on private endowments, especially those of institutions that don’t spend at least 5% of their corpus annually, while the other reports that some schools like the University of Chicago are running [...]
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