The Howard Hughes Medical Institute in Chevy Chase, Maryland, has announced grants totaling more than $50 million to small colleges and universities working to improve undergraduate science education in the United States. A total of forty-three four-year grants ranging from $800,000 to $1.5 million were awarded to institutions of higher education working to create more engaging science [...]
The University of California, Los Angeles endowment has grown the fastest among U.S. colleges since 2008 as markets recovered and gifts from philanthropists such as casino mogul Kirk Kerkorian surged. UCLA’s endowment size increased an average 12.3 percent annually to $1.49 billion in the three years through 2011, almost double the 6.5 percent growth of [...]
A small but growing number of private colleges are freezing tuition and rethinking policies that have driven up prices to unsustainable levels. According to the National Association of Independent Colleges and Universities, which represents more than 950 private colleges, 15 have announced tuition freezes for the 2012-13 school year. The group includes two well-known, selective [...]
Colleges and universities in the U.S. raised $30.3 billion in the fiscal year ended June 30, 2011, up 8.2 percent over 2010, but still $1.3 billion shy of the historical high posted in 2008, a new study says. After adjusting for inflation, the 2011 fundraising increase slid to 4.8 percent, but outpaced a flat year [...]
Giving to the nation’s colleges and universities rose 8.2 percent in 2011, to $30.3 billion, or $1.3 million less than the highest amount — $31.6 billion in 2009 — ever captured in the annual Voluntary Support of Education survey, a new report from the Council for Aid to Education finds. Adjusted for inflation, giving to [...]
An alumnus and trustee of Middlebury College has given the college 377 acres of land in Cornwall bordering the Vermont institution’s historic campus. The property is the largest and most significant that the college has received since Joseph Battell bequeathed 30,000 acres on Bread Loaf Mountain in Ripton in 1915. The gift is from trustee [...]
Philanthropies maintained consistent funding levels for education during 2011, on average, but were more strategic and deliberate with dollars, according to a new report on trends in education philanthropy. The latest edition of the annual report was produced by Grantmakers in Education, a Portland, Ore.-based membership association of 280 public and private philanthropic organizations that [...]
Kenyon College officials announced yesterday that the private liberal arts school in Knox County raised more than $240 million in a six-year capital campaign.The campaign launched publicly in May 2007 with a $10 million gift from the late Paul Newman, …
Two years into the economic recovery, few charities are confident about a strong rebound in private donations, two recent national surveys found.That could make life difficult for several dozen colleges and universities that are conducting billion-doll…
The trustees of the revived Antioch College are pledging to provide $9 million over the next three years to help finance the college’s operating costs, Board Chair Lee Morgan announced late Friday. The school closed in 2007 amid financial problems but …