Key Issues Facing Higher Education Philanthropy
In an era of declining public funding, private philanthropy has played an increasingly vital role for both public and private institutions.
This report, jointly sponsored by the TIAA Institute and the American Council on Education (ACE), illuminates important shifts in American philanthropy driven by economic, demographic and technological forces and the implications for U.S. colleges and universities. The author examines factors that influence gifts of a million dollars or more, analyzes giving by American households over time, and explores areas for expanding an aging donor base.
To examine how economic and demographic forces have changed higher education philanthropy, the author draws from several data sources, including the Million Dollar List, a study housed at the Indiana University Lilly Family School of Philanthropy, and the ongoing Philanthropy Panel Study, a module within the University of Michigan’s Panel Study of Income Dynamics.