COLLEGES AND UNIVERSITIES RAISE $41 BILLION IN 2016
Personal Giving Declines as Support from Organizations Rises
Majority of Gifts Go to Current Operations, Not Endowments
Trends in Giving for Financial Aid Show Little Change
Charitable contributions to colleges and universities in the United States increased only 1.7 percent in 2016, according to the Voluntary Support of Education (VSE) survey, conducted annually by the Council for Aid to Education (CAE). At $41 billion, the total is the higher than the $40.30 billion recorded in 2015, but the gain is nearly eliminated when adjusting for inflation.
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Our annual publication, Voluntary Support of Education, offers comprehensive data on contributions by source and purpose for all higher-education and pre-collegiate participants. It includes a summary report that describes patterns of giving nationwide and links trends in giving to major economic indicators.