At some point, 14 percent of Purdue's most recent young alumni cohort, which the school measures as anyone under the age of 35 who graduated within the last 10 years, has given gifts to the university, which has resulted in about $2 million, according to Storm. That represents a tiny chunk of the $300 million Purdue receives annually in gifts system-wide.
Fundraising
5/20/2013
4/18/2013
Presidents of the six public universities told the Kansas Board of Regents on Wednesday that proposals to cut as much as 4 percent from their 2014 budgets would mean fewer course offerings and other campus cuts.
4/18/2013
Gov. John Kitzhaber has put forth a budget that earmarks $428 million for Oregon’s 17 community colleges for the 2013-15 biennium. Those of us associated with the state’s community colleges have appreciated the positive direction of this budget — up from $395 million in the 2011-13 biennium.
4/4/2013
As the Senate worked to consider as many bills as possible before the official crossover day today, two actions on the floor saw some major debate. The first, a bill studying a change to the funding model for higher education facilities was discussed and then put to a vote. The second, an amendment proposed for a second time on the floor that had already failed in committee.
4/4/2013
More than 50,000 students – including students of color, those from low-income households, and those who are the first in their families to attend college – benefitted from Great Lakes-funded efforts in 2012.
3/15/2013
Gov. Dannel P. Malloy said Tuesday that more than $37 million in capital improvement projects for the state's community colleges will be placed on the agenda for next week's State Bond Commission meeting. The funding, paid for by additional state borrowing, will be directed to a variety of projects, including new instructional, research, and laboratory equipment for all 12 colleges; the development of information technology networks; and renovation and construction projects.
3/13/2013
Commonfund Forum, currently being held in Hollywood, Florida, released its annual survey data today showing that institutional investor expectations for 2013 remain positive. Commonfund conducted its third annual Commonfund Investor Outlook Survey™ which gauges the sentiment of the more the 500 participants at the Commonfund Forum. This year data was collected from 217 attendees representing a broad range of nonprofit institutional investors and pension funds. The combined assets were $123 billion.
2/20/2013
Stanford last year became the first university to raise more than $1 billion in a single year, according to the Council for Aid to Education’s annual college fund-raising survey.
2/20/2013
A change in Lee County's sales tax distribution method would be more agreeable to at least one Lee County Commissioner as long as a portion of the funds support Central Carolina Community College (N.C.).
2/15/2013
A $1.5 million gift from State Farm Companies Foundation to Heartland Community College will be used primarily for scholarships to needy students seeking work skills in high-demand areas such as information technology.
2/14/2013
Use this resource to determine where your higher ed institution stands against others in your state or the country in terms of federal funding.
2/14/2013
Obama's State of the Union address was much the same as last year’s, focusing intensely on college affordability and putting institutions on notice that the gravy train of public support for rising prices would have to end.
1/15/2013
At the corner of Fifth Avenue and 14th Street in Manhattan, you can see higher education's ambitions reaching to the sky. The New School's 16-story University Center nears completion at a cost of $353 million. The edifice is impressive. But would you want to hold the mortgage on it? That's what you have, in effect, if you buy a tax-exempt bond from the New School.
12/17/2012
The financial crisis is in the past, more or less, and campuses are looking ahead to a new era for their endowments. But what does this mean? Four years on, we’ve come to grips with the changes wrought by the September 2008 market crash. Finance departments are revising their theories and boards of trustees are revising their expectations under what has been called the “new normal”—a time of low stock market returns, low interest rates, and low growth in personal income.
12/11/2012
In what will be the largest donation it has ever received, the University of the Fraser Valley (British Columbia, Canada) will take ownership in early 2013 of the former BMO Bank of Montreal branch building at historic Five Corners in downtown Chilliwack. The university will renovate and refurbish the facility to create UFV Plaza, a downtown education centre with a focus on programming related to business development and training.
