20 colleges took in 28 percent of donations to universities last year

February 14, 2019 | MarketWatch

As with many sectors of our society these days, when it comes to colleges there are haves and have-nots.

The 20 colleges that received the most money in donations during the last fiscal year accounted for about 28% of the total $46.73 billion donated to universities during that period. They serve just 1.6% of the nation’s 19.9 million undergraduate students. That’s based on an analysis of the annual Voluntary Support for Education survey, published by the Council for Advancement and Support of Education, a membership association for professionals working in development, alumni relations and related fields for educational institutions.

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