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Fundraising

Giving to College and Private Schools

May 4, 2000 | Read Time: 2 minutes

The Chronicle of Philanthropy

SOURCE: Council for Aid to Education

ALSO SEE:


Donations per Student at Colleges and Universities

Chronicle chart by Jasmine Stewart

Sources and Purposes of Private Support for Colleges
1994 1998 1999 1-year1
change
5-year1
change

Sources of support:

Alumni $3,410,000,000 $5,500,000,000 $5,930,000,000 +6.0% +54.4%
Non-alumni individuals $2,800,000,000 $4,500,000,000 $4,810,000,000 +5.1% +52.5%
Corporations $2,510,000,000 $3,250,000,000 $3,610,000,000 +9.2% +27.7%
Foundations $2,540,000,000 $3,800,000,000 $4,530,000,000 +17.2% +58.3%
Religious organizations $240,000,000 $300,000,000 $330,000,000 +8.2% +22.1%
Other organizations $850,000,000 $1,050,000,000 $1,190,000,000 +11.4% +24.3%

Purposes of support:

Current operations $6,710,000,000 $9,000,000,000 $9,900,000,000 +8.2% +31.0%
Capital purposes $5,640,000,000 $9,400,000,000 $10,500,000,000 +9.8% +65.3%
Total $12,350,000,000 $18,400,000,000 $20,400,000,000 +9.0% +46.7%
1Adjusted for inflation

Top 20 Colleges and Universities in Total Donations
Harvard University (Mass.) $451,672,023
Cornell University (N.Y.) $341,359,263
Duke University (N.C.) $330,991,502
Stanford University (Calif.) $319,590,155
Columbia University (N.Y.) $284,486,570
University of Pennsylvania $270,060,684
University of Wisconsin, Madison $245,382,486
Yale University (Conn.) $224,443,203
University of Nebraska $218,746,396
University of Southern California $216,784,218
University of Washington $210,744,638
Massachusetts Institute of Technology $208,437,037
University of California, Los Angeles $208,203,671
Johns Hopkins University (Md.) $206,972,839
Vanderbilt University (Tenn.) $193,182,979
University of California, Berkeley $184,230,886
University of Michigan $176,993,402
University of Minnesota $161,966,013
Indiana University $159,436,782
Princeton University (N.J.) $159,080,194

Giving to Private Schools
19981 19992 Percentage
change in
average
Core group
percentage
change3
Amount Average per
institution
Amount Average per
institution

Sources of support:

Alumni $395,770,000 $1,346,156 $363,975,000 $1,233,813 -8.3% -10.4%
Parents $249,015,000 $846,990 $266,324,000 $902,793 +6.6% +4.1%
Grandparents $20,344,000 $69,197 $18,949,000 $64,235 -7.2% +1.5%
Other individuals $101,805,000 $346,275 $86,400,000 $292,880 -15.4% +7.1%
Corporations $26,246,000 $89,272 $29,161,000 $98,851 +10.7% -9.1%
Foundations $136,185,000 $463,216 $144,093,000 $488,450 +5.4% +14.8%
Religious organizations $1,501,000 $5,104 $988,000 $3,350 -34.4% -42.8%
Other organizations $14,116,000 $48,013 $16,321,000 $55,327 +15.2% +13.4%

Purposes of support:

Current operations $240,523,000 $818,105 $257,040,000 $871,322 +6.5% +5.6%
Capital purposes $704,459,000 $2,396,120 $669,146,000 $2,268,291 -5.3% -5.7%

Total $944,982,000 $3,214,225 $926,186,000 $3,139,614 -2.3% -2.9%
1 Reports from 294 schools
2 Reports from 295 schools
3 Based on 226 schools

Average Support by Type of School
Girls Boys Coeducational All
Day elementary $526,905 $3,349,605 $1,251,015 $1,377,643
Day elementary and secondary $2,756,444 $4,486,027 $2,507,752 $2,661,211
Day secondary $1,718,605 $3,494,130 $2,348,163 $2,505,388
Day/boarding1 $2,494,056 $3,922,149 $3,095,368 $3,093,217
Boarding and boarding/day2 $2,186,373 $4,530,561 $6,085,458 $5,263,173

All schools $2,424,085 $4,115,645 $3,135,164 $3,139,699
1 Day/boarding schools are those in which 51 to 94% of enrollment is day students.
2 Boarding/day schools are those in which 50 to 94% of enrollment is boarding students.

Top 10 Boarding Schools in Total Donations
Phillips Academy (Mass.) $26,077,694
Phillips Exeter Academy (N.H.) $25,422,582
Lawrenceville School (N.J.) $20,283,129
Deerfield Academy (Mass.) $19,371,581
Hotchkiss School (Conn.) $16,077,613
Taft School (Conn.) $13,419,702
Kent School (Conn.) $12,754,672
Choate Rosemary Hall (Conn.) $11,722,650
The Culver Educational Foundation (Ind.) $11,617,698
Peddie School (N.J.) $10,725,470

Top 10 Day Schools in Total Donations
Westminster Schools (Ga.) $17,776,716
Park Tudor School (Ind.) $15,537,084
Lakeside School (Wash.) $13,165,245
Harvard-Westlake School (Calif.) $10,766,437
Milton Academy (Mass.) $9,760,326
The Brearley School (N.Y.) $7,414,404
Episcopal High School (Tex.) $7,372,659
Concord Academy (Mass.) $7,365,292
Woodward Academy (Ga.) $7,274,832
St. Bernard’s School (N.Y.) $7,172,936

Top 10 Boarding-School Endowments
Phillips Exeter Academy (N.H.) $449,396,902
Phillips Academy (Mass.) $427,934,000
St. Paul’s School (N.H.) $357,390,000
Deerfield Academy (Mass.) $224,561,603
Lawrenceville School (N.J.) $219,000,000
Hotchkiss School (Conn.) $214,789,000
Peddie School (N.J.) $197,924,800
Groton School (Mass.) $172,599,843
St. Andrew’s School (Del.) $163,379,962
Choate Rosemary Hall (Conn.) $143,899,000

Top 10 Day-School Endowments
Westminster Schools (Ga.) $207,202,136
Albuquerque Academy (N.M.) $191,445,000
Milton Academy (Mass.) $130,090,895
Roxbury Latin School (Mass.) $104,083,063
Kinkaid School (Tex.) $80,305,350
Loomis Chaffee School (Conn.) $79,476,000
Park Tudor School (Ind.) $76,801,249
Mary Institute and Saint Louis Country Day School (Mo.) $73,182,000
St. Mark’s School of Texas (Tex.) $72,084,547
McCallie School (Tenn.) $70,799,179

Source: Council for Aid to Education
Chronicle chart by Jasmine Stewart


Copyright © 2000 The Chronicle of Philanthropy