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SOURCE: Council for Aid to Education
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ALSO SEE:
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| 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
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