Monday, March 4, 2019

Giving to higher ed will slow in 2019, Moody's predicts - James Paterson, Education Dive

Public universities are "gaining momentum" in giving, with donations rising a median 8.8% during the fiscal year ending June 30, 2018, according to a recent Moody's investor report. That increase has outpaced voluntary contributions to private universities, which were up 6.7% for the year. Overall, giving is expected to continue but will slow in 2019. Moody's reported that intentional efforts to boost public university fundraising paid off, raising the increase in giving from a growth 2.3% rate in 2015. Private and public institutions with more than $5 billion in cash and investments collected 61% and 49% of all voluntary gifts, respectively. Meanwhile, some private colleges that aim to become "philanthropically centered" by using annual gifts and larger endowments to cover more operating expenses may struggle, Moody's reported. https://www.educationdive.com/news/giving-to-higher-ed-will-slow-in-2019-moodys-predicts/548675/