February 23, 2007

Britain Encourages Gifts to Universities

By AISHA LABI

Prime Minister Tony Blair of Britain announced this month the creation of a new government program that will reward universities for their fund-raising efforts by giving them $1 for every $2 they raise. The program is designed to encourage philanthropic giving to English universities, which, despite a recent increase in the amount of tuition they are allowed to charge, continue to rely on the government for most of their financing.

Institutions that raise the most money in private

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