June 4, 1999

Private Gifts to Colleges Increased 15% in 1998

By JOHN L. PULLEY

9 donations of at least $50-million helped bring the total to $18.4-billion

The value of private gifts made to the nation's colleges and universities last year rose at the fastest rate since 1986.

Fueled by a robust economy, a rising stock market, and the popularity of planned giving,

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