February 24, 2006

Private Giving to Colleges Is Up, but Fewer Alumni Make Donations

By ERIN STROUT

U. of Wisconsin at Madison gets Blue Cross windfall, increasing national total

The country's colleges raised a collective $25.6-billion in private donations during the 2005 fiscal year, a 4.9-percent increase from 2004. While it was the second consecutive year that private giving grew, following a drop in 2002 and a weak performance in 2003, the wealth was far from evenly distributed.

The increase in giving to just the top 10 institutions accounted for half of the total growth

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