April 17, 2009
With Dwindling Resources, Colleges Recalibrate Fund-Raising Staffs
After several years of aggressive hiring, some college fund-raising operations are now cutting back as both revenue and investment income fall. The regrouping could slow growth plans on many campuses at a time when the need for private support has never been greater.
Among the colleges that have laid off fund-raising staff members recently are the University of Washington, Oklahoma State University, and the University of Connecticut. Cornell University announced last month that it