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These colleges have the highest rates of alumni donations. The top 15 may surprise you

University Business

News & World Report found with the highest number of alumni opting to donate, the average donation rate tripled the national average. In the 2022-23 academic year, around 30% of these schools’ alumni contributed, compared to the typical 8%. Among the 15 colleges in the nation U.S.

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Sean "Diddy" Combs Donates $1 Million to Alma Mater Howard University

Diverse: Issues in Higher Education

His donation to his alma mater comes after pledging to do so during the 2022 BET Awards. This is not the first time Combs has donated to Howard, having donated to the school’s business program back in 2016 for student scholarships and internship opportunities, according to Howard’s school paper The Hilltop.

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$100 million: The largest single donation in HBCU history goes to Spelman College

University Business

On Thursday, the Atlanta-based liberal arts institutions received a $100 million donation. It is believed to be the single-largest one-time donation ever granted to an HBCU. ” Three-quarters of the donation will go directly toward scholarships. ” Three-quarters of the donation will go directly toward scholarships.

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Colleges report strong fundraising for fiscal year 2022

Inside Higher Ed

Image: With fiscal year 2022 in the books, some colleges are reporting blockbuster fundraising years even amid economic uncertainty and a period of high inflation. Giving USA tracks charitable contributions by the calendar year, not by fiscal year; results for 2022 will be available next summer.). Tracking Giving Trends.

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College endowments dropped in fiscal year 2022

Inside Higher Ed

The average return for all college endowments in fiscal 2022 was negative 8 percent, falling far short of the 30.6 Despite the rocky returns, NACUBO found that donations to endowments increased by an average of 22 percent in 2022, for institutions with both large and small endowments. percent overall average return in 2021.

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Donations to higher ed had biggest boost in 20 years

Inside Higher Ed

Sixty-one percent of charitable donations to higher ed came from organizations, 22 percent came from alumni and 16 percent came from individuals who were not alumni. percent, donations to two-year institutions fell by more than 15 percent from fiscal 2021, a decline that Pasic said was both surprising and discouraging.

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Charitable Gifts To Higher Ed Surged In Fiscal 2022, Along With The Stock Market

University Business

billion in fiscal year 2022—representing a 12.5% That means they can thank a strong stock market in December 2021, when many wealthy donors look to make tax deductible gifts of appreciated stock, for a rise in 2022 donations. C haritable giving to colleges and universities totaled a record $59.5 Read more on Forbes.

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