The NACUBO-Commonfund Study of Endowments (NCSE) for fiscal year 2023 marks the 50th consecutive year that NACUBO has published a Study of the endowments of institutions of higher learning. It would not be an overstatement to say that the Study chronicled five decades of unparalleled change. The investment industry and endowment management have…

Although endowments at two-year colleges cannot compare to similar funding at a typical powerhouse university, community college endowments have grown an average of 76 percent over the past 20 years, according to the Center for Community College Advancement at the Council for Advancement and Support of Education (CASE). Foundation creation among…

This study examines how Chief Student Affairs Officers (CSAO) make sense of their role engaging with fundraising at small, private, liberal arts institutions with endowments below the median endowment size of $140.2 million. Specifically examining how they make sense of engaging with fundraising and how they have gained knowledge or experience in…

In an increasingly individualistic society in which the economic forecast has been uncertain for the past several years, independent schools have struggled to understand donors' motivations for giving. In addition, schools continually examine the way their annual giving campaigns articulate how donors' gifts align with the schools' missions and…

This article examines the workings of Hampton Institute's external relations program to show how the school developed loyal supporters and donors. By 1900, Hampton was the wealthiest school for African Americans, and its philosophy--stressing vocational education and forsaking political equality--was at its most influential during this time,…

This essay, shortlisted for the AHUA Dr Jonathan Nicholls Memorial Essay Prize, addresses recent policy attention on student maintenance funding in the United Kingdom. It proposes the establishment of a graduate-funded endowment in lieu of other measures such as increased parental contributions or the imposition of a graduate tax. After discussing…

The Voluntary Support of Education (VSE) annual survey has collected data on fundraising outcomes in higher education institutions in the United States. It is regarded as the definitive source of information on philanthropic support of those institutions. Data from the survey are used to estimate total charitable support of all institutions of…

This is the second year that the Voluntary Support of Education (VSE) survey--the longest-running and most-comprehensive survey of charitable giving to U.S. higher education institutions--has been under the auspices of the Council for Advancement and Support of Education (CASE). The brief that follows outlines basic findings from the 2019 survey,…

The Voluntary Support of Education (VSE) annual survey collects data on fundraising outcomes in higher education institutions in the United States. It is regarded as the definitive source of information on philanthropic support of those institutions. This research brief--the first in a series--is an example of the Council for Advancement and…

The percentage of full-time college students decreased by 7% in the United States between 2010 and 2018. Modern university leaders confront difficult decisions regarding their institutions' future because of financial challenges related to reduced tuition revenue. Grounded in the theory of diffusion of innovations and the balanced scorecard, the…

This research considers a variety of independent variables to determine the school-based factors that can predict alumni giving. Data for this study are gathered from a top-tier liberal arts college located in the US with an impressive history of alumni giving and a robust endowment fund. The findings indicate that cultural components of the…

Financial crunching has created a vacuum in the mission of community colleges, with specific focus paid to completion rates and degree attainment of students from low economic settings. This constraint on a profound national level has imposed a general concern to the American society, and many of our community colleges have aligned with global…

In the last decade, private liberal arts universities have experienced financial difficulties requiring the need to raise private funds. The financial viability of these universities depends on the ability of university presidents to raise money; however, challenges remain to carry out this task. To increase fundraising effectiveness at the…

Azerbaijan was part of the U.S.S.R. for 72 years until the demise of this communist experiment in 1991 (Hunter 1997). During the Soviet era, Azerbaijani higher education was completely tuition-free, along with a provision of a monthly allowance to 70 percent of university students across the U.S.S.R. (Chankseliani 2013). According to Iveta Silova,…

In order to explain the rising cost of higher education, economist Howard Bowen in 1980 proposed his "famous law" of institutional finance. Bowen based his "revenue theory of cost" on a study of aggregate quantitative data extending from 1929 to 1979. Neither he nor subsequent economists asked whether or how that…