For small, private institutions, the real estate pooled income fund can be ideal for constructing new facilities, especially if the facility will produce revenue. Even a public or well-endowed private institution may have a unique project for which a pooled income fund may be a nontraditional funding solution. (MSE)

College development officers are encouraged to assess a prospective donor's contacts, interest, and ability to give to the institution, and are offered a number of formulas for determining the solicitation amount. They include formulas based on prior giving, net worth (income, stock holdings, real estate), and assets (income, liquid assets, real…

The life estate gift annuity program, which can benefit both the donor and the institution of higher education, is explained; the legal aspects are discussed; and the potential advantages and disadvantages to both parties are outlined. (MSE)

Under existing laws, the federal and some state and local agencies can hold current real estate owners liable for cleaning up property contaminated with hazardous wastes. This applies whether the property is purchased or comes as a gift. Schools should develop hazardous-gift policies and investigation procedures. (MSE)

The largest, and potentially most profitable partnership between educational institutions and the private sector is the large-scale real estate development, also know as the science park, the high-technology center, or the research and development park. Such partnerships have earned the adjective "entrepreneurial." (MLW)