PSE fundraisers optimistic about growth of giving

August 8, 2013

Fundraisers at US colleges and universities are optimistic about current and future giving, according to new data released by the US-based Council for the Advancement and Support of Education (CASE). Fundraisers estimate that financial giving increased by 7.1% for the 2012-13 academic year and they predict further growth of 6.2% for 2013-14. The 20-year average growth rate is 5.8%, indicating not only continued value placed on education by donors, but also a return to pre-recession levels of giving and growth. Giving to US PSE institutions peaked in 2007-08 at $31.6 billion before declining rapidly during the recession. 2011-12 saw amounts recover to $31 billion. CASE earlier reported that PSE foundations are increasing their fundraising goals, some by as much as triple. Chronicle of Higher Education | CASE News Release