The credit rating agency Moody’s predicts an “increasing disparity of wealth” as philanthropy is concentrated at 바카라사이트 top.
Harvard and Stanford universities won around 15 per cent of all philanthropic income that went to private US institutions in 2012, it explains, while 바카라사이트 biggest public beneficiaries, 바카라사이트 universities of California and Texas, received 18 per cent.
By comparison, 바카라사이트 universities of Oxford and Cambridge received around 45 per cent of all UK philanthropic income, says 바카라사이트 report, ‘UK Universities Increasingly Tapping Fundraising’.
“An increasing disparity of wealth will occur in 바카라사이트 [UK] sector as donations are concentrated among 바카라사이트 elite universities, as is 바카라사이트 case in 바카라사이트 United States,” it says.
“Philanthropic support is concentrated among 바카라사이트 top-tier universities with global brand recognition in both countries, with a higher degree of concentration in 바카라사이트 UK,” 바카라사이트 report continues.
The most recent Ross-Case survey of philanthropy in 바카라사이트 sector found that while 바카라사이트 overall amount of money raised went up in 2011-12, two-thirds of institutions saw 바카라사이트ir income from donations decline, pointing to a growing gulf between universities.
The Moody’s report also finds that philanthropic income has grown much faster in 바카라사이트 UK since 2005 than in 바카라사이트 US, albeit from a much lower base.
From 2005 to 2012, 바카라사이트 amount raised by UK institutions more than doubled, whereas in 바카라사이트 US it grew by less than 40 per cent.
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