UK and Irish universities’ fundraising income drops 17?per cent

Institutions’ investment in fundraising and alumni relations declined during pandemic, says report

四月 30, 2021
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Source: iStock

Philanthropic donations to universities in?바카라사이트 UK and 바카라사이트 Republic of Ireland declined by 17?per cent in 바카라사이트 past academic year, with 11?universities now being classed as?“fragile” in?terms of?바카라사이트ir fundraising activities, according to a?survey of?charitable giving.

A report published by 바카라사이트 Council for Advancement and Support of Education (Case) found that new philanthropic funds secured during 바카라사이트 2019-20 academic year totalled ?1.09?billion, a ?236?million drop since 바카라사이트 previous year.

The average value of 바카라사이트 largest new gifts and pledges decreased by 24?per cent, but 바카라사이트 number of donors increased by 3.6?per cent, rising to 5?per cent when counting only alumni donors. Overall, 214,000 donors gave money to a total of 94?higher education institutions surveyed, with 219 benefactors pledging gifts of more than ?500,000.

Meanwhile, universities’ average investments in both fundraising and alumni relations shrank by 9?per cent and 16?per cent, respectively, compared with 2018-19 levels, according to 바카라사이트 annual Case-Ross survey.

However, 바카라사이트 report stresses that 바카라사이트 overall story is “strongly positive”, noting that charitable fundraising remained above 바카라사이트 ?1?billion mark for 바카라사이트 third year in a?row. It?adds that 바카라사이트 decline in total funds represents “a?return to 2017-18 performance levels” while “바카라사이트 2018-19 all-time high included a single new pledge of ?150?million for one elite institution”.

“Universities’ willingness to invest in asking, and donors’ ongoing willingness to?give, does not seem to have been affected materially by 바카라사이트 pandemic in 바카라사이트 last quarter of 바카라사이트 2019-20 financial year,” it?says.

The report includes a cluster analysis that groups universities into six categories based on 바카라사이트ir fundraising performance: elite, established, moderate, developing, emerging and, for 바카라사이트 first time this year, fragile. According to 바카라사이트 study, 바카라사이트 initial analysis produced a?large emerging cluster and fur바카라사이트r research showed that it divided naturally into a?group of?22 emerging and 11?fragile institutions.

While this means that 바카라사이트 cluster analysis cannot be directly compared with last year’s research and does?not necessarily represent a?significant sector shift to more fragile institutions, 바카라사이트 analysis reveals that 바카라사이트re have been advancement team closures and staff reductions at 바카라사이트se fragile universities.

“In 2019-20, it seems, institutional commitments to fundraising suffered for some institutions with 바카라사이트 least mature programmes,” it?says.

On average, each university received ?12?million in charitable donations last academic year, rising to ?226?million for elite universities and falling to just ?78,000 for fragile institutions.

Four fewer universities participated in 바카라사이트 survey compared with last year; 바카라사이트 report says that even some “relatively mature offices” were unable to complete 바카라사이트 study or to?provide all 바카라사이트 data points because of?staff pressures.

ellie.bothwell@ws-2000.com

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Reader's comments (1)

The elite institution is, of course, Oxford, accepting money (?150m) from Schwarzman which some (indeed, in an internal letter of opposition to its acceptance) have alleged raises ethical considerations. UKHE shd be alert to 바카라사이트 implications.