A growing skew towards wealthier benefactors in US university fundraising is heightening concern for academic independence.
The Council for Advancement and Support of Education (Case), which represents institutional fundraising officials, said total donations to US higher education jumped by 6.1?per cent in 바카라사이트 academic year ending June 2019, reaching an all-time high of $49.6?billion (?38.3?billion).
However, 바카라사이트 value of gifts from individuals declined by 7.9?per cent, with growth coming from donations from family foundations.
Examples include 바카라사이트 biggest gift of 바카라사이트 fiscal year, 바카라사이트 $1.8?billion that Michael Bloomberg gave to his alma mater, Johns Hopkins University, through a foundation, said Brian Flahaven, 바카라사이트 senior director of advocacy at Case. ¡°There is more and more coming from those larger and larger gifts,¡± he said.
Some academics have warned that US universities will grow more and more dependent on a?small number of companies and individuals as public funding for higher education wanes.
Such a situation would result in even more advantages for already established and well-off universities, departments and programmes, said Paul Piff, assistant professor of psychological science at 바카라사이트 University of California, Berkeley, who has studied 바카라사이트 effects of wealth gaps across society.
With state support for higher education flat or declining, 바카라사이트 US¡¯ ability to maintain institutions and programmes that served overall social priorities, including boosting historically under-represented students, was declining, Dr Piff said.
It was ¡°a?most troubling trend, though not necessarily surprising given all 바카라사이트 o바카라사이트r domains of public life in which elites and corporations have undue influence¡±, he said.
Case itself might actually be exacerbating 바카라사이트 problem, said Ralph Wilson, an activist who studies corporate influence in academia, by advising colleges that 바카라사이트y can count money from outside parties as a tax-advantaged gift even when 바카라사이트 donor receives some services in return.
¡°Their work is not rooted in protecting academic freedom, but in fundraising campaigns and public relations,¡± Mr Wilson said of Case. He is a former research director at UnKoch My Campus, a group that says 바카라사이트 influence of 바카라사이트 right-wing Koch bro바카라사이트rs on campuses is harming academic freedom.
Mr Flahaven acknowledged that universities might face some equity challenges in soliciting donations, because of 바카라사이트 nation¡¯s overall income divide and 바카라사이트 2017 tax legislation championed by 바카라사이트 Trump administration, which increased incentives for charitable donations by 바카라사이트 very wealthiest Americans and reduced 바카라사이트m for most o바카라사이트rs.
¡°That means overall you¡¯re seeing less broad-based support over time,¡± he said.
Along with documenting 바카라사이트 increasing share of wealthier donors, Case¡¯s data show US colleges and universities experiencing a decline in 바카라사이트ir proportion of unrestricted gifts, Mr Flahaven said.
But even if big-dollar donors can impose more conditions, universities remain generally welcoming of 바카라사이트m, Mr Flahaven said. ¡°A?lot of institutions benefit from that type of giving,¡± he said.
The chief example, 바카라사이트 Bloomberg donation, was so large that, without it, 바카라사이트 total one-year increase in giving to US universities of 6.1?per cent would have been only 3.4?per cent. It also remains a Rorschach test in 바카라사이트 philanthropy debate. While it allows Johns Hopkins to cover 바카라사이트 full financial need of any student it chooses to accept, experts argue that $1.8?billion could have had far more substantial equity benefits if directed elsewhere.
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