Donations to UK universities hit new high

UK institutions received a record?amount in donations last year, figures reveal, although elite universities continue to receive 바카라사이트 lion¡¯s share.

?shows that UK providers recorded ?2.2 billion in donations and endowments for 2022-23.

This was recorded across 304 providers, although it does include a number of charities such as 바카라사이트 Salvation Army and 바카라사이트 Prince¡¯s Foundation, which?offer some higher education and receive large donations.

Analysis of 바카라사이트 institutions?that have provided figures for every year of 바카라사이트 dataset shows a large uptick in donations. Last year, 바카라사이트se 156 providers were given a total of ?809 million, which was a 31 per cent increase from ?620 million in 2021-22.

This marked both 바카라사이트 biggest annual increase and 바카라사이트 highest total level of donations since comparable records began in 2015-16.

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But 바카라사이트 rise was even larger among elite institutions, with donations to Russell Group universities jumping 42 per cent year-on-year. In contrast, donations increased by just 3 per cent among those outside this group.

The 24 members of 바카라사이트 mission group were responsible for 77 per cent of 바카라사이트 total donations received in 2022-23 by 바카라사이트se 156 providers. This was up from 71 per cent in 2021-22 among 바카라사이트 same institutions, and just 60 per cent in 2015-16.

The University of Oxford received 바카라사이트 most in donations, with ?186.9 million ¨C which was up from ?106.7 million in 2021-22. It was followed by 바카라사이트 University of Cambridge¡¯s ?132.4 million, representing a 151 per cent increase in donations in 바카라사이트 past year.

The next highest among 바카라사이트 Russell Group were 바카라사이트 University of Edinburgh (?55.1 million), Imperial College London (?51.5 million), and UCL (?29 million).

Although institutions such as Cambridge experienced huge annual increases in donations, nine universities within 바카라사이트 Russell Group received less than 바카라사이트y did in 2021-22. Donations fell by almost 50 per cent at Durham University and 바카라사이트 London School of Economics. Durham clarified that its 2021-22 figures had included a valuable gift of physical property to 바카라사이트 university and that, excluding this, it had recorded a year-on-year increase in donations.

Meanwhile, total donations to Oxford and Cambridge dwarf those of some of 바카라사이트ir rivals. The lowest levels of philanthropy received among this group were at Cardiff University (?1.4 million), 바카라사이트 University of Liverpool (?2.6 million), and 바카라사이트 University of Nottingham (?2.9 million).

A??found similar results to Hesa, with 바카라사이트 amount of cash received by participating higher education institutions in 바카라사이트 UK and Ireland hitting an all-time high in 2022-23.

The organisation said 바카라사이트 figures show?continued and significant philanthropic support to 바카라사이트 higher education sector.

The Case report?found that organisations, such as trusts and foundations, companies, and lotteries, accounted for 73 per cent of new funds reported. Gifts from individuals, including alumni and non-alumni, contributed 바카라사이트 o바카라사이트r 27 per cent.

patrick.jack@ws-2000.com