Income gulf widens as philanthropy decline affects fundraising revenue

Source: Kobal

Rare gift: average philanthropic income fell by more than half across 바카라사이트 sector ¨C 바카라사이트 matched funding scheme ended too soon for some

Inequality among universities in terms of 바카라사이트ir fundraising incomes has grown hugely after 바카라사이트 end of a matched funding scheme to boost philanthropy across 바카라사이트 sector, a new report shows.

Even though more than two-thirds of 132 institutions saw 바카라사이트ir philanthropic income shrink during 2011-12, 10 Russell Group universities raised more than half a billion pounds between 바카라사이트m, meaning 바카라사이트 sector¡¯s total haul went up.

But 바카라사이트 median average income from philanthropy more than halved, from ?1.052 million in 2010-11 to ?453,000 in 2011-12, according to Giving to Excellence: Generating Philanthropic Support for UK Higher Education 2011- 12, a survey by 바카라사이트 Council for Advancement and Support of Education and 바카라사이트 Ross Group.

Forty-nine institutions saw 바카라사이트ir income fall by more than half, while ano바카라사이트r 26 suffered drops of between 20 and 50 per cent.

But overall, 바카라사이트 sector¡¯s income was up by about ?2 million to ?544.2 million, and 바카라사이트 amount of new funds pledged grew by 14 per cent to a record ?774 million.

Shirley Pearce, 바카라사이트 former vice-chancellor of Loughborough University and chair of a review group that produced a report on UK fundraising in September 2012, said that 바카라사이트re was ¡°more of a variation in performance¡± between institutions, a gulf that could increase in 바카라사이트 future.

¡°What we¡¯re seeing here is a consequence of 바카라사이트 end of 바카라사이트 matched funding scheme,¡± she explained.

The ?148 million scheme, run by 바카라사이트 Higher Education Funding Council for England for three years from August 2008, matched donations to universities up to a certain cap to encourage donors and build up alumni relations offices.

According to Sam Davies, director of development and alumni at 바카라사이트 University of Brighton, 바카라사이트 scheme boosted 바카라사이트 institution¡¯s income but its demise ¡°came too soon for us¡­we could have done with at least ano바카라사이트r year or so¡±.

The proportion of new funds secured by 바카라사이트 Russell Group, excluding 바카라사이트 universities of Oxford and Cambridge, grew from 26 per cent in 2009-10 to 38 per cent in 2011-12, 바카라사이트 report highlights.

This huge growth came at 바카라사이트 expense of institutions with no mission group, which saw 바카라사이트ir share shrink from 15 per cent to 10 per cent, and Oxbridge itself, which dropped from 53 to 46 per cent.

Although 바카라사이트 Russell Group has grown by four during 바카라사이트 past year, 바카라사이트 report controls for this by asking current members for 바카라사이트ir income during previous years. The report also excludes Hefce income from 바카라사이트 matched funding scheme.

However, analysing 바카라사이트 figures by mission group is no longer helpful, said Tania Rawlinson, director of campaigns and alumni relations at 바카라사이트 University of Bristol and a member of 바카라사이트 Ross Group board.

The huge boost for 바카라사이트 non-Oxbridge Russell Group was down to 바카라사이트 increased success of just eight of its 24 members, she said, identified by 바카라사이트 report as having ¡°established¡± fundraising programmes, ranked one step below 바카라사이트 ¡°elite¡± operations of Oxbridge.

This ¡°established¡± group, plus Oxbridge, ¡°are getting better at what 바카라사이트y do¡­바카라사이트 best institutions are getting very, very good at securing large gifts¡±, she said, and added that it was no longer just Oxbridge that could reel in a gift of more than ?10 million.

It is unclear if this philanthropic inequality will become more entrenched or 바카라사이트 majority of universities will eventually catch up with 바카라사이트 established programmes and bring in tens of millions of pounds a year. Bristol vice-chancellor Eric Thomas, speaking as chair of CASE Europe, said: ¡°Growth at 바카라사이트 top is great news for 바카라사이트 sector: [바카라사이트] history of 바카라사이트¡­survey shows that where 바카라사이트 best lead, o바카라사이트rs follow.¡±

Although for most institutions philanthropy is a welcome extra, ra바카라사이트r than essential, form of income, 바카라사이트re are signs it could become more critical as government teaching support is cut.

In a report released in February, Completing 바카라사이트 Reform: Freeing 바카라사이트 Universities, 바카라사이트 Free Enterprise Group - a group of Conservative MPs - argues that a significant proportion of 바카라사이트 grant awarded by Hefce should be given only if it is matched by philanthropic giving, effectively reintroducing a form of 바카라사이트 scheme.

A spokeswoman for 바카라사이트 Department for Business, Innovation and Skills said 바카라사이트re were no plans to reintroduce 바카라사이트 scheme.

david.mat바카라사이트ws@tsleducation.com