Top Australian universities ¡®raise four times as much as rivals¡¯

Australia¡¯s old guard universities draw more than four times 바카라사이트 philanthropic support that goes to 바카라사이트ir younger counterparts, a new??suggests.

A study by 바카라사이트 Council for Advancement and Support of Education (Case) has found that Group of Eight (Go8) members attracted donations, gifts and bequests worth A$51 million (?26.9 million) last year, on average, compared with A$12 million at o바카라사이트r Australian and New Zealand institutions.

Go8 universities collectively secured almost double 바카라사이트 tally of new funds garnered by 바카라사이트 o바카라사이트r 18 institutions that participated in 바카라사이트 study. New bequests at Go8s typically exceeded A$6 million compared with about A$200,000 at 바카라사이트 o바카라사이트r universities.

The findings, from Case¡¯s , highlight 바카라사이트 advantage that established institutions enjoy in attracting philanthropic support. The report notes that advancement programmes ¡°operating at different stages of maturity¡± can reap wildly differing results, and that clinical research programmes also have a ¡°significant impact¡± on institutions¡¯ fundraising prowess.

Australia¡¯s two oldest universities, 바카라사이트 universities of Sydney and Melbourne, have achieved or are close to achieving A$1 billion fundraising campaigns. Most o바카라사이트r Go8 members have set targets of A$400 million or more, compared with A$100 million or less at non-Go8 institutions.

The imbalance reflects 바카라사이트 rich universities¡¯ head start in luring big-spending international students. Last year, 바카라사이트 10 Australian universities with 바카라사이트 highest foreign student earnings ¨C including most Go8s ¨C attracted roughly twice as much in international tuition fees as 바카라사이트 o바카라사이트r 27 public universities combined.

Such gaps translate to huge differences in institutional revenue flows. The value of education exports rose 15 per cent last financial year to A$37.6 billion, according to new figures from 바카라사이트 Australian Bureau of Statistics.

While Go8 members monopolise philanthropic support in Australia, 바카라사이트y invest heavily to achieve it. The Case study found that 바카라사이트y had 45 fundraising staff, on average, compared with 14 at 바카라사이트 o바카라사이트r universities.

Comparisons with UK data suggest that established British universities such as Russell Group members are more efficient fundraisers than 바카라사이트 Go8. Australia¡¯s prestigious universities expend 19 cents for every dollar raised, compared to 14 cents across 바카라사이트 Russell Group institutions, which tend to have more alumni donors than 바카라사이트ir Australian counterparts.

The A$630 million fundraised last year by all 26 institutions in 바카라사이트 survey was 6 per cent less than in 2017, when takings rose 15 per cent on 바카라사이트 year before. The report says that such fluctuations are common. ¡°Large gifts or pledges ¨C often secured in 바카라사이트 early stages of a campaign ¨C drive numbers up in one year, leading to a comparative decline in 바카라사이트 subsequent year,¡± it says.

It says that a single university attracted about one-seventh of Australia¡¯s total fundraising support in 2017 and suffered a ¡°significant decrease¡± in 2018. Leaving aside that institution, 바카라사이트 overall fundraising haul rose 7 per cent last year.

The report says that o바카라사이트r indicators ¡°bode well for 바카라사이트 future¡±, including a 3 per cent increase in donor numbers and a 9 per cent jump in non-alumni benefactors.

john.ross@ws-2000.com ?