Giving to U.S. educational institutions grew 5.1 percent during the academic year that ended June 30, 2015, a survey by the finds.
A semi-annual survey of senior fundraising professionals at more than seventeen hundred member institutions, including four-year public and private colleges and universities, community colleges, and private independent elementary and secondary schools nationwide, the CASE Fundraising Index found that estimates for total giving to those institutions was up an average of 5.1 percent on a year-over-year basis, slightly below the 5.4 percent predicted by survey respondents at the beginning of the 2014-15 academic year. Estimates by fundraisers at institutions of higher education averaged 4.9 percent, while those at private independent schools averaged 5.9 percent.
Looking at the current academic year, survey respondents predict giving to increase 6.2 percent, with fundraisers at institutions of higher education predicting an average increase of 6.7 percent and those at public universities and community colleges forecasting increases of 8.3 percent and 9.2 percent. Fundraisers at private independent schools expect to see an increase of 5.0 percent.
"Overall, giving to education remained steady during the 2015 academic year although independent schools saw better-than-predicted growth in the academic year," said CASE president Sue Cunningham. "Going forward, it's encouraging to see educational fundraisers from all institutions optimistic about giving in the coming year."