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Donors gave $58 billion to higher ed in the 2023 academic year, with mega gifts up despite overall decline

By Genevieve Shaker, Associate Professor of Philanthropic Studies, Lilly Family School of Philanthropy, Indiana University
Charitable giving to colleges and universities fell 5% in inflation-adjusted terms to US$58 billion in the 2023 academic year, according to the latest Voluntary Support of Education survey from the Council for Advancement and Support of Education, or CASE.

Giving had reached an all-time high of $59.5 billion in the prior 12-month period. Although…The Conversation

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