The value of charitable donations received by UK universities is reported to have reached a record-breaking £774m in 2011-12, a rise of 14% on the year before and of 33% since 2009-10. These are the results of the latest Ross-CASE Survey report by the National Centre for Social Research.
Overall, the survey indicated a large variation in fundraising between institutions, with just six universities securing £20m or more in new funds and 62 securing less than £500,000.
The proportion of addressable alumni who donate to UK universities has remained under 2% for a number of years. The number of alumni donating has risen marginally in 2011-12 but we are still a long way from catching up with the US, where 10% of alumni reportedly donate. However, the consistently upward trends in philanthropic giving to higher education should be welcome news for all in the sector.