Updated: Now with links to expert analysis and insight in the comments section.
The Council for Advancement and Support of Education (CASE) Europe have compiled its latest annual report on the state of university fundraising.
In 2017/18, universities have raised more than £1bn following a slight dip in donations last year (up 11% £976m to £1.08bn).
Universities have claimed that fundraising will play a more important role than ever as the sector looks to navigate a number of financial challenges over the coming 12 months.
President and CEO of CASE, Sue Cunningham, said:
“I am pleased for CASE to release this important snapshot into philanthropy across higher education in the United Kingdom and Ireland. Philanthropy represents an increasingly vital resource for higher education, particularly in uncertain times.
“This philanthropic support translates into scholarships for students, investment in research, and thoughtful engagement with communities across all institutions in the survey.”
Other highlights from the 2019 Ross-CASE survey and report include:
- Reported levels of fundraising have increased from £350m secured by 75 universities in 2004/05 to £1.08bn secured by 100 universities in 2017/18
- For the first time on record a university has crossed £300m threshold for new funds secured in a single year
- The average value of an institutions largest pledge was £2.39m (up from £1.87m in 2016-17)
- Of the £1.08bn, total new funds from top three largest pledges contributed to £353m (£311m in 2016-17 of £976m)
- Cash income from legacies has increased by 19% (following a decrease of 11% from 2015-16 to 2016-17)
CASE have created an interactive infographic to help visualize the result, which you can see by clicking the link below: