U.S. Fundraisers Predict Growth in Education Giving for 2012-13
Fundraisers for schools, colleges and universities in the United States estimate that giving to education grew 4.9 percent during the academic year that ended June 30, 2012. Looking ahead, they predict further growth of 5.9 percent for the academic year that began July 1.
These results are from the most recent CASE Fundraising Index, a survey of fundraisers at educational institutions in the United States.
CASE President John Lippincott said the 5.9 percent predicted for the forthcoming 2012-13 academic year slightly exceeds the 20-year average of 5.8 percent.
« These are some of the most optimistic predictions we’ve received from fundraisers since the great recession, » he added. « If they hold true, giving will have reached or exceeded pre-recession records when the books are closed on 2011-12 and will rise to a new record in 2012-13. »
Lippincott noted that fundraisers at public colleges and universities, who predicted a 5.1 percent increase for 2011-12 and a 6.5 percent increase in 2012-13, were more optimistic than their counterparts at private institutions, who estimated increases of 4.4 percent for 2011-12 and 6.1 percent for 2012-13. He said fundraisers affiliated with two-year institutions were the most consistently optimistic.
The CASE Fundraising Index, or CFI, is conducted twice a year and asks fundraising professionals to estimate the level of charitable giving to their institutions for the 12-month period just ended and to predict the level for the 12 months ahead.
Lippincott stressed that CFI percentages are averages and that performance at individual institutions will vary based on a variety of factors, such as the maturity of the fundraising program and whether or not the institution is in a campaign.