Education

The Age of Diminishing Endowments
June 9, 2009

June 6, 2009, New Haven, Conn., The Wall Street Journal — Richard Levin, the longest serving president in the Ivy League, had enjoyed a charmed run at Yale. In his first 15 years Yale's endowment notched up the best returns of any university's, and its innovative investment strategy became a model for many others. Mr. Levin rode the bull market to restore morale, launch a building spree, and strengthen the school in sciences and internationally. Yale dollars even spruced up shabby New Haven.

PepsiCo Foundation Provides $1 Million To Purchase College To Expand Opportunities For Diverse Students From Community Colleges
June 8, 2009

PURCHASE, N.Y., June 1, 2009 — The PepsiCo Foundation has awarded a five-year, $1 million grant to the Purchase College Foundation for the Baccalaureate and Beyond Center at Purchase College. The Center, serving students studying the liberal arts, was established by Purchase College to expand educational opportunities for a wider and a more diverse number of students from community colleges. With this funding, students will be able to complete their associate studies and attain baccalaureate degrees.

Record-Breaking Year Leads to $50 Million for U.S. Schools Through Box Tops for Education
June 8, 2009

Minneapolis, Minn., June 8, 2009 — U.S. schools ended a record-breaking 2008-2009 year by redeeming a staggering $50.6 million in Box Tops coupons, an increase of 19 percent from last school year. The achievement gives school supporters 300 million reasons to celebrate as Box Tops for Education announced today that parents, teachers and community members have reached a new milestone, earning $300 million to support education since the popular fundraising program's launch in 1996. The cash earned through the program helps fill gaps in school budgets, funding essential items such as computers, books, supplies and uniforms.

Datatel and HEP Partner to Help Colleges and Universities Increase Donations
June 4, 2009

FAIRFAX, Va., June 4, 2009 — Datatel, Inc. today announced that it has signed a partner agreement with HEP Development Services to help higher education institutions boost monetary donations by coupling individual donors with affiliated corporations that will match or increase their contribution. By using HEP’s E-Match™ – a link installed on the institution’s website giving page – donors can verify instantly whether their gift can be matched, and will be provided with “how to” instructions and a link for downloading the applicable matching forms.

Dartmouth Joins Harvard, Princeton in Tapping Credit Markets
June 4, 2009

June 3, 2009, Bloomberg — Dartmouth College, alma mater of former U.S. Treasury Secretary Henry M. Paulson Jr. and General Electric Co. Chief Executive Officer Jeffrey Immelt, sold $250 million of 10-year notes, according to data compiled by Bloomberg.

Fresno State Seeks $200 Million in Fundraiser
June 3, 2009

June 2, 2009, The Fresno Bee — California State University, Fresno, has launched the public phase of an ambitious $200 million fundraising campaign -- the largest formal effort in university history.

Carnegie, Gates, Hewlett Foundations Unite to Tackle Roadblocks to Student Success
June 3, 2009

June 3, 2009 — The Carnegie Foundation for the Advancement of Teaching, the Bill & Melinda Gates Foundation and The William and Flora Hewlett Foundation announced a $2.5 million investment to identify promising strategies to dramatically improve college success rates, especially among those students least prepared for college-level work.

Sheridan College Raises $37 Million; Smashes Fundraising Goal by Over $7 Million
June 3, 2009

OAKVILLE, ON, June 3, 2009 — Sheridan College closed off an ambitious
three-year fundraising campaign by smashing through its goal of $30 million
and raising $37 million for its campuses in Oakville and Brampton. The Student
Capital Campaign was launched in 2006 with the goal of raising funds to meet
the space and technology demands of Sheridan's growing student body.

Alum Gives School Record $6 Million to Kean University
June 2, 2009

June 2, 2009, Star-Ledger - Maxine Lane learned her frugality during the Great Depression, when she started paying for her own clothes as a 5-year-old in rural Arkansas. Earlier this month, the shrewd shopper pounced on what she calls her "best bargain" yet: Kean University scholarships, for just $6 million.