Education

Colleges Get Mysterious Millions
April 17, 2009

DES MOINES, Iowa, The Associated Press — A mystery is unfolding in the world of college fundraising: During the past few weeks, at least nine universities -- including two in North Carolina -- have received gifts totaling more than $45 million, and the schools had to promise not to try to find out the giver's identity.

In Tough Time, University of Michigan Pushes Forward With Fundraising Efforts
April 16, 2009

April 15th, 2009, Michigan Daily — Facing an economy filled with tight wallets and the word recession in the air, many colleges across the country are cutting back on their fundraising and development staffs. But in an interview yesterday, Vice President for Development Jerry May said the University isn’t following the trend.

Colleges Ask Donors to Help Meet Demand for Aid
April 16, 2009

April 16, 2009, The New York Times — Faced with one of the most challenging fund-raising environments anyone can remember, colleges and universities are appealing to donors to help meet the swelling demand for financial aid.

Broad Foundation Awards $2.5 Million in New Grants to Expand Premier Public Charter Schools in New York City
April 13, 2009

NEW YORK, April 9, 2009 — Two of New York City’s highest-performing nonprofit, public charter school management organizations – Uncommon Schools and the Success Charter Network – will receive a total of $2.5 million to fund schools that provide a high quality public education for thousands more city students, The Eli and Edythe Broad Foundation announced today.

The Michael & Susan Dell Foundation Awards $6,000,000 in Scholarships to 300 Graduating Seniors
April 10, 2009

AUSTIN, Texas, April 10, 2009 — As part of a scholarship program unique in the type of students it supports and its retention rates that far exceed the national average, the Michael & Susan Dell Foundation's Dell Scholars Program today awarded 300 students with $6,000,000 in college scholarship funds. To date, the Dell Scholars Program has awarded 1,250 scholarships and paid out $25 million in scholarship funds.

NEF Offers $180 Million Matching Grant to Schools
April 9, 2009

ALEXANDRIA, Va., April, 9, 2009 — Dr. Appu Kuttan, Chairman of the National Education Foundation (NEF), the national nonprofit leader in bridging the digital and academic divides, announced today a nationwide $180 million matching grant initiative for schools.

Montclair State Receives Largest Anonymous Gift in its History
April 8, 2009

April 8, 2009 — Montclair State University has been the recipient of the largest anonymous gift in its history. The University was presented with a surprise $5 million gift by a representative of the donor late last week. Most of the funds are designated for scholarships for women and minorities. The University has absolutely no information about the identity of the donor, but the representative of the donor is from a bona fide and substantial organization.

Princeton Endowment May Fall by 30 Percent
April 8, 2009

Princeton, N.J., April 7, 2009, The Daily Princetonian — Revised projections that the University endowment will lose 30 percent of its value by the end of this fiscal year have forced administrators to cut next year’s budget by $88 million, President Tilghman announced in an e-mail to the campus community Monday morning.