Articles on Higher ed giving

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University of Michigan star forward Yaxel Lendeborg revealed that he’d been offered millions of dollars to transfer to another school. Gregory Shamus/Getty Images

The nonprofit status of NCAA athletic departments is starting to raise questions

In an era of billion-dollar TV deals and million-dollar payments to players, the tax code continues to treat university athletic departments as organizations that promote education and amateur sports.
Paul Newman, the late actor and philanthropist, co-founded Camp Boggy Creek, which children with serious illnesses and their families attend for free. AP Photo/Phelan M. Ebenhack

Charitable giving grew to $593B in 2024, propelled by a strengthening US economy and a booming stock market

Giving to nonprofits engaged in education, health, arts, culture and humanities, the environment, and animals reached all-time highs.
Mike Bloomberg speaks at the Global Renewables Summit in September 2024. Bryan Bedder/Getty Images for Bloomberg Philanthropies

Gifts from top 50 US philanthropists rebounded to $16B in 2024 − Mike Bloomberg; Reed Hastings and Patty Quillin; and Michael and Susan Dell lead the list of biggest givers

Three philanthropy scholars size up the latest data on gifts from the country’s biggest philanthropists.
A ‘divest from death’ banner at a University of Oregon protest against the Israel-Hamas war on April 29, 2024. AP Photo/Jenny Kane

Divesting university endowments: Easier demanded than done

Divestment from Israel may violate state laws – at least for public institutions. Private universities with large endowments may face other obstacles.
Microsoft co-founder Bill Gates and his ex-wife, Melinda French Gates, gave their foundation $15 billion right before their divorce became final. Ludovic Marin/AFP via Getty ImagesLudovic Marin/AFP via Getty Images

The 50 biggest US donors gave or pledged nearly $28 billion in 2021 – Bill Gates and Melinda French Gates account for $15 billion of that total

Three scholars weigh in regarding the priorities of these wealthy American donors, who gave less to social service and racial justice groups than in the first year of the COVID-19 pandemic.
Attorneys George E.C. Hayes, left, Thurgood Marshall, center, and James M. Nabrit, all HBCU grads, successfully sought to defeat school segregation in court. AP Photo

MacKenzie Scott’s HBCU giving starkly contrasts with the approach of early white funders of historically Black colleges and universities

When white philanthropists made large gifts to these schools in the 19th century and early 20th century, many insisted upon a vocational focus for Black higher ed.
Jeff Bezos and MacKenzie Scott, seen here before they divorced in 2019, were the top two U.S. charitable donors the following year. Jorg Carstensen/dpa/AFP via Getty Images

What the $25 billion the biggest US donors gave in 2020 says about high‑dollar charity today

While support for social services and historically black colleges and universities rose sharply, these donors spent a tiny fraction of what the government distributed to people who needed help.

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