Still A Charity Case
Career College Central summary:
Americans are donating more money to higher education than they were before the recession, a comprehensive report on charitable giving suggests.
The report, which the Giving USA Foundation released Tuesday, indicates that Americans donated a record $52.07 billion to education in 2013. Adjusted for inflation, this figure marks a 7.4 percent increase over 2012.
The foundation enlisted Indiana University’s Lilly Family School of Philanthropy to write and research its report. Una Osili, the director of research at the Lilly School, estimated that “60 to 70 percent” of dollars donated to education went to higher education. The education category also includes gifts made to K-12 causes, afterschool programs, charter schools and public schools (such as Mark Zuckerberg’s recent $120 million gift to Bay Area public schools, which will factor into next year’s report).
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