Image: Philanthropic giving to higher education increased by 12.5 percent last fiscal year to a total of $59.5 billion, the highest year-over-year increase since 2000, according to the latest Voluntary Support of Education survey from the Council for Advancement and Support of Education. In fiscal 2021, giving rose 7 percent, and the previous year it declined slightly, by less than 1 percent. The contributions went mostly to restricted endowments, primarily to fund scholarships, and...
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