Institutional Fundraising, Higher Education Institutions

  • Noah D. DreznerEmail author
Living reference work entry
DOI: https://doi.org/10.1007/978-94-017-9553-1_588-1

Synonyms

Philanthropy; Development; Advancement

Institutional fundraising is the practice of asking for voluntary financial support of higher education. At some colleges and universities, fundraising is known as development or institutional advancement. While many educational institutions around the world were founded with the generosity of church leaders, royalty, and other donors, systematic philanthropic giving and fundraising towards higher education, up until relatively recently, were solely an American phenomena. However, there has been significant growth around the world in number of countries that are encouraging such support of institutions (Drezner 2019).

According to philanthropic studies scholar Peter Dobkin Hall (1992), “No single force is more responsible for the emergence of the modern university in America than giving by individuals and foundations” (p. 403). Further, The Council for Financial Aid to Education (CFAE 1973) argued that philanthropy “elevate[d American...

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Copyright information

© Springer Nature B.V. 2019

Authors and Affiliations

  1. 1.Teachers College, Columbia UniversityNew YorkUSA

Section editors and affiliations

  • Bjørn Stensaker
    • 1
  1. 1.Department of EducationUniversity of OsloOsloNorway