New funds received remain steady, resulting in
the highest historical level for the second year running, according
to the 2022-23 CASE Insights on Philanthropy (United Kingdom and Ireland) survey results
LONDON, May 9, 2024 /PRNewswire/ -- The CASE
Insights on Philanthropy (United
Kingdom and Ireland)
2022-23 report, released today by the Council for Advancement and
Support of Education (CASE), finds that funds (cash) received by 92
participating higher education institutions in the UK and
Ireland hit an all-time high of
£1.37 billion in the survey year ending 31
July 2023. New funds committed for university use totalled
£1.43 billion, fractionally down (3.5%) from the previous year.
These giving totals demonstrate continued and significant
philanthropic support to the higher education sector.
"It is heartening to see such a significant level of
philanthropic support for higher education in the UK and
Ireland despite uncertain and
challenging times," says Sue
Cunningham, President and CEO of CASE. "The ongoing
fundraising successes in the region can be attributed to the
thoughtful partnership between academic leaders, advancement
professionals and philanthropists who share a common vision and
passion for advancing education to transform lives and
society."
"Philanthropy provides welcome funding - and outstanding
potential for growing income - to a sector which is facing rising
cost bases and flattening income streams," adds TJ
Rawlinson, member of the Editorial Committee for the CASE Insights
on Philanthropy (United Kingdom
and Ireland), and Director of
Development and Alumni Relations, Cardiff University. "A rising tide has the
potential to float many boats, even the smallest ones."
The report's data insights include:
New funds committed: Organisations, such as trusts and
foundations, companies, and lottery, are the primary sources of
philanthropic support to the sector, accounting for 73.0% per cent
of committed funds reported in 2023. Gifts from individuals,
including alumni and non-alumni, contributed 27.0% of new funds.
While individuals (both alumni and non-alumni) accounted for 94.4%
of total donors, the number of alumni donors has continued to
decline, down 1.3% compared to the previous year.
The number of institutions raising more than £20 million each in
new funds committed has remained the same as the 2021-22 reporting
period, an all-time high of 12 institutions. Ten institutions
received funds ranging from £10 to £19.9 million, and 14
institutions received between £5 and £9.9 million. Amongst 66
institutions that provided data, 232 donors made gifts or pledges
of £500,000 or more during 2022–23 (excluding Oxbridge
institutions).
Funds received: The average funds received increased by
25.1% from the previous year. For 2022-23, 40.0% of the average
funds received were given by individuals, and 60.0% originated from
organisations. The majority (59.8%) of the total funds received
were for restricted current use, followed by 17.2% for capital
purposes (including property, buildings, and equipment), 15.1% for
endowments, and the remaining 7.8% for unrestricted current
use. The total funds received from legacy donations totalled £134
million in 2022-23.
"These outcomes reflect deep engagement and a commitment to
long-term institutional investment in delivering advancement
programmes that are professional and
accountable. continues Cunningham. "All of our CASE
Insights research demonstrates that the institutions that are most
successful in philanthropic engagement are those where there is a
consistency of leadership and an innovative and tailored approach
to genuine stakeholder engagement."
"It is pleasing to see the Survey participation rise this
year. Contributions from both newcomers and returning institutions
are warmly welcomed," says Rawlinson,
"Participation matters hugely: using a comprehensive data
set from across the sector, CASE Insights can best analyse and
understand sector trends, and identify best practice. We learn from
each other, and we better understand how to bring the impact of
university research and education to life for our donors and
friends."
The CASE InsightsSM on Philanthropy
(United Kingdom and Ireland) survey, formerly the CASE-Ross
survey, is the definitive source of data about philanthropic
support for nonprofit and public higher education institutions in
the U.K. and Ireland. CASE, now in
its 50th year of supporting advancement professionals, is dedicated
to building recognition of the importance of philanthropic support
and demonstrating strategic impact, and the difference such support
makes to recipient institutions and the many thousands of lives
touched by them.
About CASE
CASE—the Council for Advancement and Support of Education—is a
global, not-for-profit membership association with a vision to
advance education to transform lives and society.
CASE is the home for advancement professionals, inspiring,
challenging, and equipping them to act effectively and with
integrity to champion the success of their institutions. CASE
defines the competencies and standards for the profession of
advancement, leading and championing their dissemination and
application with more than 97,000 advancement professionals at over
3,000 member institutions in more than 80 countries.
Broad and growing communities of professionals gather under the
global CASE umbrella. Currently, these include alumni relations,
advancement services, communications, fundraising, government
relations, and marketing. These professionals are at all stages of
their careers and may be working in universities, schools,
colleges, cultural institutions, or other not-for-profits. CASE
uses the intellectual capital and professional talents of a
community of international volunteers to advance its work, and its
membership includes many educational partners who work closely with
the educational sector.
CASE InsightsSM is CASE's global resource for
educational advancement-related metrics, benchmarks and analytics.
Specialised CASE InsightsSM data, standards, and
research enable members to make data-informed decisions,
demonstrate strategic impact, and highlight success stories, whilst
adhering to the ethical practices of the advancement profession.
For more information, visit www.case.org/case-insights.
The CASE InsightsSM on Philanthropy
(United Kingdom and Ireland) survey collects detailed information
about gift revenue, fundraising costs, and donors to measure the
philanthropic performance of universities. In 2023, CASE and More
Partnership joined forces to analyse a decade of fundraising trends
within the UK higher education sector and offer recommendations for
the future. Among a range of sources, the CASE-More UK Philanthropy
Report was informed by ten years of data from the annual CASE-Ross
survey, the previous name of the CASE Insights on Philanthropy
(United Kingdom and Ireland) survey, alongside interviews with
leading practitioners, influencers and philanthropists.
Headquartered in Washington,
D.C., CASE works across all continents from its regional
offices in London, Singapore, and Mexico City to achieve a seamless experience
for all of its stakeholders, particularly its members, volunteers,
and staff. For more information, visit www.case.org.
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