Colorado College Working Paper No. 2008-05
27 Pages Posted: 8 Jul 2008
Date Written: July 8, 2008
In 2006, philanthropic giving to higher education institutions totaled $28 billion, with the top school receiving just under a billion dollars. Roughly fifteen percent of those funds came from alumni donations. This paper builds upon existing economic models to create an econometric model predicting the ever-more important pattern of alumni giving. We test the model using data from over 22,000 alumni at a private liberal arts college, and report on the probable profiles for annual fund donors and alumni willing and able to give major gifts.
Keywords: philanthropy, alum, donations, education financing
JEL Classification: I22, Z13
Suggested Citation: Suggested Citation
Lara, Christen and Johnson, Daniel K. N., The Anatomy of a Likely Donor: Econometric Evidence on Philanthropy to Higher Education (July 8, 2008). Available at SSRN: https://ssrn.com/abstract=1157052 or http://dx.doi.org/10.2139/ssrn.1157052