Young Alumni Donations to a Selective Liberal Arts College: Who Gives?

47 Pages Posted: 22 Jun 2013

See all articles by Alison F. Del Rossi

Alison F. Del Rossi

Saint Lawrence University - Department of Economics

Todd M Loffredo

Saint Lawrence University

Date Written: October 7, 2011

Abstract

We examine the factors behind young alumni donations to a selective liberal arts college. Coming from a wealthier background and having less financial need increases giving, but there is no definitive pattern to the effect of differing financial aid on giving. Alumni who majored in economics or government, studied abroad, were 4-year athletes, were members of the Greek system, or had higher GPA’s, contribute more. Students with closer connections to the institution as alumni (living closer, marrying a fellow alum, or through employment) are larger contributors. International and minority American graduates donate less. Giving is higher in key reunion years. A better academic ranking or higher endowment per student leads to lower giving, while athletic team success has little effect. These findings can assist college administrators in their solicitation of donations from alumni and in determination of which programs to protect or enhance during times of budget cutbacks.

Keywords: higher education finance, alumni donations, altruism

JEL Classification: I22, D64

Suggested Citation

Del Rossi, Alison F. and Loffredo, Todd M, Young Alumni Donations to a Selective Liberal Arts College: Who Gives? (October 7, 2011). Available at SSRN: https://ssrn.com/abstract=1940632 or http://dx.doi.org/10.2139/ssrn.1940632

Alison F. Del Rossi (Contact Author)

Saint Lawrence University - Department of Economics ( email )

One Romoda Drive
Canton, NY 13617
United States

Todd M Loffredo

Saint Lawrence University ( email )

One Romoda Drive
Canton, NY 13617
United States

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