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Donors gave $58 billion to higher ed in the 2023 academic year, with mega gifts up despite overall decline

  • Written by Genevieve Shaker, Associate Professor of Philanthropic Studies, Lilly Family School of Philanthropy, Indiana University
Donors gave $58 billion to higher ed in the 2023 academic year, with mega gifts up despite overall declineJim Simons and his wife, Marilyn Hawrys Simons, made a historic gift to Stony Brook University in 2023.Roy Rochlin/Getty Images

Charitable giving to colleges and universities fell 5% in inflation-adjusted terms to US$58 billion in the 2023 academic year, according to the latest Voluntary Support of Education survey from the Council for Advancement...

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