CCS congratulates the UK higher education fundraising sector on the successes of 2015. The new Ross-CASE Report makes for very helpful reading for advancement professionals in the sector. Highlights include:
- Income grew from £807 million in 2013-14 to £860 million in 2014-15.
The mean income of the Russell Group (excluding Oxbridge) has for the first time exceeded £10 million per University per annum.
- There is a growing trend of larger donations, with 65 gifts of £1m+ made to third level institutions in 2015.
- Investment in fundraising continues to grow, totalling £93 million, up from £83 million.
CCS attributes 2015 results to the following trends:
- Vice-Chancellors and other university leaders are making more time for fundraising and working more closely with major donors and prospects.
- Universities are taking steps to ensure that their campaign priorities are in alignment with their long-term strategic objectives. Fundraising “wish lists” have been replaced by more urgent and compelling institutional priorities that increase competitiveness.
- A higher percentage of universities are conducting comprehensive campaigns and setting more ambitious activity benchmarks and financial goals, both domestic and international.
- Despite the challenges that continue to face the sector, CCS anticipates continued growth in higher education fundraising, especially six- and seven-figure investments for innovative scholarship programmes, cutting edge research initiatives and international partnerships.
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