Report Notes Sharp Rise in Giving to Education in 2013

By Don Troop. Charitable gifts to colleges and other educational institutions rebounded in 2013 thanks to a recovering economy, a booming stock market, and the cultivation of major donors, says a new report by Blackbaud, a company that makes fund-raising technology. Overall gifts to education rose 6.5 percent in 2013, and online giving to education was up 14.4 percent, says the “Charitable Giving Report.” Giving to charities of all kinds grew an average of 4.9 percent, while online giving grew 13.5 percent, the report says. More...