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Private Fundraising in Postsecondary Education

Private fundraising is the process of soliciting voluntary contributions from individuals, foundations, businesses, or other nongovernmental sources to supplement the revenue of the recipient public or private institution, for example, community college, college, or university. Fundraising from private rather than government sources for education is part of the broader concept of philanthropy. Other terms used in postsecondary education to describe the philanthropic process include development and institutional advancement. These terms refer to much more comprehensive approaches to supporting and growing the institution through activities beyond fundraising. This entry covers private fundraising in postsecondary education, focusing on its history, purpose, and magnitude; federal tax benefits; and the nature of the work involved.

Magnitude of Private Fundraising in Postsecondary Education

Voluntary contributions from private, nongovernmental sources to public and ...

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