Foreign Gifts to U.S. Colleges and Universities: Why They Matter
Last month, the U.S. Department of Education announced the launch of an investigation into foreign gift reporting at several Ivy League institutions, extending the pool of institutions under the microscope. As president and CEO of the Council for Advancement and Support of Education, which supports professionals working in 82 countries to advance education through the building and engagement of their global communities, I find that the tenor of this announcement illustrates a lack of understanding of the value and impact of philanthropy on our educational system. Colleges and universities around the world are becoming more focused and more professional when it comes to building philanthropic support and community engagement.
Originally published: April 9, 2020
Author: Sue Cunningham
Published by: Inside Higher Ed