Take Survey
MEDIA, JOBS & RESOURCES for the COMMON GOOD
NEWS  |  Finance, Philanthropy

Philanthropy a Priority for Education Sector


Thursday, 9th September 2010 at 12:19 pm
Staff Reporter
One in five education institutions hit the $1 million mark within 5 years of focusing on fundraising, a new Australian benchmarking study has found.

Thursday, 9th September 2010
at 12:19 pm
Staff Reporter


0 Comments


FREE SOCIAL
SECTOR NEWS

 Print
Philanthropy a Priority for Education Sector
Thursday, 9th September 2010 at 12:19 pm

One in five education institutions hit the $1 million mark within 5 years of focusing on fundraising, a new Australian benchmarking study has found.

The third bi-annual benchmarking study of 250 educational advancement professionals found that successful fundraising by Australian schools and tertiary institutions is growing, and is best performed by older institutions.

The study, released at the Association of Development and Alumni Professionals in Education (ADAPE) International Conference in Adelaide, found that thirty-nine percent of respondents reported annual fundraising revenue in excess of $1 million, up from 23% in 2005.

Much older institutions had the most success, with half of all institutions established before 1905 raising more than $1 million per annum.

ADAPE Chief Executive Michele Dunn says fundraising has grown steadily across the sector since 2005, with a slant towards older institutions where programs are more mature and engagement with alumni well developed.

But Dunn says the signs are very encouraging for institutions that have recently focused on fundraising, with one in five organisations hitting the million dollar mark within five years.

More than half (59%) of respondents reported an overall increase in donor numbers over the past two years.

Michele Dunn says with a pending review of educational funding at both school and tertiary level, it is imperative that educational institutions develop or establish well resourced offices to concentrate on developing the relationships necessary for this kind of success.

The study also found that tertiary institutions are more likely than secondary institutions to use social media to assist with fundraising. 68% of tertiary institutions report using Facebook and 32% say they use Twitter, compared to secondary institutions where 48% report using Facebook and 8% use Twitter.
 




Got a story to share?

Got a news tip or article idea for Pro Bono News? Or perhaps you would like to write an article and join a growing community of sector leaders sharing their thoughts and analysis with Pro Bono News readers?

Get in touch at news@probonoaustralia.com.au


Write a Reply or Comment

Your email address will not be published. Required fields are marked *



YOU MAY ALSO LIKE

Philanthropy’s Role in Tackling Climate Change

Luke Michael

Monday, 15th October 2018 at 5:01 pm

US Cuts Fundraising Red Tape

Luke Michael

Monday, 1st October 2018 at 4:46 pm

Changing Perceptions of Fundraising

Luke Michael

Monday, 24th September 2018 at 8:49 am

I’d Know That Cause Anywhere!

Dr Steve Francis

Thursday, 13th September 2018 at 7:30 am

POPULAR

Report Uncovers Shocking Abuse and Neglect of Adults With Disability

Luke Michael

Monday, 5th November 2018 at 5:29 pm

White Ribbon CEO Puts Hasty Departure Down to Culture Clash

Maggie Coggan

Monday, 12th November 2018 at 5:49 pm

Government Backtracks on Cuts to Food Relief Charity

Maggie Coggan

Monday, 12th November 2018 at 5:42 pm

Disability Groups Cautious Over NDIS Independent Assessment Pilot

Luke Michael

Monday, 12th November 2018 at 5:38 pm

Take Survey
pba inverse logo
Subscribe Twitter Facebook

The social sector's most essential news coverage. Delivered free to your inbox every Tuesday and Thursday morning.

You have Successfully Subscribed!