With a battered economy and volatile financial markets taking their tolls on donorsâ?? pocketbooks, private giving to American colleges dropped sharply in 2009, according to findings of the annual Voluntary Support of Education survey, which were released on Wednesday. Donations were down $3.75-billion from the previous yearâ??a decline of 11.9 percent, the steepest in the surveyâ??s 50-year history.
Office of Strategic Communication