article thumbnail

A small college needs $2.6M to survive. It's raised $178K

Confessions of a Community College Dean

million to meet immediate needs, warning that the small evangelical institution located in the heart of Wall Street is at risk of closure if it can’t quickly fundraise its way out of a dire situation. The deadline to raise the $2.6 Fundraising is stagnant. million was Feb. While officials have described Feb.

article thumbnail

How Gross Inequalities in Institutional Wealth Distort the Higher Education Ecosystem and Shortchange the Vast Majority of Middle- and Lower-Income Undergraduates

Confessions of a Community College Dean

Blog: Higher Ed Gamma Ask yourself: Would the $20 million gift that Bloomberg Philanthropies gave to Princeton in 2021 to support the university’s first-generation and low-income students have a greater impact at Tougaloo College, an HBCU with a $10 million endowment? The very question—posed by educational historian Bruce A.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How do colleges hit record-level fundraising? It’s all about the alumni

University Business

Say what you want about the state of the economy and how it’s creating headaches for higher education institutions, but that doesn’t stop those who have mastered the art of fundraising. ” Despite the university’s success in exceeding its fundraising goals year to year, its work isn’t done, according to Burke. .

article thumbnail

A small college is failing. Is a rich Canadian to blame?

Confessions of a Community College Dean

Earlier this year, the college announced a funding gap of $2 million that it needed to close quickly in order to remain open. As fundraising fell far short of the goal , Chung stepped in with a $2 million loan. Now another billionaire, Peter Chung, may hold the key to the fate of the King’s College.

article thumbnail

The Forces That Are Shaping the Future of Higher Education

Confessions of a Community College Dean

It’s these long-term developments, processes and trends, which take place under the surface, that even the most powerful politicians or institutions must respond to. percent over 2021. Multimillion-dollar donations and multibillion-dollar fundraising campaigns proliferate. million in federal relief funding.

article thumbnail

Strategic Presidential Communication in Higher Education: Changing Higher Ed Podcast 192 with Host Dr. Drumm McNaughton and Guest Erin Hennessy

The Change Leader, Inc.

Additionally, there is a significant emphasis on the ongoing training and development of leaders in communication skills. for 15 years, earning a master’s in communication from American University, and returned to New Jersey in 2021. And the one concept, one of the concepts he raised really stuck with me.