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Private sector contributions receive high marks for IU

By Susan Williams

In a recent study compiled by the Council for Aid to Education, Indiana University ranked among the top 2 percent of colleges and universities in the nation in contributions from the private sector.

Total voluntary support of $154.9 million in 1998-99 placed IU 19th among all colleges and universities, eighth among all public universities and fourth in the Big Ten.

The ranking, which appeared in the May 5 edition of The Chronicle of Higher Education, is based on a comprehensive national survey of approximately 1,000 higher education institutions.

The total voluntary support figure includes contributions to the IU Foundation and to the Riley Memorial Association, as well as non-governmental research grants that come to IU. In 1998-99, contributions for all IU campuses totaled $89 million and grants totaled $70.4 million.

IU consistently has ranked among the leaders in higher education in total voluntary support, placing in the top 20 in nine of the last 10 years. Since 1990, contributions have doubled and grants have nearly tripled.

For more information on the IU Foundation, go to its Web site:

http://www.rileykids.org/

For more on the Riley Memorial Association:

http://www.iuf.indiana.edu/

 

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