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Characteristics of two-year public colleges and foundations with successful fund-raising programs
Abstract
The purpose of this study was to collect baseline data on the level of support that college-related foundations have provided for two-year colleges and to identify the characteristics of those colleges and foundations which have attracted an above average level of support. Data were obtained through a questionnaire which was sent to 101 public two-year colleges located in Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, and Vermont. Seventy-two (72) colleges completed useable questionnaires. Representatives of seven colleges in the high success group participated in the interview component of the study. Sixty-one colleges reported that they had established an affiliated charitable foundation. During the three-year period covered by this study (July 1987-June 1990), two-year college foundations in the Northeast raised a total of $27,304,376. Foundation assets totaled \$22,484,704 in June 1990. Twenty six (26) colleges which raised funds greater than the three-year mean of $349,046 were identified as having high success foundations. A chi square test was used to determine the relationship between fund raising success and selected variables. The study found that there is a relationship at the.01 significance level between fund raising success and size of the service area, and between fund raising success and the level of financial support for fund raising from all sources. There is no relationship at the.01 significance level between fund raising success and total enrollment, the age of the institution, the age of the foundation, nature of the institution, or the level of financial support provided by the college. Presidents of colleges in the high success group were more likely to personally solicit funds for the foundation. These colleges also provided more professional and clerical support for fund raising than did those in the low success group. Although colleges in both groups used similar strategies to raise funds, those in the high success reported using a greater number of strategies. Colleges in both groups identified corporations and businesses, individuals not associated with the college, and foundation board members as individuals as the donor groups which provided the most support.
Subject Area
Education finance|Community college education
Recommended Citation
Ironfield, Elaine B, "Characteristics of two-year public colleges and foundations with successful fund-raising programs" (1991). Doctoral Dissertations Available from Proquest. AAI9207414.
https://scholarworks.umass.edu/dissertations/AAI9207414