UM: Alumni Donations

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The Detroit News reports on the trend that most Michigan universities and colleges are receiving less money in alumni donations. Of 22 institutions studied in Michigan, 14 reported a decline in donations, while only eight reported an increase. “It will just take a little more time for people to make substantial gifts that will happen if historical patterns are any indication,” said Ann Kaplan, survey director for the Council for Aid to Education. The University of Michigan is running counter to that trend – it ranked 19th on a national level for highest fundraising, raising over 2.5 times more than Michigan State. [Source]