Find stats on top websites
Industry Landscape
The higher education philanthropy sector is experiencing sustained growth, driven by increasing donor engagement and a focus on impactful giving. Universities are adapting to new donor preferences, leveraging digital tools, and emphasizing transparency and measurable outcomes to attract and retain support for scholarships, research, and capital projects. Economic conditions and evolving donor priorities influence giving trends.
Total Assets Under Management (AUM)
Total Philanthropic Giving to Higher Education in United States
~59.60 billion USD (2022)
(2.8% CAGR)
Growth driven by:
- Alumni donations.
- Foundation and corporate giving.
- Focus on specific university initiatives.
Total Addressable Market
59.6 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Fundraising Platforms
These platforms leverage AI and machine learning to analyze donor data, predict giving patterns, personalize outreach, and optimize fundraising campaigns for higher education institutions.
Blockchain for Philanthropy
Blockchain technology can enhance transparency and traceability of donations, allowing donors to track the exact allocation and impact of their contributions to university projects.
Virtual and Augmented Reality (VR/AR) for Engagement
VR/AR can create immersive experiences for potential donors, offering virtual campus tours, showcasing research labs, or demonstrating the impact of funded projects remotely.
Impactful Policy Frameworks
SECURE Act 2.0 (2022)
The Setting Every Community Up for Retirement Enhancement Act 2.0 (2022) introduces various changes to retirement plans, including increased RMD age and new options for charitable giving from IRAs.
This policy could encourage more planned giving from older donors, particularly through Qualified Charitable Distributions (QCDs) from IRAs, offering a tax-efficient way to support the university.
Inflation Reduction Act (2022)
While primarily focused on climate and healthcare, the Inflation Reduction Act (2022) includes tax provisions that indirectly impact high-net-worth individuals, who are significant philanthropic donors.
Changes in taxation for high-income earners could influence their philanthropic strategies and the timing or structure of their major gifts to institutions like the University of Hawaii Foundation.
Consolidated Appropriations Act, 2021 (CAA 2021) - Extension of Universal Charitable Deduction
The CAA 2021 (2021) extended the universal charitable deduction for non-itemizers, allowing individuals to deduct up to $300 (single filers) or $600 (married filing jointly) for cash contributions.
This policy encouraged broader participation in charitable giving, potentially increasing the number of smaller, individual donations to the University of Hawaii Foundation, even from those who don't itemize.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
