Study: Gifts of $1M+ Tick Higher

Posted: Updated:
The IU Lilly Family School of Philanthropy is located in Univeristy Hall on the IUPUI campus. The IU Lilly Family School of Philanthropy is located in Univeristy Hall on the IUPUI campus.
INDIANAPOLIS -

New research shows charitable gifts of $1 million or more throughout the country are on the rise. The Million Dollar Donors Report 2016, released by Coutts & Co. with help from the Indiana University Lilly Family School of Philanthropy, looks at donations in the U.S., United Kingdom and Middle East.

The numbers show in Indiana last year, nonprofits received a total of 79 gifts of $1 million or more. Nearly half of which were from Indiana donors to Indiana recipients. She says Indiana higher education institutions were a prominent beneficiary, particularly the University of Notre Dame and IU, which received 13 and 9 major gifts, respectively.

Lilly Family School Professor of Economics and Director of Research Una Osili says "the significant growth in million-dollar-plus giving in the U.S. is good news. For the first time in eight years, we are seeing giving at this level rebound to where it was before the recession. Donors are increasing their support and dedication to the causes they care about."

The study shows in the U.S. in 2015, $1 million-plus contributions were on the rise from all types of donors: individuals, foundations and corporations. Last year, U.S. donors gave 1,823 such gifts, compared to 1,064 in 2014.

You can find the full report, which includes detailed data from the U.S., U.K. and Middle East by clicking here.

  • Perspectives

    • School District Raises Questions About ILEARN

      Like all schools in Indiana, we were disheartened at the ILEARN results for school year 2018. We would like to raise several questions concerning this test as it relates to college and career readiness for our students. The annual Indiana Statewide Assessment (this year’s ILEARN) has been developed to evaluate college and career readiness at all levels tested. We are very troubled by our lack of understanding of what indicators in the test evaluate...

    More

Events



  • Most Popular Stories

    • School District Raises Questions About ILEARN

      Like all schools in Indiana, we were disheartened at the ILEARN results for school year 2018. We would like to raise several questions concerning this test as it relates to college and career readiness for our students. The annual Indiana Statewide Assessment (this year’s ILEARN) has been developed to evaluate college and career readiness at all levels tested. We are very troubled by our lack of understanding of what indicators in the test evaluate...

    • Purdue University ranks #7 for Best Value in a college education in the U.S., according to the Wall Street Journal

      Two Indiana Schools Break Top 50 List of Best Colleges

      The Wall Street Journal and the Times Higher Education magazine have released their annual list of the top 801 colleges and universities in the country. Two Hoosier universities are included in the top 50.

    • Purdue to Open Chick-Fil-A Amid Protests

      Citing overwhelming demand for Chick-fil-A’s food and services, Purdue University has announced it will allow the restaurant to open on campus. The university has been at the center of a debate over the Georgia-based food chain. 

    • (image courtesy of Pixabay/NIkolay Frolochkin

      State Revenue Ticks Higher in August

      Indiana revenue in August exceeded projections by nearly four percent. The Indiana State Budget Agency reports General Revenue funds last month hit $1.1 billion, 3.8 percent above projections. Sales tax revenue came in higher than anticipated at $693 million, more than three percent higher.

    • Photo courtesy of Crestwood Village

      Justus Rental Properties Details Closures

      Indianapolis-based Justus Rental Properties, Inc. has announced it will be closing its assisted living service line at Crestwood Village West and Crestwood Village East. The company is also is in the process of selling the both communities.