Hillsdale college raised $65 million last year
Liz Klimas
Issue date: 2/28/08 Section: News
Hillsdale College took first place for fundraising in the realm of private liberal arts colleges with $65,776,270 for 2007, the Council for Aid to Education reported on Jan. 20.
In its annual survey, the CAE reported a 6.3 percent increase to $29.75 billion in contributions in 2007 among the nation's colleges and universities. CAE, a non-profit, New York-based organization, wrote that "the $29.75 billion raised in 2007 [was] the highest total ever reported." Stanford University ranked highest for the third year in a row with $832.4 million.
Director of Voluntary Support for the Education Survey at CAE Ann Kaplan said Hillsdale ranked 89 overall from 1,042 colleges and universities. In Michigan, Hillsdale placed fourth overall, following the University of Michigan, Michigan State University and Wayne State University. Calvin College came behind Hillsdale at $22,241,906.
Chris Bachelder, associate vice president for strategic marketing at Hillsdale College, said fundraising should be put into perspective looking at averages over the years to observe accurate trends.
"Fundraising is an uneven process," he said. "Sometimes large gifts come in."
Bachelder said Hillsdale's average fundraising spanning the last five years marks an "outstanding" campaign.
"[We] are very close to achieving the goal we set - $400 million - in the capital campaign," he said, including that, as the goal is reached, the college plans to extend and continue its campaign.
Bachelder said Hillsdale's steady and "unchanging" principles have attracted donors, some who have never stepped on campus.
"We have achieved a unique positioning in a competitive market place," he said. "We've managed to communicate that there's 160 years of sticking to principles."
Kaplan said giving to Hillsdale in 2006 was $40.7 million, ranking the college sixth for private liberal arts colleges last year.
CAE is "focused on improving quality and access in higher education, and is the nation's only source for data on private giving to education."
Hillsdale College Collegian 2008
In its annual survey, the CAE reported a 6.3 percent increase to $29.75 billion in contributions in 2007 among the nation's colleges and universities. CAE, a non-profit, New York-based organization, wrote that "the $29.75 billion raised in 2007 [was] the highest total ever reported." Stanford University ranked highest for the third year in a row with $832.4 million.
Director of Voluntary Support for the Education Survey at CAE Ann Kaplan said Hillsdale ranked 89 overall from 1,042 colleges and universities. In Michigan, Hillsdale placed fourth overall, following the University of Michigan, Michigan State University and Wayne State University. Calvin College came behind Hillsdale at $22,241,906.
Chris Bachelder, associate vice president for strategic marketing at Hillsdale College, said fundraising should be put into perspective looking at averages over the years to observe accurate trends.
"Fundraising is an uneven process," he said. "Sometimes large gifts come in."
Bachelder said Hillsdale's average fundraising spanning the last five years marks an "outstanding" campaign.
"[We] are very close to achieving the goal we set - $400 million - in the capital campaign," he said, including that, as the goal is reached, the college plans to extend and continue its campaign.
Bachelder said Hillsdale's steady and "unchanging" principles have attracted donors, some who have never stepped on campus.
"We have achieved a unique positioning in a competitive market place," he said. "We've managed to communicate that there's 160 years of sticking to principles."
Kaplan said giving to Hillsdale in 2006 was $40.7 million, ranking the college sixth for private liberal arts colleges last year.
CAE is "focused on improving quality and access in higher education, and is the nation's only source for data on private giving to education."
Hillsdale College Collegian 2008
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