An analysis of fundraising, endowment management, and governance/disclosure practices of community college foundations.
- A look at the use of separate foundations by community colleges as both fundraising and long-term investment portfolio vehicles.
- Benefits of using separate foundations as part of a community college’s development efforts.
- Separate foundations are a key strategy for enhancing and managing a robust fundraising plan.
This article provides an overview of community colleges and examines today’s fundraising and endowment management trends for these institutions. We also discuss the benefits of using separate foundations as part of a community college’s development efforts. Finally, we share the results of our independent research study of 207 community colleges in the mid-Atlantic and Northeastern United States, using a universe of colleges that is consistent with the list maintained by the American Association of Community Colleges (AACC). Our study included looking at the use of separate foundations by community colleges as both fundraising and long-term investment portfolio vehicles. For our study, community colleges are defined as public, private (not-for-profit), and for-profit institutions that offer two-year, associate’s degree programs.
This research study was conducted in 2013 and all data is relevant as of that year, unless otherwise noted. If you have any questions about this study, please do not hesitate to contact the author directly.Please see important disclosures at the end of the article.Download Article