| Show Colleges receive record number of donations CPS CIS reaped a C COLLEGES record amount in donations donations donations dona dona- during the 90 1989 school year a new tally of campus giving announced May 2 Private gifts to US U.S. colleges colleges colleges col col- col- col leges and universities totaled 98 million in 1990 up 10 percent from the previous year according to the annual estimate by the Council for Aid to Education in New York The increase in donations from corporations alumni and other private philanthropic sources follow a 9 per percent nt rise in 1989 and a 35 percent drop in such giving in 1988 Making donations is a well well-em well embedded bedded tradition that has consistently defied fluctuations in the economy and stock market said Priscilla Priscil- Priscil la Lewis a spokeswoman for forthe forthe forthe the council The councils council's estimate was based on mailed surveys to 1056 campuses that together account for about 85 percent of all donations These days there is also a great deal of emphasis on education as a critical factor on national competitiveness There is plenty going on now to sustain the tradition of giving to schools she said The latest survey Lewis said covered donations during the period just before the recession which most economists say began in July Harvard University received the most private support support support sup sup- port of any institution 2135 million equal to student and 15 per up percent from 1989 levels Stanford University was second attracting 2022 million million million mil mil- lion or per student a gain of 7 percent from the preceding year That increase was tabulated before a federal investigation into Stanford's methods of billing research costs to the government |
