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The Determinants of Donative Revenue Flows from Alumni of Higher Education: An Empirical Inquiry

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Author Info

  • Brendan M. Cunningham
  • Carlena K. Cochi-Ficano

Abstract

Institutions of higher education are increasingly relying upon alumni giving and endowment earnings as sources of funding. This paper utilizes a new database on average alumni donations at the institutional level and institutional characteristics to explore the role that lagged institutional characteristics and policy have on subsequent donations to the institution. Our results confirm the noncontemporaneous effects of variations in the average scholastic achievement of matriculated students (a proxy for both student quality and student socioeconomic status) on subsequent donative revenue flows and indirectly address some of the open questions left by previous theoretical inquiries.

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Bibliographic Info

Article provided by University of Wisconsin Press in its journal Journal of Human Resources.

Volume (Year): 37 (2002)
Issue (Month): 3 ()
Pages: 540-569

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Handle: RePEc:uwp:jhriss:v:37:y:2002:i:3:p:540-569

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Web page: http://jhr.uwpress.org/

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Cited by:
  1. Meer, Jonathan & Rosen, Harvey S., 2011. "The ABCs of charitable solicitation," Journal of Public Economics, Elsevier, vol. 95(5), pages 363-371.
  2. Meer, Jonathan & Rosen, Harvey S., 2012. "Does generosity beget generosity? Alumni giving and undergraduate financial aid," Economics of Education Review, Elsevier, vol. 31(6), pages 890-907.
  3. Jonathan Meer & Harvey S. Rosen, 2009. "Family Bonding with Universities," NBER Working Papers 15493, National Bureau of Economic Research, Inc.
  4. Marr, Kelly A. & Mullin, Charles H. & Siegfried, John J., 2005. "Undergraduate financial aid and subsequent alumni giving behavior," The Quarterly Review of Economics and Finance, Elsevier, vol. 45(1), pages 123-143, February.
  5. Jonathan Meer & Harvey S. Rosen, 2011. "Does Generosity Beget Generosity? Alumni Giving and Undergraduate Financial Aid," Working Papers 1361, Princeton University, Department of Economics, Center for Economic Policy Studies..
  6. Ehrenberg, R. G. & Smith, C. L., 2003. "The sources and uses of annual giving at selective private research universities and liberal arts colleges," Economics of Education Review, Elsevier, vol. 22(3), pages 223-235, June.
  7. Jonathan Meer & Harvey S. Rosen, 2008. "The Impact of Athletic Performance on Alumni Giving: An Analysis of Micro Data," Working Papers 1046, Princeton University, Department of Economics, Center for Economic Policy Studies..
  8. Jeffrey R. Brown & Stephen G. Dimmock & Scott Weisbenner, 2012. "The Supply of and Demand for Charitable Donations to Higher Education," NBER Chapters, in: How the Financial Crisis and Great Recession Affected Higher Education National Bureau of Economic Research, Inc.
  9. Meer, Jonathan & Rosen, Harvey S., 2009. "The impact of athletic performance on alumni giving: An analysis of microdata," Economics of Education Review, Elsevier, vol. 28(3), pages 287-294, June.
  10. Jonathan Meer & Harvey S. Rosen, 2008. "The ABCs of Charitable Solicitation," Working Papers 1057, Princeton University, Department of Economics, Center for Economic Policy Studies..
  11. Ehrenberg, R.G.Ronald G., 2004. "Econometric studies of higher education," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 19-37.
  12. Jonathan Meer & Harvey S. Rosen, 2009. "Family Bonding with Universities," Working Papers 1163, Princeton University, Department of Economics, Center for Economic Policy Studies..

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