Endowment value drops
Economic downturn affects rates of alumni donationBy Mike Celone | Feb 12th, 2010 | Category: Featured Articles, February 12th Print Edition, Issues, News
The struggling economy took a disastrous toll on donors’ wallets in 2009, resulting in a sharp decrease in private donations across the country. Tulane was no exception to this national trend.
The Council for Aid to Education’s annual survey reported that private gifts to colleges in 2009 decreased 11.9 percent, the steepest decline since the survey began […]