Indiana University sees big private funding jump

Source: businessweek.co Posted By: Nancy W...5250 days ago

Indiana University announced Monday that it has seen a 38 percent increase in private sector grants and contributions from a year ago, when such revenue declined during the recession.

The university said its $342.8 million in private sector support during its 2010 budget year was up from $247.6 million in 2009.

Giving USA, an annual report on giving researched by the Indiana University Center on Philanthropy, reported that contributions to higher education nationally declined by 3.6 percent....

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