Philanthropic giving to universities on the rise, but skewed
According to the latest 2018 Annual Survey of Philanthropy in Higher Education, conducted under the auspices of Inyathelo, the South African Institute for Advancement, philanthropists gave over ZAR1.7 billion (US$122 million) to 11 local universities in 2017.
However, Sean Jones of EduActive Solutions, said distribution was skewed as 96% of funding went to traditional, research-intensive universities and only 4% to historically disadvantaged universities. On his research, Jones said the 11 universities in the survey received a collective total of ZAR1.71 billion in philanthropic income in 2017, ZAR978 million higher than recorded for the 10 universities taking part in the first survey in 2013.
Full report on the IOL site