
Philanthropy in Higher Education
Philanthropy in higher education refers to the generous financial support given by individuals, corporations, and foundations to colleges and universities. This funding helps improve facilities, support research, provide scholarships for students, and enhance educational programs. Philanthropic donations can significantly impact an institution's ability to serve students and communities, fostering innovation and accessibility. By investing in higher education, philanthropists aim to promote knowledge, social mobility, and economic development, ensuring that quality education remains available for future generations.