Fund Raisers See Better Times Ahead

A survey of fund raisers by the Council for Advancement and Support of Education projects that donations for the fiscal year that just closed will be 4.3 percent higher than the previous year, and that the next academic year will see gains of 5.7 percent. These figures, if attained, would mark a turnaround for many colleges that have experienced difficulty raising money during the economic downturn. John Lippincott, president of CASE, called the survey results "an encouraging sign that we may return to pre-recession giving levels in roughly two years."