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The windfall gift: what large gifts mean for endowment managers and other campus leaders.(ENDOWMENT MANAGEMENT)

IT'S AN ELECTION YEAR, SO we're hearing a lot about income and wealth inequality in the United States. The rich seem to be getting richer, in part because a few sectors of the economy are creating incredible wealth for those who participate in them. These people want their wealth to have an impact on charities that they support. While the various candidates sort out whether and how this affects the country at large, college and university development officers know that this creates the potential for fewer, but larger, gifts.

The Council for Aid to Education's most recent Voluntary Support of Education survey seems to show a similar concentration of givers. It reported ...

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