Higher education accounts for one in four �1m-plus gifts

Higher education accounts for one in four �1m-plus gifts: Higher education institutions are increasingly popular among high-end donors, now accounting for a quarter of all donations worth more than �1m, as a report finds major philanthropy regaining its pre-financial crash strength.

Universities and other higher education institutions in 2012 received �570m from generous individuals, foundations and corporations – equivalent to 42 per cent of the total value of all �1m-plus gifts.