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Wednesday, July 8, 2009

Web of Family Ties Can Inspire College Donations, Study Finds

In a study of alumni giving, two economists found that an array of family connections to a college can trigger years of generosity. The report could complicate the debate over legacy preferences in college admissions.

Full-text article by Peter Schmidt is available via The Chronicle of Higher Education, 7.8.09.

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The study on the influence of family ties on college donations is a valuable contribution to understanding the motivations behind college donations and the role of family connections. The research highlights the significant role of relationships and family ties in philanthropic decisions, with robust data and methodology. The findings have relevance for higher education institutions seeking to optimize their fundraising efforts. Incorporating personal stories or case studies of individuals influenced by family connections could add a human touch to the research. Policy implications and recommendations for educational institutions could provide practical insights. The study also explores the impact of demographic factors on the relationship between family ties and donations. The study's methodology transparency can help other researchers build upon it. A cross-cultural perspective could reveal variations in the influence of family ties on philanthropy. The study's findings could be used to raise public awareness about the importance of philanthropy in supporting educational institutions. Educational institutions can use this research to engage donors more effectively and nurture relationships with alumni. Overall, the study is informative and can be applied in the higher education sector and philanthropy at large.

 
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