Increasing Voluntary Giving to HE
UK , 2008 to Unknown
Compendium: Higher Education
Background
It has been Government policy to help HE providers, especially those without a tradition of fund-raising, to raise more income from non-public sources in ways which are similar to best practice abroad.Aims and targets
The aim of the policy is:
- to increase the total level of voluntary giving to Higher Education providers in England, and to promote a culture of asking and giving which extends beyond the lifetime of the matched funding scheme;
- that the aggregate level of private giving after the scheme will be more than the current level;
- that there will be an increase in the number of institutions which are successful in raising funds.
Strategy and actions
The Government will set the framework for the scheme but institutions and fund-raising experts have helped and will continue to help us design the details.
We plan to start a matched funding scheme worth about 300 million Euro over 3 years. The scheme will start in 2008.
Monitoring and evaluation
The arrangements will be 'light touch' and will be done as part of the normal financial reporting arrangements of providers. However, it will be a condition of the grant that institutions explain and quantify what difference the scheme has made after it has finished.Funding/Cost effectiveness
Sustainability/Transferability
Outcomes/impacts
Achievements
Success factors
Working in partnership with the sector - making funding demonstrably additional to existing core state funding.Unintended impacts
Strengths and weaknesses
Curricular reform
Funding reform
- New models of funding
- Cost effectiveness
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