This report compares the fundraising activities of universities in the UK and the US, following on from two previous Sutton Trust reports published in 20032 and 2006. It looks both at the extent of fundraising and the size of endowment funds held by individual universities on both sides of the Atlantic.
- The Government should launch a modified match-funding scheme, building on the 2008-11 initiative. This will enable UK universities to build on the promising start that has been made over the last ten years.
- Any new fund should focus on improving the fundraising capacity of universities other than Oxbridge and include clear targets aimed at improving the overall levels of alumni giving and fundraising by universities.
- A simplification of the tax laws that relate to charitable donations would help encourage more giving to universities. Donations should qualify as a straight deduction from gross income. This is not only more straightforward, but means that donors claim all the tax relief themselves, both of which provide significant incentives to give.