The Chronicle of Philanthropy: As the Cost of a 4-Year Degree Soars, Community Colleges Reap More Big Gifts
JULY 25, 2019
Big gifts to community colleges have grown sharply over the past decade, rising from a single donation of only $2.5 million in 2009 to contributions totaling $53.1 million last year, according to a Chronicle analysis of gifts of $1 million or more.
And things are looking good so far for 2019, with $27 million already given or pledged as of May.
Members of the band Metallica gave $1 million last year to launch Metallica Scholars, a program aimed at supporting community-college students who want to pursue careers in a traditional trade or direct their studies toward other types of applied-learning programs.