Fund-raising is up at the nation’s medical schools and teaching hospitals, according to a new survey by the Association of American Medical Colleges.
The association found the average school or hospital saw its fund-raising haul increase by 16.2 percent in the 2013 fiscal year over 2012. The survey looked at 137 institutions and found an average hospital or medical school received about $55.4 million in donor support in 2013. That means the survey looked at about $7.5 billion in philanthropic giving.
By comparison, donors gave about $34 billion to North American colleges and universities in 2013, an increase of about 9 percent over all, according to survey released in February of broader higher ed giving trends by the Council for Aid to Education.