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Is it time for universities—and the foundations that fundraise on their behalf—to adopt the rigorous due diligence and risk monitoring processes that global companies use? Based on the latest bribes-for-admission scandal to hit the headlines, the answer is a resounding, “YES!”...
Universities in the United States received a record $43.6 billion in donations from individuals, companies and organisations in 2017. But recent scandals show that universities must not neglect due diligence on the source of these donations.
Top marks for university fundraisers
Headlines publicizing the latest data hack or ransomware attack have kept data security and privacy in the public eye, but the College Transparency Act of 2017, a bipartisan bill introduced in Congress this month, looks to reverse a ban on federal student-level data collection—for good reason....
The amount of money donated to universities in the United States by individuals, companies and organisations increased last year, according to a new report from the Council for Aid to Education. As universities accept increasingly large gifts, they must make sure they know where the money is coming from...