What colleges and universities need from donors to thrive

Graduates pass the John Harvard Statue during Harvard University's commencement on May 29, 2025. Harvard was the school's first big donor. Craig F. Walker/The Boston Globe via Getty Images In 1638, John Harvard, an English-born Puritan minister and teacher in the Massachusetts Bay Colony, bequeathed 400 books and half his £779 estate, today equivalent to roughly US$2 million, to the college that would be renamed in his honor after his death. In addition to launching America’s oldest university, Harvard’s donation began a tradition of philanthropy for U.S. colleges and universities that has con

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