Indiana University sees an opportunity to capitalize on the growing market for nonprofit workers with a formal School of Philanthropy at Indiana University-Purdue University Indianapolis.
Officials say nonprofits already account for 9 percent of U.S. wages and salaries, and are expected to grow as government and corporation philanthropy declines.
According to one recent study, nonprofit organizations with revenues of more than $250,000 will hire up to 640,000 more executives by 2016.
Although Indiana University already hosts the Center on Philanthropy for research, it will be the first to launch a dedicated school of philanthropic studies and the related field of nonprofit management.
Classes could begin as early as the 2013-2014 academic year.