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Campus Finance Briefs

Nation’s First School of Philanthropy Slated for Indiana

University Business, July/August 2012

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.