Wynne Conger
Daily Princetonian
Excerpt: “They may have the sense of entitlement,” Larry Leighton ’56 writes of young Princeton alumni who donate at rates far lower than their predecessors. “[T]here seems to be very little knowledge of the importance of philanthropy generally.” In recent years, many alumni have penned “giving pleas” of a similar vein, bemoaning the dying culture of annual giving. But is the reality truly as terrible as these alumni assume it to be?
Yet in recent years, younger alumni have demonstrated a marked decrease in charitable donations, and especially when compared to that of previous classes. Although there may be a manifold of reasons as to why, more and more students have reduced their giving out of concerns about whether the endowment’s investments continue to line up with their values, along with the underlying recognition that the University is no longer sustained on the backs of alumni contributions.
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