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U.S. colleges and universities generated an estimated $23.9 billion in philanthropic support for the fiscal year July 1, 2001 to June 30, 2002. Given that alumni provided 25% or $5.9 billion of the gift revenue, the ability to predict and explain alumni giving phenomena is important to the perpetuation of educational philanthropy in the U.S. The purpose of this study is to determine if there is a relationship between the impact of organizational culture on percentage of alumni participation in annual giving at private colleges and universities. It was hypothesized that strength of an organization's culture and type of organizational culture impacts an institution's ability to successfully collect annual giving support dollars from alumni. Additional insights were anticipated. A combination of quantitative and qualitative methods were employed to shed light on nonstructural aspects of institutions that create the conditions for fund-raising success at understudied regional colleges and universities. A study sample of 92 regional colleges and universities was chosen. The dependent variable was percentage of participation in alumni annual giving. Wealth, age, and budget were chosen as independent variables. Using multiple regression analysis, four outlier institutions—two whose alumni giving exceeded the predicted giving percentage and two that were underperforming—were chosen for further analysis. Using case study interviews and the administering of a culture assessment instrument, overproductive and underproductive alumni giving institutions were compared. The hypotheses were rejected. However, four significant factors were revealed as shaping organizational culture, and by extension alumni annual giving performance. From this research, it can be theorized that misalignment between leadership style and organizational characteristics, presence or absence of cultural bonding elements, influence of local philanthropists, and role of advancement staff are having a disproportionate effect on alumni annual giving in regional colleges and universities.

Diagnostic Medical Instruments Inc. reported revenues of $1,340,000 for its first fiscal quarter ended Dec. 31, 1991 vs. $1,285,000 for the comparable 1990 quarter. The increase in revenues of $55,000, or 4.3 percent over 1990 levels is attributed to increased accessory and consumable sales. Net income for the first fiscal quarter ended Dec. 31, 1991 was $30,000 or 1 cent per share compared to $3,000 for 1990. Operating expenses for 1991 of $643,000 were $84,000 less than 1990 operating expenses of $727,000. The increase in revenues and the reduction in operating expenses principally account for the improvement in net income from 1990 to 1991. (excerpt)