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Colleges report banner fundraising year

Quick ReadThe latest annual college fundraising figures out Wednesday show donations to colleges and universities rose 8.2 percent in fiscal 2011.

A survey of 160 Long Island-based nonprofits found

Photo credit: iStock | A survey of 160 Long Island-based nonprofits found that they are devoting less than 5 percent of their budgets to PR campaigns.

For the 99 percent of colleges, it was a pretty good fundraising year.

For the 1 percent of super-wealthy elite, it was a much better one that catapulted them even farther ahead of the pack.

The latest annual college fundraising figures out Wednesday show donations to colleges and universities rose 8.2 percent in fiscal 2011, crossing back over the $30 billion mark for just the second...

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