Our Mission

Giving with A Purpose

The Fund for Academic Renewal (FAR) is the leading provider of a unique suite of services for donors who aspire to make a difference at America’s colleges and universities.

The mission of FAR is to help you, the college donor, make transformative gifts that reflect your values and vision—gifts that help institutions live up to their highest ideals. Our fundamental aim is to support the commitment of thoughtful, active donors to academic quality and intellectual integrity.

FAR works with donors and, as appropriate, their advisors to craft targeted, tax-advantaged gifts, and it provides them the opportunity to pool gifts with like-minded donors to maximize their impact. We make college philanthropy easy and effective, helping you give in ways that produce positive results and with confidence that your intent will be honored.

By working with FAR, donors can empower themselves through intentional, directed giving. In the past, many alumni have contributed to their colleges’ general funds, where they have had little say over the use of their gifts. Donors now have FAR working for them to implement their visions of college philanthropy.

And FAR is able to offer its services at no cost, thanks to the generous support of the Diana Davis Spencer Foundation.

Advancing Academic Quality

FAR believes that our colleges and universities are too important to neglect. At their best, they prepare our young people to thrive in an increasingly complex world. They maintain America’s edge in the Information Age. They make it possible for the United States to compete in a dynamic, global economy. And they preserve and transmit the legacy of civilization’s greatest works and achievements.

Many who want to give to their institutions find themselves in a difficult position because of what is happening on campuses today. On one hand, they are deeply grateful for their own college experiences and want the next generation to have the same benefits they enjoyed. On the other hand, they are discouraged by the erosion of the academic quality that was so important for their personal development.

Today's emphasis on increasingly specialized research too often leads institutions to shortchange teaching and neglect undergraduates. Relativism and consumerism weaken academic standards and result in curricula that lack substance and coherence. Political correctness inhibits the free exchange of ideas and politicizes the classroom.

The Fund for Academic Renewal combats these forces by serving donors who wish to help colleges and universities through directed giving to improve courses, raise standards, and more vigorously support intellectual diversity and academic freedom.

And FAR’s involvement does not end when the gifts are given. We also monitor the implementation and effectiveness of the programs and activities we support, ensuring that donor intent is steadfastly respected and donors’ objectives are met or exceeded.

Benefitting from ACTA’s Expertise

The Fund for Academic Renewal is a program of the American Council of Trustees and Alumni (ACTA). Donors utilizing FAR’s services will benefit from ACTA’s more than two decades of expertise in the field of higher education reform, our extensive network of on-campus contacts, and our experience assisting conscientious donors. This same expertise and experience can benefit you.

“My commitment to the Fund for Academic Renewal is based on a spirit of optimism. . . . Graduates and other donors want to help their universities to be their very best. With the Fund for Academic Renewal, there is now a way for them to do it.”

Herbert Wiley Vaughan, Esq.

The Fund for Academic Renewal is a program of the American Council of Trustees and Alumni, a not-for-profit, tax-exempt organization as defined by Section 501(c)(3) of the Internal Revenue Code. All contributions to FAR are fully tax-deductible to the maximum extent provided by law.