Journals

No.1, 2010

Osamu TOMURA

 Fund-Raising in the Case of Waseda University from the Mid-Meiji to the Taisho Period

-Focus on Analyzing the Historical Financial Records and the Lists of Donators-

 Waseda University (private higher education institutions) implemented four major fundraising campaigns during the period from the mid-Meiji to the Taisho period. The purpose of this paper is to clarify the reality of the fund-raising campaigns, especially from the viewpoint of the balance of payments and appropriateness for the plans, and characteristic of the donors. To solve these exercises, this paper adopted quantitative analysis by using the historical financial records and the lists of donators, which were not often used as historical materials.

 The result of financial analysis indicated the donation had a great contribution to the financial health. Waseda University sometimes faced deficit in the current account and didn' t have much surplus so that donations were imperative to build assets. However some campaigns often put the plan into execution with relying on loan and dropped part of the plan, which meant the campaigns were not sophisticated plan.

 The analysis of the lists of donators showed there were two main factors. The first was that Waseda University could collect donation from not only Tokyo but also other big local cities. The second was that the donation came from not only the alumni of Waseda but also other non-Waseda wealthy people.