MBA friends Magazine MBA friends Magazine 1 issue | Page 2

Business school alumni's donations and how
this is done in Croatia?
By Krešimir Profaca, MBA

There are a lot of examples of donations from American high school and post graduate
alumni. Probably every school has its own hall, or building, or even a whole school
program that is named after a donor, who has donated some funds to this institution.
This trend is becoming more and more popular also in Europe, especially in Great
Britain. What’s the situation in Croatia? Here there are no evidence and stories, or at
least nobody speaks about them publicly.
Although we all probably aware of the fact, that schools need substantial funds for their
operation, because more resources mean better equipment, quality and numerous
researches, attract more and better-known professors, and enables them a better
development, etc., the donations to schools in our country don’t exist. Or at least the
donations are not even close to the levels that are common in the United States and
increasingly in Western Europe.