"Dozens of colleges and universities have announced efforts to overhaul their aid programs, and now they're working on funding those grand plans," The Wall Street Journal reports. "While scholarships have always been a popular earmark for higher education philanthropists - more than a third of restricted donations go to financial aid - such gifts are being sought even more as schools ensure they can afford their much-lauded magnanimity. But schools also put out frequent calls to fund academic departments, sports teams, new buildings and research initiatives. And since donors can give via trusts, securities, donor-advised funds, real estate, tangible property and foundations, in addition to simple cash, even seasoned philanthropists can get tripped up."