Word: 350th
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...raise money at [the 350th] is not the most effective in the long run," says O'Brien. "The worst mistake is simply to get people to give money to get rid of them...
Harvard's generosity, rather than alumni's, will be the 350th's driving force, say financial officials. "The University is always looking to try to take assets we have and share them with the world," says Treasurer Roderick MacDougall. "To think the 350th is a "scheme" for money is "just ridiculous...
Accordingly, the staff of the University Development Office, Harvard's central money-raising organization, has been cut off from virtually all of the planning for the 350th, says Reardon...
...mission is to help with fundraising, but we have absolutely no intention to exploit [the 350th]," says Reardon...
Money will also flow when the party-goers pay for their tickets to 350th events, such as the grand finale at The Stadium. Some Crimson elite were designated by Harvard to bankroll the fireworks-filled gala by paying $175 for their tickets (all but $25 is tax deductible), compared to the $25 and $10 charges for other guests. "Some people can afford high costs," says Reardon...