Word: benefactors
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...famous retreat (TIME, July 5, 1971) where young secular Jews' learn the Jewish heritage of their forefathers. From its beginnings, Brandeis has had some generous friends; one was Supreme Court Justice Louis Brandeis, who helped back Founder Shlomo Bardin when the institute began three decades ago. The newest benefactor is not Jewish at all but a Protestant. He is Actor James Arness, longtime star of Gunsmoke, whose 950-acre ranch is adjacent to Brandeis' grounds. Arness has given Brandeis the entire ranch-$2 million worth of land, corrals, houses and barns. Said Bardin: "It was a splendid ecumenical...
...Christmas-come-early at Phillips Academy in Andover this week, as an anonymous benefactor mailed over 800 marijuana cigarettes to students there--from a fictitious Harvard address...
...stock prices. As a source of stable income, the philosophy went, "dividends are for old ladies." The eventual losers included some of the hitherto most conservatively managed money groups in the country-including university endowment funds, whose trustees were urged to pursue "unconventional investing" by no less influential a benefactor than the president of the Ford Foundation. Result: many funds got stuck with worthless paper...
...money gets bigger at the national level and harder to turn down. Nevertheless Humphrey says that he declined a large gift from New York Philanthropist Stewart Mott, now a prime McGovern benefactor, in 1968 when Mott wanted Humphrey to denounce the Viet Nam War more strongly. Mott denies this, but he has tried to influence the positions of other candidates. Sounded out by Texas oil interests during the Democratic primaries this year, Edmund Muskie passed up much cash because he refused to abandon his intention of trying to lower the oil-depletion allowance. Most gifts, of course, do not come...
...through his Fromm Music Foundation, parceled it out in commissions to an international Who's Who of composers: Milton Babbitt, Alberto Ginastera, Alan Hovhaness, Ernst Krenek, Roger Sessions, Stefan Wolpe -some 90 names in all. Composer Gunther Schuller describes Fromm as "the single most important benefactor in the field of contemporary music...