Word: bequest
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Harvard was one of the recipients of a bequest totalling $25,000, it was revealed in the will of the Reverend Mr. Alva Roy Scott, made public in Knoxville, Tennessee, yesterday. The sum of $10,000 was bequeathed to Harvard for the endowment of a lectureship on the general subject of "Human Betterment...
...Visitors of nearby Radcliffe College, refused as a matter of policy. Princeton, which has never allowed women in any of its courses; Yale, which has many a post-graduate female student and a School of Nursing, refused with equal firmness. Columbia, which has more women than men, found the bequest "inexpedient...
Yale is to be congratulated on the $2,000,000 bequest in the wills of C. F. Depew, Sr. and C. F. Depew, Jr. This gift should be particularly timely in view of the progressive Eli program exemplified by the Quadrangle system, now in the process of construction, and the recently announced reorganization of the curriculum. If this policy is to be continued it is probable that money will be needed to remedy the first dislocating effect that often is the inevitable corollary of progress...
...worth of this bequest is not so much in its size as in the complete freedom that the University is allowed in its use. Large endowments are too often for some particular purpose. The result is an irregular growth which tends to keep current expenses high and raises rather than lowers the cost of a college education. Unconditional bequests such as this swell the sometimes neglected endowment funds and help to lessen the expensive discrepancy that often exists in the Universities between the endowed and the unendowed branches...
...bequest of $139,558, left to Harvard University by a clause in the will of the late Mrs. Gladys Carroll Marvin, has been rejected by the Corporation of the University because of a restrictive clause. The incident, which was revealed by the filing of a transfer tax appraisal, is reminiscent of the recent rejection of the bequest of the late A. E. Pillsbury, Mrs. Marvin died in December, 1928, leaving a net estate of $242,172, of which the residuary estate was left to the University, on condition that the corporation pay an annuity of $10,000 to her mother...