Word: donor
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Dates: during 1950-1959
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...McCarthy, badly hurt in Wisconsin by his vote for the gas bill, found it necessary to explain a $2,000 contribution he received in 1952 from a man named N. B. Keck. Joe professed uncertainty as to whether his donor was the H. B. Keck who is president of Superior Oil, but said that, in any event"I assume he was contributing because of my fight against Communism...
While handing money out to daughters of the Pennsy and others in need, foundations pay back their founders in many ways. A foundation not only gives its donor an outlet for generosity but saves him much of the annoyance of being solicited by a multitude of charities. It also helps him slide into a lower tax bracket. An individual may deduct up to 20% of his taxable income for payments into a foundation; a corporation may deduct 5%. In some cases, the saving in taxes almost equals the cost of philanthropy. A foundation can also be used...
Died. Pauline Morton Davis, 67, widow of Dwight Davis (Secretary of War under Calvin Coolidge and tennis' Davis Cup donor), founder (1929) of the Women's Organization for National Prohibition Reform, first woman member (1924) of the Republican National Committee; after long illness; in Washington...
...Yale: The University College," George W. Pierson, professor of History at Yale, said that James R. Angell, the Yale President from 1921-37, wanted very much to enlarge the then overcrowded campus, but believed that because Harkness desired complete anonymity as the donor of a new system, he should not tell his faculty that he had a source of funds for the needed expansion...
Started as a mutual self-help scheme among British Commonwealth nations, the Colombo Plan has since expanded to nearly all free Asian nations, produced in five years an interchange of $2 billion worth of economic development. Donor nations, e.g., Britain, Canada, Australia, have poured in capital and know-how, while recipient nations have exchanged such experts and such know-how as they have, e.g., India has sent four aeronautical engineers to Indonesia; Singapore is teaching timber grading to a Nepalese trainee; two Japanese rice physiologists are scattering seed in Ceylon...