Word: donor
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Dates: during 1950-1959
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...request of the donor, preference will be given to both Negro and white students from Southern high schools in socially and economically depressed areas...
...anonymous donor stipulated that the entire amount of the gift be spent on awards to freshmen and sophomores in the Classes of '63 and '64. Consequently, $15,000 to $20,000 will be spent on the incoming freshman class next fall, and an equal amount on both the freshman and sophomore classes the following year...
...gift is unusual both in that the total princpal is to be spent within two years and in that it provides for possible preparatory work before entering college. Dean Monro stated that these conditions were established by the donor and do not represent a growing trend on the part of the Committee on Freshman Scholarships...
Experience has shown that the most successful aid programs--like the International Bank for Reconstruction and Development and the Colombo Plan--have been administered by international organizations encompassing both donor and recipient. For this reason, some statesmen have wisely proposed that the bulk of American foreign aid contributions be turned over to an International Development Authority...
Since $500,000 is necessary to give the project priority, it may be a long time before any action is taken. If a specific donor for Dudley's successor has not appeared even when the Program reaches its goal, the $1 million might go for another, more pressing needs...