Word: donors
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Dates: during 1960-1969
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Asked by newsmen, three other big Castro contributors said that they too stood to make money. Johnson & Johnson of New Brunswick, N.J., which gave $1,011,000, and Hoffmann-La Roche, Inc. of Nutley, N.J., a $1,132,000 donor, also plan to give their tax profits to charities. The Warner-Lambert Pharmaceutical Co. of Morris Plains, N.J., which contributed $1,500,000, intends to plow its tax profits back into basic research...
...large grant from an anonymous donor, now believed to be Edwin H. Land, inventor of the Polaroid camera, financed the freshman seminar program originally. The donor intended the grant to make the freshman year intellectually more interesting...
With the funds in hand, McGeorge Bundy, then Dean of the Faculty, created the seminar program. The Faculty approved a one-year trial during 1959-60, and then a three-year trial which ends this June. Though no more funds are available from the original donor, the Faculty voted Tuesday to continue the program...
Reynolds is afraid that the proposed action may seriously hinder donations by "the medium-sized givers, a group that is awfully important to us." Under the bill, charitable gifts, interest payments and local taxes will be deductible only if they exceed five per cent of the donor's income. Most alumni donations, many of only $10, would therefore not be deductible...
...Immortals of the sedate Académie Française recently received an intriguing parcel from an unknown donor. In the mail came the most literary pornographic novel since the Marquis de Sade. Called L'Histoire d'O, it once moved Catholic Paul Claudel to remark, "All priests should read it so they may have an exact sense of sin." The parcel was intended to prejudice academicians against electing the man who had written the book's preface. Jean Paulhan, 78, and who is widely suspected of having written the novel himself under a pseudonym. A grand...