Word: endowent
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That somebody should endow a fund, as Mr. Henry Seybert of Philadelphia has recently done, for investigating Spiritualism is not so very surprising. Spiritualism is by no means the least plausible of current beliefs; and, even if it were such, rich men would be as liable as any one else to credulity over it. When so sober-minded a body of men, however, as the Faculty of the University of Pennsylvania should think of accepting Mr. Seybert's fund, and undertaking the investigation, it is a decidedly noteworthy event. The action of the University brings into prominence two facts about...
Sixty thousand dollars have been given to endow a chair in the new art department at Princeton...
...press to celebrate the coming birthday of Washington, by the donation of a fund to be raised by voluntary subscriptions to the Washington and Lee University. A few years ago a number of representative men, who were interested in higher education, formed a "Centennial Organization for the Better Endowment of Washington and Lee University." The object of this organization was to raise a fund of a million dollars to endow this leading university of the South. Of this sum, about $400,000 has been raised, one half being received from citizens of the North. The university is located at Lexington...
Nopenel can doubt that such a tendency to wards generous giving by the wealthy to endow educational institusions is most excellent. Among a democratic people like the Americans such conduct will always meet with particular approbation. It is nevertheless often to be regretted that such gifts do not fall upon a better selected objected often doubts their entire disinterestedness. Opinions may differ whether in an economic sense such institutions is the Vanderbilt University, in Tennesee, are the best means of applying a liberal endowment for education. In the continual multiplying of new foundations there must be in one sense...
...observatory at Columbia is on top of the library building. The great need, Professor Rees, its director, has said, was a special endowment. An endowment fund of $150,000 or $200,000 would make it the finest observatory in the country. The college had spent so much money in new building that it could not specially endow the observatory...