Word: endowment
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...every copy of his book that Bantam sells. That comes out to about $4 million so far. But he also earned $1 million in salary and bonus last year, and is probably worth about $20 million besides. His publishing income he is giving away. The money will endow the Lee Iacocca Foundation, a philanthropy run by Daughter Kathi. Part will be passed on to the Joslin Diabetes Center in Boston. His wife Mary, who died in 1983, was diabetic...
...Ordered: that the Cambridge City Council go on record thanking. President Derek Bok of Harvard University for the establishment of a 'one million fund' to endow student community services," read the proclamation. It noted the strength of already existing programs in the areas of tutoring, services to the mentally retarded and the handicapped, and Phillips Brooks House projects in particular...
...York financier John L. Loeb '24, who gave $1 million to the Design School and another $7.5 million to endow 15 junior professorships: "Most young professors are very underpaid compared to the salaries that they could receive in other fields. It seemed to me that one of the important things for our country, not just for Harvard is that these men and women stay in the profession. . . . All of us owe a debt to Harvard for all that our years there have meant to us throughout our lives. We should be especially grateful for the leadership Harvard has provided...
Donald P. Loker '25, retired in Oceanside, California, who said his recollection of the English faculty of the 1920s inspired him to endow the Loker Professorship in English: "I hope that when those at the College today are as far out in the world as we are, they will look back with the same amount of awe and affection to their instruction at Harvard...
...Power. It will be the story of He-Man's twin sister, who leads a host of female warriors against an evil horde. Will she share in her brother's omnipotence? Not exactly. Producer Lou Scheimer explains that She-Ra is more caring than He-Man. "We tried to endow her with powers of nature rather than strength," he explains. "But she can do damn near anything that...