Word: endowment
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...vastly increased scholarship and loan program--a program that amounts to about $1,850,000 annually. This $400,000 expenditure means less money for faculty salaries and other needed projects. To relieve this situation, the Program for Harvard College hopes to raise $4 million for increased financial aid endow ment. Even with these extra funds, however, the scholarship and loan program will put a severe financial burden on the University, and with a 20 percent increase in enrollment, the burden would be that much heavier...
...laboratories that are moving deeply into the coming age of electronics -the age that is ushering in a second Industrial Revolution. The first revolution taught man to build machines to accomplish tasks far beyond the power of his own muscles. Now, through electronics he is learning to endow his mechanical monsters with a sensory complex something like his own-eyes, ears, even a brain of sorts-so that they automatically perform his workaday chores and take on thousands of complicated new tasks...
...Gamest and gamiest of cats is the mehitabel that archy reported on, who insists that she was once Cleopatra and though bedraggled and back-alleyish now, is always a lady and toujours gai. The two friends are an easy pair to feel tender toward, but much less easy to endow with stage life...
...money is part of a large grant made by the Ford Foundation in 1955, some of which has been used to increase faculty salaries, and some to endow new chairs. In allotting the money to the masters, the Corporation advised them not to use it for maintenance or for formal academic instruction...
...from investment houses and wildcatters, requests for handouts that add up to more money than he has won. The town of Cornwall (pop. 1,100), where 26 Van Dorens gather each summer, asked him to finance a new fire engine, and some of Charles's schools would like endowments. One scholar suggested that Charlie endow a chair for himself at Columbia. One in four letters comes from a teacher, parent or student thanking Van Doren for taking the curse off studying. "I'm damned happy about those letters," he says...