Word: endowment
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...week Arch Rival Michigan State University of East Lansing announced a windfall of its own-the 1,400-acre Oakland County estate belonging to the widow of Auto Tycoon John Dodge and her husband, Lumberman Alfred G. Wilson. In addition, the Wilsons were kicking in $2,000,000 to endow an M.S.U. branch college on the estate that will emphasize both the liberal arts and engineering. Estimated value of the land and the 50-room Wilson mansion: at least...
...money will be supplied by the income from a part of last year's Ford Foundation grant. One portion of the $4,500,000 grant was specified for the purpose of increasing faculty salaries. Of the remaining $1,500,000, part has already been used to endow two professors' chairs. At least $230,000 of the rest will go to the Masters...
...also happens to play fullback.) Generally more important is the screening role that the Club members play, interviewing local applicants to the College and relaying their evaluations to the Admission Office in Cambridge. Thirdly, the Club committees actually raise funds--a national total of $70,000 last year--to endow College scholarships for deserving local students...
...standing in the University community. Since its founding, the group, including former debators H.V. Kaltenborn '09, Clarence B. Randall '12, Arthur N. Holcombe '06, Eaton Professor of Government, emeritus, and A. Chester Hanford '17, Professor of Government and former Dean of the College, has raised $4,400 to endow the Council's activities...
...Florida former (1949-53) Governor Fuller Warren, 50, decided to run again despite his persistent denials of renewed political ambition. Said he: "I feel that the Almighty endowed me with the talent to govern this state." His likely chief opponent: able Governor LeRoy Collins (TIME, Dec. 19), who is filling the unexpired term of the late Governor Dan McCarty and is waiting only for a state Supreme Court decision to endow him with authority to run again under Florida's law forbidding a governor to succeed himself...