Word: endowments
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Author Gilroy clearly identifies with Timmy, but he does not endow him with heroism, nor does he stain the parents with villainy. Nettie can tryannize one moment and pathetically beg $5 house money in the next. John cuffs his son as if he were a schoolboy, but in the end he helps him make the only correct decision-to leave the vortex of rivalry before he gets swept up in its forces and destroyed...
...Business School announced yesterday that Loeb's firm had provided $100,000 to establish the Loeb-Rhoades Fellowship Fund, which will endow two fellowships annually for students concentrating in finance...
...major effort to find out what other kinds of things work in upgrading the slums, the Ford Foundation last week announced that it will grant $10,800,000 to four universities-Chicago, Harvard, M.I.T. and Columbia-for studies of inner-city problems. The money will allow the universities to endow 14 major chairs in urbanology, provide also for the training of 65 doctoral candidates, 390 graduate students and 390 undergraduates...
...Ford Foundation's $3 million grant to endow five chairs in urban studies at Harvard will boost a long-neglected field. At the least the new professorships will enable the Faculty of Arts and Sciences and several of Harvard's schools to provide more courses in a field that has recently attracted considerable undergraduate and graduate interest. The mere presence of more permanent professors, more courses, more Ph.D. candidates, and more research in urban affairs will agitate public concern for city afflictions...
...past, most private foundations have been reluctant to endow chairs and have preferred to give research money and then left universities gain their own capital. But Ford has apparently come to the conclusion that endowment grants are necessary to build up a field of interest...