Word: forded
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Dates: during 1950-1959
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...engineering schools are often criticized for being behind the scientific times; their enrollments have stagnated. This week the Ford Foundation, which overlooked the field up to now, marched in with a massive $19.05 million gift to four institutes of technology (Caltech, Carnegie, Case, M.I.T.) and six universities (U.C.L.A., Michigan, Illinois, Purdue, Stanford, Wisconsin). The goal: a sharp boost for pace setters, and so for all U.S. engineering schools...
...engineers into teaching. The rest of the money goes into improving curriculums, notably for new programs (at Case, U.C.L.A.) that concentrate on design as a basic engineering discipline. Biggest beneficiary: M.I.T. ($9,275,000), now developing a curriculum focused on science-core courses that cut across traditional departmental lines. Ford thus hopes, explained Foundation President Henry T. Heald, to encourage engineering schools to impart "a thorough understanding of science and mathematics, their frontiers, and how they may be applied to the needs of mankind...
...share for the nation's biggest electrical-equipment firm. Giant International Business Machines had a nine-month profit of $102 million, up 10%. Drugs, retailing and food companies all were up, with cheery reports from R. H. Macy & Co., Upjohn Co., Kroger Co. Ford Motor was doing so well that it declared a 60? extra dividend, the first since public sale of its stock...
Adlai Stevenson made a supposedly "non-political" whirlwind tour of the College yesterday, admiring the architecture of Quincy House and the talk of host David Riesman '31, Henry Ford II Professor of Social Sciences, and then doing a little politicking in the semi-sacred precincts of the Faculty Club...
...change led to the expansion of NSA's international activities in the early fifties. A major factor in the success of the international program was the new respectibility which NSA had acquired. A large grant of money by the Ford Foundation testified to the stable character of the Association, and opened the doors to later grants by all the major foundations...