Word: fund
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Dates: during 1920-1929
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...help provide these means, the Harvard Fund was first considered in 1919. In 1923 the plan of the Harvard Fund was authorized jointly by the Harvard Alumni Association and the Associated Harvard Clubs. With the approval of the President and Fellows and the Board of Overseers, and with the appointment of the members of the Harvard Fund Council, the Fund has now been established...
...primary considerations governing the establishment and administration of the Harvard Fund are these...
...That the money annually raised for the Harvard fund shall be paid into the Treasury of the University without restriction as to its use, and with entire freedom on the part of the Corporation to use the Fund as it may determine...
...Fund Is Perpetual
...Harvard Fund is intended to operate, not for any one day or generation, but for all time. It is entirely dissociated from any idea of a "campaign" or a "drive" and should have about it nothing that is either formidable or forbidding. Its sovereign importance is that it shall exist in perpetuity to receive annually whatever a graduate may care to give. The very idea of unrestricted funds precludes any suggestion of fixed amount: There is, and will be, no quota. If the number of men contributing is satisfactorily large, the aggregate amount contributed will undoubtedly be satisfactory also...