Word: fund
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Dates: during 1950-1959
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...commissions whose teaching and creative work shall not be hampered by departmental considerations. Such professors without portfolio would have to be recruited from scholars who had already proved their worth not only as productive thinkers but as stimulating personalities. The endowment of their chairs should include an adequate research fund which could be spent for assistants or for publications as the incumbent in each case directed...
Reynolds does not expect that the Fund will suffer any permanent loss because of the emphasis on the Program, designed to raise between 75 and 100 million dollars. "The experience of similar funds," he said, "is that they do better after a capital funds campaign," because of increased alumni interest. He did say that the Fund was not expected to do as well as usual during the ten months of particular emphasis on the Program...
...Fund Should Not Suffer...
Until the end of August, 1957, Fund solicitations will continue as usual, and a single letter will be sent out in the spring of 1958 asking for a "token contribution to the Fund, Reynolds said. After June 30, 1958, solicitations will resume as usual, but in the intervening ten months solicitors for the Program will try to see every College alumnus in person, and the Fund will be de-emphasized...
Each class has its own separate Fund appeal, with the money collected by class agents appointed through the Fund Council...