Word: fund
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Dates: during 1950-1959
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...graduate traditionally list not only his achievements but his prejudices, cants, and religious eccentricities. Typical of these illuminating self-portraits is the periodic alumni record of Alexander Moss White '25, the New York investment banker and museum executive who was recently appointed to head the University's three-year fund drive. The image, as one friend pointed out, "is just what you would expect of a man who is entrusted with raising a hundred million dollars...
While the Advocate faces four months in the cold now, matters were even grimmer a few weeks ago when the fund drive stalled $15,000 short of the necessary $45,000. A loan from graduate editors solved the problem late last week...
...Program for Harvard College hopes to raise between $75 million and $100 million in its fund drive, Alexander M. White '25, chairman of the recently-announced program said yesterday...
...generation," says Pusey, "the difficulties of financing higher education have increased substantially. Twenty-five years ago income from that part of Harvard's endowment fund which belongs to the college met 47% of the cost of operating the college. Last year this income met less than 27% ... Though the amount of endowment has considerably increased, and the income from it has doubled in 25 years, the significant fact is that during this period the costs of operating the college have quadrupled . .. President Lowell said in 1921, 'Universities, if successful, must be beggars, and the better work they...
...Twentieth Century Fund President Adolf A. Berle Jr., FDR braintruster who was among the first to recognize the new nature of capitalism, the "humorous paradox" of the new conservatism is that "our ancestors feared that corporations had no conscience. We are treated to the colder, more modern fear that perhaps they do." The fear is that, without an adequate philosophy to shape its generosity, big business may erect a vast new paternalism as sterile as the welfare state. In education, some observers argue that corporate coddling may stifle the independent academic spirit...