Word: fund
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Dates: during 1950-1959
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Although the committee had not intended to publish a report of club conditions until the start of the spring term, the announcement of the new fund drive in President Pusey's report to the Overseers convinced them to make their suggestions earlier. The committee was also disturbed by an absence in the Report to the Overseers of plans for a new activities center...
...wait until mid-September, aim his campaign to reach its peak in the latter half of October, then sustain the high pitch right up to election day. With the geography and the basic strategy settled, he gathered a staff of aides-most of them tested in the "Nixon Fund" days of the 1952 campaign-and directed them by his personal example of efficiency, industry and energy...
...Council not only mirrors student opinion and works closely with the Administration, but, most important, it approves the budgets and distributes funds for the many undergraduate organizations. Each student contributes a stipulated amount to a Men's Contingency Fund, from which the Council doles out money to extra-curricular activities. Although organizations can raise money on their own, the groups are in fact dependent on the Council for their existence...
These words of President Pusey at the opening of what promises to be the largest fund drive in Harvard history seem particularly apt. From its inception in 1636 to today's announcement, Harvard has been attempting to perfect itself, sometimes in one direction, sometimes in another, sometimes actively, sometimes not. But in the sum total of these movements lies the story of Harvard's growth from a small college in a cow pasture into one of the great universities of the modern world...
Numerous expedients, providing an interesting comparison with today's high-powered fund drives, were used to raise money. Harvard had no endowment at the time, but the General Court of Massachusetts granted the revenues of the Boston-Charlestown ferry to the College. This amounted to about 30 pounds a year, mostly in fake wampum. More money came from gifts and, sometimes, from community subscriptions. But the chief source of revenue was the plain generosity of the people of New England. From 1644 to 1652 enough families contributed a peck of wheat or a shilling of money to support the entire...