Word: fund
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Dates: during 1950-1959
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Last week Duane Hurley was at the head of a new crusade to solve the curious problem confronting these non-accredited campuses. As chairman of a group tentatively called the Fund for the Forgotten Colleges, he has made a survey of his fellow sufferers, found that many of them are facing the same dilemma. Rarely will a corporation or foundation give money to a nonaccredited college, but without that money, the college usually cannot meet the standards of its regional association. "It would seem," says Hurley, "like a vicious circle. You need accreditation to get money, and money...
...something like not having a union label on your product, or the approval seal of the fire underwriters." A Shurtleff coed cannot join a national sorority or be a member of the American Association of University Women. Even worse, the college has already had to resign from the fund-raising Associated Colleges of Illinois. Yet Baptist Shurtleff has managed to make considerable contribution over the years. Among its alumni four college presidents, 112 college and university teachers, 240 Baptist ministers, 30% of the public school teachers in Alton...
Under its new plan the contribution made by Yale to a retirement fund will be increased from five to ten precent of each faculty member's salary. The individual professor will not be required to contribute more than the five percent he is paying at present...
...Cambridge's most prominent citizens, Mrs. Eleanore B.R. McCord, died last night at the age of 93. She is the mother of David T. W. McCord '21, Executive Secretary of the Harvard Fund Council...
...University of Texas swims in a $240,000,000 endowment fund, a respectable sum which will grow so long as the University's oil and natural gas holdings are profitable. When the University's student paper, The Daily Texan, ran editorials early this month decrying the Fulbright-Harris bill as a giveaway to oil and gas interests, the Texas Board of Regents was upset...