Word: fund
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Dates: during 1950-1959
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...forth his own program: "First, a substantial increase in the export of capital, both governmental and private, from North America and Western Europe; then, a substantial increase in imports into dollar areas, chiefly the U.S.; and finally, an overhauling of our international financial institutions, principally the International Monetary Fund, to make possible the expansion of world exchange reserves and the provision of more credit where it can be most effective...
...Harvard Fund garners contributions from only a little more than 40 per cent of the alumni contacted each year, while Dartmouth achieves almost 80 per cent, Princeton 70 per cent, and even Yale receives a far higher percentage of givers than Harvard. Though the Harvard contributions are larger on the average than those of any other college, the relatively low percentage of givers should be a matter of concern for the administration...
...insure both receipts and general support from its alumni the Fund should act to achieve a broader base of givers. Each class after '47 has but four agents for solicitation of contributions. Earlier classes have fewer. The Permanent Class Committee must labor mightily to find the four magic individuals who know most of their classmates--especially the affluent ones--and who are either Bostonians or New Yorkers. The small size of the Fund staff prevents the utilization of larger numbers of agents. The dominant belief that agents must be a part of a small happy family in constant contact with...
Harvard College is no longer the exclusive property of Boston or the Northeast; many of its graduates flee yearly to the Provinces. It would seem that a far greater participation in the Fund could be assured if Harvard increased the number of its agents to include at least one from each House, and adopted a regional organization for its solicitation, as is done before the 25th reunion...
Such a program would require an expansion of the Fund office and a sacrifice of some of the close contact that the office maintains with its agents. The loss of the "family atmosphere" of the Fund would, however, result in an important increase in participation by alumni and increased ties with the college...