Word: fund
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Dates: during 1960-1969
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Among the accomplishments of the post-war board was the $16.000 building fund of 1946-47 which provided much needed repairs for the Plympton Street headquarters...
Ernest R. May, professor of History, has been named Dean of Harvard College. He replaces Fred L. Glimp 50 who this summer resigned as dean to assume a post as administrative head of a charity fund in Boston...
...early July, Glimp announced that he was resigning from the deanship he had held for two years in order to become executive director of the Committee of the Permanent Charity Fund. At the time, he said, "This just looked like too exciting a thing not to do even though I had mixed feelings about leaving Harvard now or at any time." In recent years, the $70 million fund, which is one of the nation's two largest community foundations, has concentrated on supporting projects to attack urban problems-a trend Glimp said he plans to continue...
...fact, Glimp said, he had decided to accept the charity fund post-vacated by the sudden death of Wilbur J. Bender 27, a former dean of the College and Glimp's mentor at Harvard-on the morning of April 9. Less than two hours after he returned to his Harvard office that morning he was ejected from it by the first wave of students occupying University Hall...
...getting only an interest return on loans, says Washington Economist Miles Colean, "an exposure to equities is like the taste of blood to a young lion." The insurance industry's new look may have an even greater impact on the stock market. If insurers could sell mutual-fund shares to all their 132 million policyholders, they might well generate a torrent of cash. The thought of how much that could lift stock prices is enough to elate some Wall Streeters. The prospect frightens many others. They fear that prices could be driven beyond all relation to underlying values...