Word: funded
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Dates: during 1940-1949
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Valley Christian's pastor has a direct, put-up-or-shut-up banker's approach to most problems. At the church's annual fund-raising he says: "Give what you think this church is worth to you. If you think it's worth a dime, don't let anybody talk you into giving a dollar...
Last week the Adventists announced at they had signed an agreement with the United Auto Workers (CIO). Adventist auto workers agreed to contribute the monetary equivalent of union dues to a sick-benefit or some other workmen's benevolent fund, and to refrain from backing either side in the event of a strike. In return, they will receive from the union a card exempting them from all dues, meetings and other union activities in any of the U.A.W.'s 900 locals...
Three hundred and seven years ago last October 7 the General Court of Massachusetts Bay Colony turned the Boston-Charleston Ferry over to Harvard. This was the first grant to an endowment fund which is worth just short of $200 millions today. Although most of the 1800 separate funds that make up the endowment are larger and more significant than the two which stem from the 1640 ferry concession, none are more novel, and the growth of the first concession to its current value of $18,000 stands as a miniature example of the rabbit-like multiplication of Harvard...
...until they died. The donations vary in size from several million dollars to one capital gift received last year by the Committee on the Regulation of Athletic Sports for $9.11. Most of the gifts are tied to specific departments and projects, ranging from the Botanical Museum's Oakes Ames Fund for Orchidology to Stillman Infirmary's Free Bed Fund of the Class of 1868. They continue to pour in every year, both in gifts for capital and gifts for immediate use. Last year's capital gifts added up to nearly six million dollars, and the gifts for immediate use totalled...
With the growth in size and intricacy of the endowment fund, the President, who originally was in personal command of most of its involvements, has gradually been relieved of many of his financial duties. The most recent addition to the University's pecuniary crew, which includes the Treasurer and administrative vice-President, is a special adviser to the President. As the special adviser, Richmond Keith Kane '22 sees his job as the discovery of "who is hitting whom for what." In order to gain this knowledge, he must sit midway between the departments, which initiate projects requiring more money...