Word: funds
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Dates: during 1930-1939
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...follows the Faculty system, the new plan will probably mean that employees on the payroll who have annual incomes below $2000 shall contribute about two to five percent monthly on their salaries towards a fund realizable on retirement in the 60's. In the event of death, the money goes to the employee's family...
...Fund-Raiser Tamblyn points out that since 1932 the U. S. national income has gained 33.9%, while private educational income has dropped 28.5%. Since 1934, educational income has recovered just ½%. To articulate the extent to which Depression has damaged the nation's $3,000,000,000 private educational plant, Mr. Tamblyn quotes from a U. S. Office of Education survey of 588 private secondary schools and colleges. While average expenditures between 1929 and 1935 dropped from $417,983 to $346,572, average total income fell even further, from $476,200 to $297,603. The average U. S. private...
...Fund-raising as a business dates from the great money drives of War days. George Olver Tamblyn (Colgate 1903) was membership extension director of the Atlantic Division of the Red Cross when he met John Crosby Brown (Yale 1915), scion of the banking Brown brothers, son of Union Theological Seminary's onetime Professor William Adams Brown who married Anne Spencer Morrow to Charles Augustus Lindbergh. After conducting money drives for the Red Cross in 1920, they formed Tamblyn & Brown, a firm which prosperously endured until two years ago when the partners quarreled. Mr. Brown now runs Tamblyn & Brown...
Once the campaign is under way the fund-raiser keeps discreetly in the background. Literature is mailed under the college letterhead from a separate office engaged for the campaign, so that many contributors never realize that an outsider is involved. A corps of personal interviewers is organized from among alumni and friends of the institution and armed by the fund-raiser with names and arguments. Colleges are not so shy as they used to be about hiring outside fund-raising help, but the prejudice against it persists. Princeton has engaged John Price Jones and Tamblyn & Brown to make preliminary studies...
...Christmas present last week. With the two previous bonuses paid this year Chrysler will have paid out $8,300,000 in extra compensation in 1936, equivalent to nearly $2 per share on Chrysler stock and from $105 to $155 for each Chrysler worker. Few"appreciation fund" to be distributed to all employes earning up to $2,400. Individual bonuses will range from $35 to $60. At the same time General Motors raised wage scales 5? per hour...