Word: funds
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Dates: during 1930-1939
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According to statistics on the annual Student Council budget given out last night by J. R. Collins '32, treasurer of the Council, the total receipts so far have reached the sum of $8039.93, which is more than $500 less than last years fund at this time...
Since December, when the Council had received $7319.93, a number of donations to the fund were turned in, boosting the figure by $720, an unusually large return for so short a period. Subtracting the portion which goes to the Phillips Brooks House, there is now $4039.93 available for miscellaneous charities and class expenses. $1500 is the sum which has been voted to charities. The various small charities which are supported will be decided next week. From the remainder a considerable amount will go for the preparation of the class album, which is partially self-supporting. Photographs for the nominees...
Many of the usual charities to which parts of the Student Council Fund is sent will not receive a portion this year. In some cases the charities got shares of the $26,000 collected for distribution by the Students Council during the Dartmouth, Holy Cross, and Yale games. Other charities have been recipients of Cambridge City funds, and other large special donations...
...More than twenty years ago, when the bequest of Gordon McKay was received, the Governing Boards voted to turn the Lawrence Scientific School into a graduate School no one at the time, apparently, observing that this might be inconsistent with a provision in the will that instruction under the fund must be "kept accessible to pupils who have had no other opportunities of previous education than those which the free public schools afford." Later this point was raised, and as the will states that all grades of applied science from the lowest to the highest may be taught, courses were...
...Church bonds amounting to $6,000,000 or more have been defaulted by twelve denominations alone. Church credit, said le, is none too good; church building projects are being held up by Depression. Director Keeler suggested a remedy: let a small group of rich men establish a fund of $10,000,000, to draw 3% interest, to be lent to needy churches on long-term notes at 4%. The Council appointed a committee to study the matter...