Word: funds
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Dates: during 1980-1989
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Unbelievably, this part of the bill claims that condo sales would generate new property tax revenues which could be isolated from other tax revenues and placed in a trust fund for subsidies and rental housing construction. This section contains several misconceptions...
Proposition 3 would set aside two-thirds of the tax revenues raised by the sale of rent-controlled apartments and place it in a special fund to support affordable housing...
...raising money through the investment of its $85 million endowment, Radcliffe seeks donations from its graduates to help finance its yearly expenditures. But these donations to Radcliffe have diminished recently : because women who graduated after 1975, when Harvard and Radcliffe merged their admissions offices, give to a Harvard-Radcliffe fund, most of which goes to the University endowment...
Under the current arrangement with Harvard, Radcliffe pays all of its tuition money to Harvard in exchange for the University's overseeing admissions, undergraduate education and the Quad houses. In addition, the small percentage of money that Radcliffe does receive from the Harvard-Radcliffe fund goes right back to the financial aid office instead of contributing to Radcliffe's annual expenses...
International Business Machines Corporation (IBM) announced last week that the company will establish a $2 million scholarship fund for three Boston Latin School seniors who plan to attend Harvard and a fourth who will go to another school...