Word: gifted
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Dates: during 1940-1949
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President W. K. Jordan accepted the gift for the college from Mrs. Horace W. Frost, president of the Association. He told the alumnae, and their guests, the Class of 1949, that the sum had been raised "without the aid and stimulus of any large gift...
More than 64 percent of all Annex alumnae contributed to the gift...
...Harvard, like any great privately supported university, badly needs money: but Harvard will accept no gift on the condition, express or implied that it shall compromise its tradition of freedom...
With reason, most U.S. colleges complain about the stormy financial weather they see ahead. Nevertheless, last week a few windfalls blew in: ¶ Massachusetts Institute of Technology received $5,100,000 from alumni. Biggest gift: $1,000,000 from General Motors Board Chairman Alfred P. Sloan Jr., class of '95, for a new metals-processing laboratory...
...John D. Rockefeller Jr., Brown '97, gave $5,000,000 to Harvard for a new Business School classroom building with a string attached: other donors must match his gift by July 1950. ¶ The Old Dominion Foundation (set up by Paul Mellon, Yale '29) gave Yale University and Vassar College $2,000,000 each to finance psychiatric studies...