Word: gifted
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Dates: during 1950-1959
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Under the Harvard Fund, which took over the management of the 25-year gift in 1925, the mechanics of the drives was improved. Each year the donations from various members of the classes would be placed in a bank to accumulate interest towards the final campaign goal. At the end of the twenty-five year period, the total accumulation would represent the classes' reunion donation...
Over the past thirty years, the reunion gift has gradually grown, although it did experience a drop back to the $100,000 level during the depression years. In the last two years, the classes of 1929 and 1930 have given approximately $300,000 each, even though they were originally the "depression classes" which first claimed they were too poor to contribute much to their reunion fund. Present figures indicate that the Class of 1931 is well on its way to reaching the $300,000 goal for next year...
...though the library is climbing up to par and the college has about the proper proportion of Ph.D.'s on its faculty, it cannot approach the association until Langston balances his budget. But where will the money come from? One corporation recently with drew a promised gift of $12,500 because Eureka was not accredited. The Ford Foundation's big ($260 million) windfall specifically excluded nonregionally accredited campuses...
House librarians believed that the gift would be very helpful but felt that the situation was not as serious as Horne believed. They stressed the fact that science books were usually more expensive than others and pointed out that they were soon out of date...
...gift, the first by an undergraduate organization to the Houses, will be divided among the eight House libraries and Radcliffe...