Word: heald
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Dates: during 1970-1979
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Died. Henry Townley Heald, 71, former president of the Ford Foundation, world's largest, most influential, philanthropic trust; in Winter Park, Fla. The lanky native of Lincoln, Neb., became the first president of the Illinois Institute of Technology, where he served from 1940 to 1952. For the next four years he was chancellor of New York University and helped to unify its many schools and divisions before joining Ford in 1956. Under Heald, grants to education were nearly 50% of the $1.75 billion the Ford Foundation dispensed during the nine years of his presidency. Heald believed that foundations should...