Word: institutionalize
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Dates: during 1990-1999
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Since June, Radcliffe has experienced fivehigh-level administrative departures, excludingWilson's. Stories about the institution'suncertain future had surfaced periodically innational media since last April.
"Two billion dollars! And you have people sleeping on the sidewalks outside your famed institution [Harvard]," Davis said.
Radcliffe College and Harvard University are announcing today that the two schools intend to merge fully, ending Radcliffe's 120 years as an independent undergraduate institution.
The signing of a legal contract at an unspecified future date would end Radcliffe's status as an independent institution. Since 1977, Radcliffe has maintained its own land, endowment and an administrative structure answerable only to its own self-perpetuating Board of Trustees.
Harvard's tax-exempt status--a privilege of being an educational institution that the University makes up for with massive "gifts" to Cambridge and Boston--has also been a sticking point recently with some local politicians.