Word: lampooner
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...Undergraduate Council this year became the first student group at Harvard officially charged with doling out grants to student groups, but another undergraduate organization has in recent years been quietly providing the same service. The Harvard Lampoon, known for its humor and parody publications, donates $15,000 a year to the College for the use of other organizations...
...past three years, the Lampoon has given that sum--earmarked for "artistic events"--to Archie C. Epps III, dean of students, says M.Kent Karlock '84, treasurer of the Lampoon. And since the Lampoon's centennial in 1976, the group has contributed as much as $60,000 annually...
...package for each House, and an additional $2000 to be distributed to undergraduate organizations at Epp's discretion. "Since we had the funds, we thought it would be fitting to give it to some of our sister organizations," says Charles A. Rheault Jr. '45, a former member of the Lampoon Board of Trustees. "The idea was not for us to play the part of a Lady Bountiful...
...principal source of that money is the fantastically successful National Lampoon, which pays royalties each year to the Harvard magazine for the right to call itself "Lampoon." Staffed by former Lampoon members, the commercial publication considers Harvard's Lampoon its conceptual mother; three former editors started the publication over a decade...
Rheault, a Lampoon trustee for the past 20 years, recalls that when the three 'Poonsters made their offer, the Board of Trustees voiced skepticism about the project. "We figured it couldn't hurt, and then two or three years later the money started flowing in," he says, noting that the Harvard organization has received particularly large royalties--computed on a percentage basis--in recent years because of the success of the National Lampoon-produced movie Animal House...