Word: leese
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Nelson C. Lees, director of resource planning for MIT, said yesterday that the drive would take about five years, and focus on individuals, foundations, and corporations.
Lees described prospects for reaching the drive's goal as "excellent."
MIT plans to devote $100 million of the drive to its regular endowment of $335 million, $43.2 million to new programs such as energy and health services, and $61.8 million to new and renovated facilities, leaving $20 million for discretionary funds, Lees said.
Lees said the drive will rely more heavily on "corporate and foundation areas" than past MIT campaigns.
The Lees can collect as many as 500 cans a day, which they sell for about $20 to a salvage dealer near their home in San Diego. But they profess not to be worried about the low monetary return. Says Clemert Lee: "Cleaning up America is better than sitting at...