Word: olney
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...play the role of the ten-pin in this game of financial persuasion. Their work began during last fall's Campaign kickoff, when fund drive officials commissioned a dozen Harvard grads, all New York City businessmen, to meet and brain-storm about possible sources of Big Bucks. William S. Olney '46, director of corporations and foundations in the development office, says this conclave of presidents, board chairmen, and directors tries to woo potential munificent givers by convincing them that by helping Harvard (to distort the old saying), they'll be helping themselves: "Say they approach a major chemical company...
...seven-figure donations from corporations may sound impressive, but Olney estimates that, at best, they'll amount to $20-$25 million. right now, he notes, corporate pledges total only about $3 million. Similarly, foundation solicitations are not likely to produce more than 10 per cent of the goal. Beverly Bennett, director of foundations and development services, says that luring foundations to contribute can prove challenging, since many organizations "are much more interested in giving to programs with a social impact than they are in giving to an unrestricted fund--professorships are not terribly interesting." The foundation-coaxing process thus involves...
...play the role of the ten-pin in this game of financial persuasion. Their work began during last fall's Campaign kickoff, when fund drive officials commissioned a dozen Harvard grads, all New York City businessmen, to meet and brain-storm about possible sources of Big Bucks. William S. Olney '46, director of corporations and foundations in the development office, says this conclave of presidents, board chairmen, and directors tries to woo potential munificent givers by convincing them that by helping Harvard (to distort the old saying), they'll be helping themselves: "Say they approach a major chemical company...
...seven-figure donations from corporations may sound impressive, but Olney estimates that, at best, they'll amount to $20-$25 million. right now, he notes, corporate pledges total only about $3 million. Similarly, foundation solicitations are not likely to produce more than 10 per cent of the goal. Beverly Bennett, director of foundations and development services, says that luring foundations to contribute can prove challenging, since many organizations "are much more interested in giving to programs with a social impact than they are in giving to an unrestricted fund--professorships are not terribly interesting." The foundation-coaxing process thus involves...
...usually only reunion classes feel pressured to beat the previous year's total, the five-year fund drive gives all classes a chance to forge ahead in the money race. The "challenge of giving"--not to mention the "pleasures of tax cuts"--is a theme echoed by many officials. Olney points out that after President Bok visited several strategic sections of the country to prepare them for the upcoming push in spring 1979, he sent out a questionnaire, asking if the alumni he had visited believed the $250 million figure was too high. They...