Word: puseys
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Dates: during 1970-1979
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Stillman's donation came in an era of an expanding national economy when former President Nathan M. Pusey '28 could easily tap great fortunes for large' scale development. But "Harvard's ability to call on wealthy alumni is rapidly nearing an end" one University fundraiser says, and Treasurer George Putnam Jr. '49 now concedes that Harvard currently faces "the hard realities of an acute financial bind where there now exists a need for hard choices...
...When Pusey gained office, he undertook the first massive fundraising effort which would radically change the structure of the University. Pusey inherited the sad financial legacy of the Conant years, during which the one major fund drive, the Tercentenary, attempted in 1936 in the middle of the Depression, was a tremendous failure. As a result of the generally poor state of fundraising, Conant attempted cut back faculty positions. The furor these cuts stirred near toppled the Conant administration...
Thus when Pusey moved into Mass Hall, he recognized that fundraising would be a major factor in his administration. Pusey was convinced that American higher education had to get on a higher financial plateau if it was ever to satisfy burgeoning educational needs and provide the scholarships to make Harvard a national university...
...Pusey began an extensive study of the University's needs and coaxed Faculty dean McGeorge Bundy and the Harvard Corporation into backing a huge $82.5 million general fund drive--The Program for Harvard College--to be kicked-off once a $6 million drive for the Divinity School started by Conant was completed...
Kilbridge took over as acting dean in the fall of 1969, a Business School economist who had specialized in applying analytical techniques to urban problems. Kilbridge was not President Nathan M. Pusey's first choice to fill the position permanently; originally only a baby sitter, Kilbridge ascended to the permanent deanship after Pusey had received a round of "no, thank you's" from several more attractive candidates...