Word: trust
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Dates: during 1950-1959
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While no decision has been made concerning the use of the new allotment, spokesmen for several of the departments which will benefit from the Trust said last night that they expect the money to be put to "similar uses as in past years...
Course reduction study, of course, necessitates trust on the faculty's part that a student will put in honest work at his project. Students who win departmental approval and the permission of the Advanced Standing Office have, however, normally proved their merit and scholastic maturity. According to a recent poll answered by the approximately fifty students working with course reduction, practically all of the group concurred that independent study had been one of their most stimulating academic experiences. Aside from the intrinsic value of what they had learned, most found the opportunity for unsupervised work highly rewarding. The course reduction...
...grant of $390,000 has been allocated to the University by the Eugene Higgins Scientific Trust, trustees of the fund announced in New York City yesterday. The total grant of more than $1.5 million will be divided equally among Columbia, Yale, Princeton and Harvard...
Higgins, who died in 1948, stipulated in his will that his residuary estate be distributed among the four universities to "promote the general advancement of science by investigation, research and experiment." Since the establishment of the Trust, more than $11 million has been given to the universities...
Since Ochs's death in 1935, the family has kept control of the tightly held company through his trust. (In all, the Times has fewer than 200 stockholders.) But with the passage of years, as Publisher Arthur Hays Sulzberger, 66, son-in-law of Publisher Ochs, explained in his statement, "estates owning Times stock have been distributed, and as a result, more and more individuals, including the trustees of educational and charitable institutions, have a legitimate interest in seeing our reports...