Carnegie Fund for Retired Professors

Mr. Andrew Carnegie, of New York, has established a fund of $10,000,000 to provide annuities for professers in the universities, colleges and technical schools of the United States, Canada and Newfoundland, who are unable to continue in active service. A board of trustees will have charge of the fund, which has an annual income of about $500,000. At the first meeting of this board to be held on November 15 Dr. Pritchett, president of the Massachusetts Institute of Technology, and Mr. F. A. Vanderlip will present data in regard to the subject.

Among the trustees are President Eliot, President A. T. Hadley, of Yale; President Woodrow Wilson, of Princeton; President H. C. King P.'83, of Oberlin College; President C. F. Thwing '76, of the Western Reserve University, and Dr. H. S. Pritchett, president of the Massachusetts Institute of Technology.