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Strings Attached: How Harvard’s Wealthiest Alumni Are Reshaping University Giving
Contributions to the Harvard Fund totalled $184,362 during the past year, it was announced yesterday by D. T. W. McCord '21, executive secretary of the Fund Council. The gifts came from 5,639 men, a marked increase Alumni gave $152,285.
The Harvard Fund was established three years ago to give the University an unrestricted source of income, to be used for any purposes the Corporation might see fit. The only exception is that men who are affiliated with a graduate school only can specify that their contribution be credited to that particular school.
The Fund is controlled by a Fund Council of 30 men, of whom the following five were recently elected: R. G. Fessenden '90, E. P. Joslin M.D. '95, S. H. Wolcott '03, Elihu Root, Jr., L.L.B. '06, H. S. Vanderbilt '07, and Mackey Wells '08.
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