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Strings Attached: How Harvard’s Wealthiest Alumni Are Reshaping University Giving
Announcement of the creation by Edward S. Harkness of a trust of $10,000,000 to be used "for charitable work in Great Britain" was made yesterday in London. The board of trustees, including Stanley Baldwin, former premier; John Buchan, novelist; and Sir Josiah Stamp, economist, will meet soon to determine the disposition of the money.
Harkness, who avoided publicity about the gift, has given $15,000,000 to Yale, $12,000,000 for the Harvard House Plan and $11,125,000 to various organizations for charity.
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