Article

BEQUEST FROM BENJAMIN A. KIMBALL '54

November 1920
Article
BEQUEST FROM BENJAMIN A. KIMBALL '54
November 1920

Mr. B. A. Kimball '54, who died last summer, made generous provision for the College in his will. After certain specified bequests have been met the residue of the estate is to be held in trust and to be known as The Benjamin A. Kimball Trust.

In the administration of this fund the College is named as beneficiary in two items. Under the first of these the trustees of the College are to receive six thousand dollars annually to be used to establish and maintain a professorship in Dartmouth College for the study and teaching of the science of administration, to be known as "The Benjamin A. Kimball Professorship of the Science of Administration."

To quote from the document: "the object and function of this professorship shall be constantly to keep contact with, and to interpret in the classroom and through publication, the best procedure in administrative theory and practice, whether exemplified in the management and control of corporate industry or private enterprise, or appearing in governmental functions and practices of nations and their municipal subdivisions. While I wish and intend that a part, at least, of this work shall be incorporated into the college curriculum, in order that it may be of the widest possible influence in directing the minds of college men to the importance of the study of administration as a science, I also wish that the work shall be identified with and supplement the specialized work of the Amos Tuck School of Administration and Finance, in accordance with the ideals expressed in the letters of donation of its founder, Mr. Edward Tuck, who early saw the benefits to be derived from the application of trained minds to such problems."

It is further stipulated that a sum of four thousand dollars shall be paid annually for the purpose of "improving and increasing the efficiency of the methods of teaching offered by Dartmouth College in all its departments, to the end that its students shall receive such mental training and discipline as will best develop their powers for useful and distinguished service in society; and believing that the College, with a student body not exceeding fifteen hundred, including all its departments, will best accomplish its ideals, I direct that no part of said payments shall be used for increasing the physical plant of the College other than for books and apparatus especially adapted to, and required for, the accomplishment of the special object herein provided for."

Finally, in arranging for a pro rata reduction of the charges on the fund in case the income should become insufficient, it is explicitly stipulated that no reduction shall be made in the provision for the Professorship of the Science of Administration and further that of any surplus remaining above the specified charges on the fund, one-half shall be paid to the College to be added to the four thousand dollar ' annuity already mentioned and used for the same purpose.