1921 ALUMNI FUND CAMPAIGN STARTS FOR $75,000 GOAL

Plans for the collection of $75,000 for the Alumni Fund on the Tucker Foundation have been completed by the committee elected by the Council of the Alumni, and it is expected that the project will get under way at once. The success of the fund as established in 1914 has been gratifying to the alumni and the college, and although the sum needed this year is larger than ever before the committee has expressed its confidence in the loyalty of the alumni body and its ability to "make the grade."

The custom of the alumni of aiding the College each year in meeting its institutional needs was established by the Tucker Alumni Scholarship and Instruction Fund in 1906. This fund gave place in 1914 to the Alumni Fund on the Tucker Foundation for the purpose of securing annual donations from Dartmouth men to be used for the support and maintenance of the College. According to the vote of the Council at that time the gifts are used, "First, for the establishment of a permanent alumni interest-bearing fund; and second, to increase the funds available for current uses." The annual collections and the income from the permanent fund are appropriated as the Council of the Alumni directs, at least 25 per-cent of such collections and income being added to the permanent fund. The treasurer of the College is the custodian of the fund.

Since the Alumni Fund was established there has been but one year, 1916-17, in which it has not been sufficient to wipe - out the operating deficit of the College. In addition to this, in each of the four years since 1916-17, $5000 has been applied to liquidating the debt on the Alumni Gymnasium, reducing it from $50,000 to $30,000. According to the report of last year's committee the fund for 1919-20 amounted to $55,112.59 contributed by 2803 members, or 45.59 per-cent of the alumni body.

The committee on the fund for 1920-21 consists of the following Council members: Thomas W. Streeter '04, chairman, Edward W. Knight '87, Edward K. Woodworth '97, James A. Vaughn '05, Robert L. Burnap '94, and Lafayette R. Chamberlin '05. Russell R. Larmon '19, Secretary to the President, is acting as executive officer.