WITH GIFTS from 8,782 Dartmouth men, the Alumni Fund this year achieved the highest record of contributors in its 33-year history. This figure represented not only the greatest number of contributors in the Fund's history, being 839 greater that the previous high mark of last year, but also the greatest percentage of graduates ever to contribute. The proportion of contributors to graduates was 76%, and that to living alumni was 53%. Total contributions of $108,668.01 represented 99% of the objective of $110,000 which was set by the 1938 Fund Committee.
After the deduction of campaign expenses and the addition of income from the Tucker Loan Fund and the General Fund, 1102,083.20 was available to the Alumni Council for current distribution. This sum prevented a College deficit of $73,601.38 for the year 1937-38 and also provided $25,163.07 toward the financing of the Dartmouth Hall reconstruction. Under the terms of the consolidation of the Robert Fletcher Fund with the Alumni Fund, $2,400 was allocated to the Thayer School as a proportion of the gifts of Thayer School men, and in accordance with special arrangements with the Class of 1913 the sum of $918.75, representing the contributions of that class in excess of its quota, was applied to the Class of 1913 Memorial Fund.
AVERAGE GIFT $12.30
The average contribution to the Alumni Fund this year was $12.30 in contrast to $13.45 in 1937. Twenty-nine classes achieved 100% or more of their financial objective, while ten classes had contributions from 100% of their members. The classes which reached or surpassed their quotas were headed by 1879 and included, in order, 1881, 1892, 1887, 1884, 1883, 1889, 1886, 1878, 1901, 1885, 1898, 1894, 1876, 1880, 1913, 1926, -1888, 1930, 191.1, 1914, 1900, 1904, 1906, 1921, 1903, 1882, 1897, and 1919. The classes with perfect records of contributors were 1879, 1901, 1898, 1878, 1921, 1913, 1928, 1900, 1887, and 1884. The Class of 1911 led all others in the amount contributed, with $4,284.50, while 1928 led in the number of contributors, with 446. An important factor in the number of contributors this year was the record of the large, younger classes, 1936 having 317 contributors, 1937 having 316, 1934 having 306, and 1935 having 297.
Chairman of the 1938 Alumni Fund Committee was Sigurd S. Larmon '14 of New York City. Albert I. Dickerson '30 of Hanover was executive secretary, and other members of the Committee were Luther S. Oakes '99 of Minneapolis, Minn.; Edward K. Robinson '04 of Boston; Fletcher R. Andrews '16 of Cleveland Heights, Ohio, who will be chairman of the 1939 Alumni Fund Committee; and Sumner B. Emerson '17 of New York City.