Fund Tops $600,000
Breaking all records, the 1952 Alumni Fund went well beyond its goal with a grand total of $611,531. This annual gift to the College exceeds that of all previous Fund drives, topping the high 1951 figure of $577,263 by $34,268. Class agents, regional chairmen and the parents committee, working under the direction of Fund Chairman Kenneth M. Henderson '16, reached 16,146 contributors among the alumni, parents and friends, for a gain of 729 and a new high mark.
Alumni contributions of $534,591 exceeded the 1952 goal of $500,000. Memorial Fund income brought in $32,820 of the total amount, while 644 parents contributed $44,120. With this new record, last year's gains have been consolidated and the Fund firmly grounded at a higher level than ever before.
The greater part of the Fund proceeds were applied against the College's 1951-52 operating expenses. At the suggestion of the Alumni Council, the Trustees are using $30,000 of the surplus to endow an Alumni Fund Scholarship and are adding $45,000 to the Alumni Fund Scholarship Reserve, which was established last year with the 1951 Fund surplus of $75,000.
Parent contributors to the Fund numbered 644, or 285 more than last year, and accounted for 7 Per cent of the Fund total. The gain in alumni contributors of 444 is almost entirely accounted for by the 434 contributors of the Class of 1951. Over-all alumni participation this year was 65 per cent, maintaining Dartmouth's superiority over all other colleges in this respect. The Class of 1923 under Class Agent Leon H. Young led in dollar production, with $20,791, the largest tion any class has ever achieved. Under the agentship of Marvin L. Frederick, the Class of 1915, with a total of $20,153 was the only other class to exceed $20,000, although eight other classes went above $14,000 and 22 classes exceeded $10,000. In all, 39 of the 60 classes bettered their 1951 totals.
The average gift was up 44 cents, to $37.88; the average alumni gift of $34.49 was a slight drop from $34.69 last year.
In the Green Derby contests, the winning classes and agents were. Veteran Classes, 1886, James W. Newton; Group I ('01-'10), 1904, Charles I. Lampee; Group II (11-'19), 1915. Marvin L. Frederick; Group II ('20-'28),1921, Roger C. Wilde; Group IV (29-'37), 1931, William L. Benger; Group V ('39-'46), 1940, Frederick L. Porter; Little Green Derby ('47-'51)' 1951, David H. Hilton.
At a meeting of the Executive Committee of the Trustees of the College on July 22, votes of thanks to all those who made possible the Fund's results, increasingly vital to the growth and maintenance of the College, was incorporated into the records:
VOTED, To accept with gratitude the sum of $611,531.25 from the 1952 Alumni Fund and to express to the many donors the deep appreciation of the College for their loyal and generous support.
VOTED, To express to the Class Agents, Regional Chairmen, Parents Committee, the Alumni Fund staff, and all other workers the deep gratitude of the College for their continued loyalty and generous efforts which have been in large part responsible for the progressively greater success of the Alumni Fund.
