Edward Tuck Estate Adds $257,715 To Endowment Fund for Instruction

IN 1899 Edward Tuck, Class of 1862, made the first of a series of gifts to Dartmouth that eventually totaled more than three million dollars and made him the most generous benefactor in the history of the College. Fifty-four years later, Mr. Tuck's solicitude for Dartmouth has resulted in the receipt of an additional $257,715. it was made known last month by John F. Meek '33, Vice President and Treasurer of the College, as he presented his annual financial report to the Trustees for 1952-53.

This latest sum, received from the Chase National Bank or New York as trustee under a trust created by Mr. Tuck, represents accumulated income in excess of payments for certain annuities to relatives and friends of Mr. Tuck. In accordance with the terms of the trust this payment has been added to the Edward Tuck En- dowment Fund which supports instruction in all departments of the College.

When added to Mr. Tuck's other gifts of $3,177.500, the sum received this summer raises the grand total of Mr. Tuck's benefactions to Dartmouth to $3435.815. The various funds established by Mr. Tuck have greatly increased in value since he gave them. As of June 30, 1953 they were carried on the College books at $5,144,579. The Edward Tuck Endowment Fund alone, now earned at $4,244,251, produced nearly $200,000 of income for the support of instruction in the undergraduate College and the Amos Tuck School.

Other Tuck Funds are $725,000 for the Tuck School plant, $132,827 for the President's House, and $42,500 for Tuck Drive, all of which were made possible by Mr. Tuck's generosity.

Mr. Tuck, who was the college roommate of President William Jewett Tucker of Dartmouth, died at Monte Carlo in 1938. An internationally known financier, he lived in France for a great many years and was generous in his gifts to that nation as well as to Dartmouth.