Article

Memorial Funds Total A Million

November 1953
Article
Memorial Funds Total A Million
November 1953

AN important milestone in the Class Memorial Funds program was reached last month when total contributions passed $1,000,000 just fifteen years and four months after the Class of 1913 presented the first class memorial gift at its 25th reunion in 1938.

The exact total on October 10 was $1,004,830. Of this amount 3881,758 is actually functioning as endowment, having produced $37,825 for the 1953 Alumni Fund; and the balance of $123,072 now in the hands of the College is the combined total of funds raised by fourteen classes still at work on their campaigns. Total additions to principal during fiscal 1952-53 amounted to $103,617, of which approximately $70,000 was the gift of the Class of 1928. In each of the last four years more than $100,000 has come to the College through the Memorial Funds program.

The five most active classes in the program at present are the Classes of 1939 through 1933, with 1929 hardest at work in this final year before its gift is presented to the College at the 25th reunion of the class next June. Co-chairmen of the 1929 campaign combining the Memorial Fund and Alumni Fund are Jack D. Gunther and George B. Redding.

Last month the Class of 1933 announced the appointment of Donald A. D'Arcy of Dover, N. H., as chairman of its Memorial Fund. Classes as recent as 1947 already have money contributed toward their 25. year gifts, and five classes prior to 1913 have also established funds. In all, 35 classes have shared in the raising of more than a million dollars since 1938.

RECENT PORTRAIT: Painted by Paul Sample '20 (r), a portrait of Harold G. Rugg '06 Associate Librarian Emeritus, now hangs in Baker. The painting was commissioned by the Library staff