Feature

It Adds Up to $13,809,250

January 1954 FORD H. WHELDEN '25
Feature
It Adds Up to $13,809,250
January 1954 FORD H. WHELDEN '25

DIRECTOR OF RESEARCH, DARTMOUTH DEVELOPMENT COUNCIL

IN the Dartmouth fellowship class pride and class solidarity have always been an evident part of the Dartmouth spirit. The Alumni Fund, the Class Memorial Funds, and more recently the Be- quest and Estate Planning Program all have been fundamentally operated by the individual classes. Alumni Fund and Memorial Fund total records have always been available, but other class gifts and individual gifts and bequests had never been fully totaled or credited to classes, and indeed in many cases had not been broken down from gross totals.

Yet a glance at the totals at the bottom of the tabulation of "Total Known Giving by Living Dartmouth Classes" will show that over $6,000,000 not in the Alumni or Memorial Fund categories has been given the College by these 72 "living" classes. The omission of this large total from any record of class giving to the College has now been remedied.

Compilation of the present record has been going on for over three years. It is now presented in the belief that it is as complete and as accurate as could be expected for an essentially new project. It should be considered not in the light of an official financial report, but only as its title suggests - a record of the total known giving credited to those Dartmouth classes which still have members living.

The following wil serve as examples of some of the collective or group funds which have been credited: Fletcher Fund, Gymnasium Fund, New Buildings Fund, Memorial Field Fund, Dartmouth at Moosilauke gifts, regional scholarship funds, class gifts for plant, gifts for the Rowing Club, Yacht Club, or the ski team, gifts for the Hopkins Center Program, and for the new artificial ice plant in the Davis Hockey Rink.

It should be noted at the outset that the record includes credits from nonalumni. There are many gifts from parents. If the father is a Dartmouth man his OWn class is credited. If he is not a Dartmouth man the class of his son is credited. If more than one son is a Dartmouth alumnus each class is credited with its Proportionate share. There are a considerable number of gifts and bequests from wives of Dartmouth men; the credit here, of course, goes to the husband's class. A considerable number of memorials are involved. The class of the donor is credited if he is a Dartmouth man, otherwise the class of the alumnus who is memorialized. By and large the record is one of giving by alumni, but it was felt from the outset that non-alumni gifts should be credited whenever possible. The College is very cognizant of the generosity of the wives, the parents, and the friends of Dartmouth men. The great majority of benefactors unquestionably would wish credit to be given the class of the alumnus in a record of this sort.

The record includes three main credits: Total Current Use Giving, Total Endowment and Plant Giving, and Grand Total Known Giving.

CURRENT Use Giving includes the Alumni Fund cumulative total, income from individual funds set up to provide income for the Alumni Fund, gifts to the Alumni Fund by parents, income from Memorial Funds, class gifts by class-wide collection or from the class treasury, and gifts by individuals.

Examples of gifts from individuals for current use are: gifts for unrestricted use, gifts toward the Moosilauke purchase, to the Friends of the Library, to the Fine Arts Department, for prizes, for a lecture, to the Botany Department, to Dick Hall's House, for loans, to the Thayer School, for a portrait of Bob Strong, to the History Department, to the Museum, for furniture in Baker Library, for the Dartmouth ski team trip to Colorado, to the Library, for scholarships, to the President's Fund, to the Dartmouth Outing Club, to the Music Department, to the Medical School, for Physiological Optics, to the Dean's Fund, for the Summer Camp Baseball Tournament sponsored by the College, for the establishment of a course in Human Relations, for Fellowships, for the Rowing Club, to the German Club, for Student Aid, and for the Health Council.

ENDOWMENT and Plant Giving includes Class Memorial Funds in their principal amount, Class Loan Funds, Class Scholarship Funds, Regional Association Scholarship: Funds, gifts to many Memorial Funds, all individual gifts or bequests to endowment, class gifts and all individual gifts and bequests to plant.

The following will serve as some examples of gifts and bequests made to endowment and plant: the John H. Hinckley (1884) bequest, the Herbert D. Foster (1885) bequest, the Richard C. Campbell (1886) gift and bequest, the Frank E. Gove (1888) bequest, the Fred A. Walker (1888) gifts and bequest, the Sara D. Hazen be- quest (1889), the James B. Reynolds (1890) bequest, the gifts of Mrs. Mary E. Morrison (1890), the Maria K. Gould bequest (1892), the gift of Samuel P. Hunt (1893), the John E. Allen (1894) bequest, the Guy C. Richards (1896) bequest, the Fred F. Locke (1899) bequest, the Percy O. Dorr (1902) Fund, the Morton B. French (1903) Fund, the Carl F. Woods (1904) Fund, the Lucia S. Gray bequest (1904), the Walter B. Small (1905) Fund, the George H. Howard (1907) gifts, the Henry M. Haserot (1910) gifts, the Leslie D. Hawkridge (1911) Fund, the Sigurd S. Larmon (1914) gifts, the Ellsworth B. Buck (1914) memorial to his son, the Enders M. Voorhees (1914) memorial to his mother, the Albert Bradley (1915) gift of the Stefansson Library, the Charles E. Brundage (1916) memorial to his son, the Edwin W. McGowan (1917) memorial to his son, the gifts of Mr. and Mrs. James A. Hamilton (1922), the Harr F. Ranney (1924) Fund, the Ford H. Whelden (1925) memorial to his father, the John H. Davis (1925) gifts, the Albert E. M. Louer (1926) gifts, the Herbert F. Darling (1926) gifts, the Carleton Blunt (1926) gifts, the Joshua A. Davis (1927) gifts, the Leon C. Greenebaum (1927) gifts, the George Welsh III (1930) Memorial gifts, the Kenneth W. Frazer (1931) gifts for the Mitchell Syrek Memorial, the John A. Titcomb (1932) Memorial gifts, the Arnold H. Golding (1934) Memorial gifts, the George Margulis (1935) Memorial gifts, the Robert V. Yeuell (1939) Memorial gifts, the Philip A. Shribman (1941) Memorial gift, the Donald Frothingham, Jr. (1942) Memorial gift, the Walter A. Jacobs (1942) Memorial gifts, the Jacob R. Nunnemacher (1942) Memorial gifts, the Willard E. Tostman (1943) Memorial gift, the William C. S. Remsen (1943) Memorial gifts, and gifts from the parents of Gerard Swope, Jr. (1929), William D. Van Dusen (1932), Howard L. Gilman (1944) and Charles S. Gilman, Jr. (1952), Edward S. Shipper (1948) and Stanley E. Shipper (1951), and George F. Jewett Jr. (1950). These are a few examples of the many hundreds of gifts that are included in the record.

TOTAL Known Giving is the sum of Current Use Giving and Endowment and Plant Giving.

The breakdown for securing all the totals is kept in a master record in Crosby Hall and is available to all alumni. It shows the precise reasons for the totals of the leading classes. Space precludes an explanation of the standings of all the leaders. The totals will be more intelligible, however, if certain facts are cited.

In the field of current use giving it is at once apparent that the Alumni Fund plays a vital part in the large totals of the leaders. Of the four top leaders three are from the large classes which entered Dartmouth after World War I and which have been giving through the Alumni Fund for over a quarter of a century. Only 1907 of the "older" classes is among the top fifteen - the answer lies in gifts totaling 355,000 from one of its members for the improvement of undergraduate instruction.

In the field of endowment and plant giving the picture changes radically. Here nine of the top fifteen are from the "older" classes, while only three classes in the twenties make the select circle. The top ranking of 1913 is due largely to the $612,000 bequest of Sherman B. Ward. In the case of 1906 the Howard C. Davis gifts of over $235,000 and a bequest of over $150,000 by Melusina H. Varick account for a large part of the total. Mr. and Mrs. E. K. Hall's gifts and bequest totaling over $375,000 and the Maria K. Gould bequest of $49,368 provide the bulk of the total in the case of 1892. Of 1884's total of $422,824 more than $384,000 was derived from seven bequests of which the Helen L. Bullard bequest of $362,376 was the largest.

In the field of total giving it is natural to find a number of the "older" classes but it is rather surprising to find five of the fifteen leaders from among the Classes of 1923 through 1930. The men in these classes are, in general, between 45 and 53 years old. Considering the pattern of giving already established in these classes and the fact that all except the Class of 1930 are now actively engaged in the Bequest and Estate Planning Program, it is very evident that the coming years will register great changes in the standings and the total giving column. The Bequest Chairman of one of the classes in the midtwenties believes that his class will provide Dartmouth with between $750,000 and $1,000,000 in the next 35 years. This is exclusive of Alumni Fund contributions in future years. More than forty men in his class have already made provision for Dartmouth.

WHEN it is considered that less thanninety bequests are included in this present entire record of giving by the 72 living classes, the vital importance and the great promise of the Bequest and Estate Planning Program become crystal clear. Except for 1884. no living class has been credited with more than five bequests and 37 of the 72 classes have no bequests in the record. Nine classes have had but two bequests and thirteen have but a single bequest.

In a detailed study of the various leading classes it becomes evident that these classes usually possess two or three individual alumni who have given and in many cases are continuing to give generously to the College. Their gifts may be to family memorial funds, to regional scholarship funds, to funds for general purposes, to funds for compensation of the faculty, or to plant items, i.e. Hopkins Center, Hockey Rink, Dick's House, Davis Field House. In addition there are a number of gifts to the College made through the joint efforts of the class as a whole. Some examples of these are: the Dartmouth Outing Club by the Class of 1900, the Class of 1902 Room and the Class of 1913 Room, both in the Baker Library, the Class of 1884 Loan Fund; the Class of 1885 General Purpose Fund; the Class of 1894 Scholarship Fund; and the Class of 1925 Scholarship Fund.

The record as presented here is corn plete through June 30, 1953- It be brought up to date each year for the information of the alumni. As stated at the beginning of this article, it is to be as complete and accurate as existing records permit. Any additions or corrections that can be supplied will be come. Its future accuracy under our preent system of gift reporting should be as sured. We can be certain that the next decade will bring substantial changes in both class standings and in dollar figure