$150,000 Combined Fund for 1929

The Class of 1929, establishers of a family reunion attendance record of 650 persons, set another mark for following classes to shoot at when it raised a Combined Fund of $150,100 as part of its 25th Reunion observance. Added to previous financial support of the College through the Alumni Fund, this brings to more than $294,000 the total given by the class.

President Dickey, himself a participant in '29's achievement, accepted the class gift in behalf of the College at the 1929 reunion banquet on Saturday evening, June 12. The presentation was made jointly by Jack D. Gunther, chairman of the 1929 Memorial Fund, and George B. Redding, class agent for the Alumni Fund, who worked together this past year to direct the raising of the greater part of the 25-Year Combined Fund.

Contributors to the 1929 class fund totaled 450 men, or approximately 75 percent of all living members of the class. The participation record of graduates in the class was 83 percent, and the average gift was $333. In contrast to the large class gifts made to the College in recent years, the 1929 total was almost entirely a cash gift; only $2600 was in the form of pledges. Another notable factor was the spread in giving; one gift of $10,000 was included in the 1929 total, but there was only one at that level and the class achievement was the result of a "terrific response right across the board," in the words of Co-Chairman Gunther.

Of the Combined Fund of $150,100, the sum of $16,510 was applied to meet the 1929 objective in the 1954 Alumni Fund campaign and $15,200 was applied to the 25-Year Class Book. The remainder of approximately $118,000 constitutes the 1929 Class Memorial Fund. This is the second largest Memorial Fund to date, being exceeded by the $126,000 presented by the Class of 1926 at its 25th reunion in 1951, when a total of $141,000 was raised by '26 for the Memorial Fund and Alumni Fund combined.

A $150,000 Hug: President Dickey embraced by Jack Gunther at '29 fund presentation.