Gifts and Bequests for Past Year Total More Than Two Million

GIFTS and bequests to Dartmouth in the fiscal year ended June 30, 1955, were the largest received by the College since 1929 — a total of $2,267,279.

More than $1,000,000 was added to the endowment funds of the College. This was the third time since the end of World War II that over $1,000,000 has been added to endowment in a single fiscal year. Previous to World War II only four fiscal years had brought over $1,000,000 - 1926, 1929. 1930 and 1941.

New all-time highs were recorded in total gifts for current use and in the net total received from the Alumni Fund. The latter again provided over 30% of the grand total of gifts and bequests. In fact, two campaigns, the Alumni Fund campaign and the Memorial Fund campaign, are now annually nearing the $1,000,000 mark. The gross amount received by the Alumni Fund in 1955 was $774,859 while $161,407 was added to Memorial Funds, a total of $936,267.

There were five bequests of $10,000 or more:

Carl M. Owen '01 to establish the Carl M. Owen Scholarship Fund - $50,000.

Anton A. Raven, Honorary 1937, to establish the Anton A. Raven Fund - $38,000.

Alice L. Hodgkins to establish the Lemuel G. Hodgkins 1900 Scholarship Fund - $25,000.

Anton A. Raven Trust u/w Winifred S. Raven to establish the Winifred S. Raven Fund - $17,023.

Dorothy Cleaveland to establish the Dorothy Cleaveland Memorial Scholarship Fund - $10,000.

The College received a total of $61,368 as income from trusts in the hands of others.

Of the sixteen largest gifts from individuals twelve came from alumni; one from an alumnus, his wife and his father; and one from a parent with two Dartmouth sons.

Of the eighteen largest gifts from individuals fifteen came from alumni and one from a parent with two Dartmouth sons:

Anonymous Alumnus, to be added to Fund #16 - $186,712.

Anonymous Alumnus, to be added to the Aldebaran Scholarship Fund — $64,229.

Albert Bradley '15, for later designation $59-53.

Anonymous Alumnus, to be added to the Class of 1914 Scholarship Fund — $51,721.

Anonymous Alumnus, for Current Use - $48,000.

Anonymous Donor, to be added to Fund #24 - $28,000.

Charles Gilman, to establish the Gilman '42-'52 Fund — $25,000.

Louis E. Leverone '04, to establish the Louis E. Leverone Fund in support of the William Jewett Tucker Foundation - $25,000.

Orvil W. Smith '03, to be added to the Orvil W. Smith Fund - $20,906.

Anonymous Alumnus, to be added to Fund #5 - $17,787.

Mr. and Mrs. Charles F. Kettering II '53 and Eugene W. Kettering, to be added to the Kettering Scholarship Fund - $15,000.

John C. Sterling '11 and Katherine C. Sterling, to establish the John C. and Katherine C. Sterling Daniel Webster Scholarship Fund - $15,000.

Kent H. Smith '15, to be added to the Kent H. Smith Fund - $13,401.

Anonymous Alumnus, to be added to the 1923 Memorial Fund - $11,483.

J. Widman Bertch '23, to establish the J. Widman Bertch Scholarship Fund — 511,175.

Huntley N. Spaulding, Honorary 1927, to establish the Huntley N. Spaulding Daniel Webster Scholarship Fund - $10,000.

Mr. and Mrs. Arthur J. Cohen '03, to be added to the Arthur J. Cohen Jr. 1937 Memorial Scholarship Fund - $9,987.

Philip H. Chase '07 and Frederick Chase '05, to establish the Professor Stephen Chase, Sarah T. Goodwin, his wife; Treasurer Frederick Chase, Mary F. Pomeroy, his wife. Memorial - $9,234.

Among the larger grants from foundations were the following:

Alfred P. Sloan Foundation, Inc., for Scholarships and for Tuck School Research - $67,340.

Fund for the Advancement of Education for the Internship Program - $35,000. Carnegie Corporation of New York for Research

in Civil-Military Relations and for the Russian Studies Program - $32,500.

Carnegie Foundation for Retiring Allowances - $31,498.

National Science Foundation for research projects in Engineering, Physics, Geology and Mathematics - $30,900.

The Rockefeller Foundation for research projects - 127,383.

Corporate gifts to the College were at a new all-time high. A total of $76,380 came in the form of corporation gifts.

Summary For Endowment $1,012,412 For Plant 3,254 For Current Use 534,332 Alumni Fund: For Current Use and Endowment 717.281 $2,267,279