A $116,900 scholarship grant to Tuck School as part of the Third Century Fund has been announced by Dean Karl A. Hill '38.
The Judson Dunaway Scholarship Fund has been established with gifts of $100,000 from the Judson Dunaway Charitable Foundation of Dover, N. H., and of $16,900 from S. Judson Dunaway. Its importance to the School was underlined by Dean Hill who said Tuck now draws students from 70 colleges, including many from families of modest means. The Judson Dunaway Scholarship Fund stipulates that scholarships, other considerations being equal, go first to New Hampshire and Maine residents.
Mr. Dunaway, until his retirement in 1958, was chief executive officer of Dover's Judson Dunaway Corporation, manufacturers of nationally advertised household products. During World War II he was chief of the retail and wholesale section of the War Production Board's service equipment division and worked closely with Nathaniel G. Burleigh '11, Professor of Industrial Management Emeritus. For a decade after the war Mr. Dunaway was a regular visitor to Tuck School where he lectured on business policy and his field of manufacturing.
The charitable foundation which bears his name was created upon his retirement from business and has benefited many State institutions.