Advertisement

Private Donations To The University Are Up This Year

Private donations to the University for 1972-73 are at a higher level than a year ago at this time.

The Alumni Office for the Graduate School of Arts and Sciences has registered the greatest gain in contributions, while the Law School Fund is the only office behind last year's total.

With over $126,000 in donation as of April 2, the GSAS has already exceeded its goal of $100,000 projected for the fiscal year ending this June 30.

Anonymous

Sam A. Lewis, executive director of the GSAS Alumni Office, said that this increase was mainly due to one large, anonymous contribution. He estimated that only 60 per cent of the year's total donations to the GSAS have been made so far.

Advertisement

Wesley E. Burns, director of the Harvard Law School Fund, said that $892,266 has been collected to date, down about ten per cent from last year at this time. "1971-72 was an exceptional year, with a half dozen five-figure contributions," he said. "In light of this we have done well."

Private contributions to both Harvard and Radcliffe increased moderately last year; Harvard is up to $3.2 million from $2.9 million in 1971-72, while Radcliffe has gained $70,000 for a total of $302,000 as of March 31.

Damn Hard Work

While donations at Harvard Business School in 1971-72 were up 20 per cent over the previous year, they have climbed an additional seven per cent this year to $922,000. Russell M. Moore, director of the Harvard Business School Fund attributed the gains to a strong stock market and a lot of "damn hard work by alumni."

Last year private donations accounted for $11.5 million of the University's $204 million in operating expenses.

Recommended Articles

Advertisement