Chapter XII - 1451k - the University Offices - University of Cambridge

884 TRUST EMOLUMENTS
Research
Fellowships.
Applications.
Tenure.
Stipend.
Grants.
Unexpended
income.
for the election of a Research Fellow shall be valid unless passed by at least four of the Managers at
a meeting to which all the Managers have been summoned, provided that
(a) if the Pitt Professor is a Manager, the number of votes required shall be increased by one;
(b) if either the Regius Professor or the Paul Mellon Professor is Chairman of the Faculty Board,
the number of votes required shall be reduced by one.
3. The first charge on the Fund shall be the stipends of one or more Mellon Research Fellows who
shall engage in original research in American history which for this purpose shall be defined as the
history of the United States of America from its colonial beginnings.
4. The Managers shall publish before the division of each Lent Term a Notice of the date by which
applications for a Mellon Research Fellowship shall be submitted to them, and the manner in which
such applications shall be made. The names of successful candidates shall be published not later than
30 June next following.
5. A Mellon Research Fellowship shall be tenable for a minimum period of one year, which may
be extended by the Managers, provided that the tenure of a Fellowship shall not exceed four years in
all.
6. The stipend of a Mellon Research Fellow shall be determined by the General Board on the
recommendation of the Managers.
7. After provision has been made for the Mellon Research Fellowships the Managers shall be
empowered to make grants to visiting scholars, Graduate Students, or other members of the University
not in statu pupillari, for the furtherance of research in American history as defined in Regulation 3.
8. Any unexpended income may be added either to the capital of the Fund or accumulated for use
as income in subsequent years as the Managers may determine.
Fund.
Managers.
Purpose.
PAUL MELLON FUND
1. The moneys received by the University under the Will of Paul Mellon, Hon. K.B.E., M.A., Hon.
LL.D., of Clare College, shall form a fund called the Paul Mellon Fund.
2. The Managers of the Fund shall be the Fitzwilliam Museum Syndicate.
3. The capital and income of the Fund shall be available, at the discretion of the Managers for any
purpose of the Museum, including:
(a) the provision of buildings, or the improvement of buildings;
(b) the preservation and maintenance of the collections including the employment of curatorial staff
for that purpose.
Fund.
Managers.
Purpose.
PAUL MELLON DISCRETIONARY FUND
1. The moneys received by the University at the discretion of the Executors of the Will of Paul
Mellon, Hon. K.B.E., M.A., Hon. LL.D. of Clare College shall form a fund called the Paul Mellon
Discretionary Fund.
2. The Managers of the Fund shall be the Fitzwilliam Museum Syndicate, acting on the
recommendations of the Director of the Museum with the concurrence of the Executors and their
successors.
3. The income of the Fund shall be available for the following purposes:
(a) the planning and implementation of temporary exhibitions at the Museum, especially those that
draw upon the permanent collections of the University and the Colleges of the University;
(b) the production costs of publications for or by the Museum, especially those relating to its
collections;
(c) educational programmes planned and implemented at the Museum, to encourage wider participation
and appreciation of its collections; and
(d) refurbishing galleries used to display the permanent collection, to include such non-structural
elements as wall coverings, display furniture, and light fittings, to ensure that high standards are
maintained in the appearance of the galleries and the display of their contents.