1905-06 Volume 30 No 1–5 - Phi Delta Theta Scroll Archive

THE SCROLL. 95While the funds may be employed for denominational schools, they willbe employed without sectarian distinctions. No special denomination willbe particularly favored, but the funds will be open to approved schools ofall denominations, altho they cannot be employed for giving specificallytheological instruction. In distributing the funds the aim will be especiallyto favor those institutions which are well located and which have a localconstituency sufficiently strong and able to insure permanence and power.No attempt will be made to resuscitate moribund schools or to assist institutionswhich are so located that they cannot promise to be permanently useful.Within these limits there are no restrictions as to the use of the income. Itmay be used for endowment, {ox buildings, for current expenses, for debts,for apparatus, or for any other purpose which may be found most serviceable.Following is a list of gifts that Mr. Rockefeller has madeto educational institutions, churches, etc.:University of Chicago$i3,cxx),oooGeneral education board 10,000,000Rush Medical College 6,000,000Baptist missionary fund 2,000,000Institute for Medical Research 1,825,000Barnard College, Columbia University 1,375,000Southern educational fund 1,260,000Harvard University 1,000,000Yale University 1,000,000Teachers' College, Columbia University 500,000Vassar College 400,000Brown University 325,000Cornell University 250,000Newton Theological Seminary 150,000Adelphi College 125,000Columbia University 100,000Syracuse University 100,000Denison University 100,000Furman University 100,000Smith College - 100,000Wellesley College 100,000Y. M. C. A., New York 100,000Y. M. C. A., Brooklyn 100,000University of Nebraska 66,666Indiana University 50,000Y. M. C. k.', Washington, D. C 50,000Minor gifts 1,000,000Prior to 1902 7,000,000To churchesj etc., estimated 3,000,000Total $51,272,666Dr. Wm. R. Harper, president of the University of Chicago,and a member of the general education board underMr. Rockefeller's gift, said in an interview, August 9:There has been a great awakening in the higher education in the last tenyears—even in the last year. In the last six months there has been thegreatest impetus in the history of the world. The recent gifts of Mr. Car-