Salt Lake Tribune | 1919-10-01 | Page 14 | Endowment Fund for Harvard Grows

ENDOWMENT FUND FOR HARVARD GROWS NEW YORK. Sept. 30. Nearly one million mil-lion dollars has been raised in two days for Harvard university's SI 4.000,000 endowment en-dowment fund, a large part of which is to be used in increasing the salaries of professors and instructors, it was announced an-nounced here today. The first day saw ?343,2S0 subscribed and today's total amounted to ?'.'.(i2,2r.0. A member of the class of '96 contriuuted a round 100, 000, as did Thomas V. Lament La-ment of J. P. Morgan & Company. President Presi-dent Lowell of Harvard and F.llot Y ads-worth, ads-worth, chairman of the fund's executive committee, gave 52:,,O0u each. CAMBRIDGE. Mass., Sept. CO.T'ne gift of President A. Lawrence Lowell to ilie Harvard endowment fund is two and one-half times the amount be receives, each year from the university. The salary sal-ary of the president of Harvard university 1 is 's 10,000. President Lowell, who has independent means, is ,inuierstood to have made a practice of' contributing each year toward the salaries of various professors.