Famous Givers and Their GiftsBolton, Sarah Knowles
History
Famous Givers and Their Gifts
Bolton, Sarah Knowles
Philanthropists
Mr. Rockefeller's third gift was made in February, 1892, "one thousand
five per cent bonds of the par value of one million dollars," for the
further endowment of instruction. In December of the same year he gave
an equal amount for endowment, "one thousand thousand-dollar five per
cent bonds." In June, 1893 he gave $150,000; the next year, December,
1894, in cash, $675,000. On Jan. 1, 1896, another million, promising two
millions more on condition that the University should also raise two
millions. Half of this sum was obtained at once through the gift of
Miss Helen Culver. In her letter to the trustees of the University, she
says, "The whole gift shall be devoted to the increase and spread of
knowledge within the field of biological science.... Among the motives
prompting this gift is the desire to carry out the ideas, and to honor
the memory, of Mr. Charles J. Hull, who was for a considerable time a
member of the Board of Trustees of the old University of Chicago."
Miss Culver is a cousin of the late Mr. Hull, who left her his millions
for philanthropic purposes. Their home for many years was the mansion
since known as Hull House.
The University of Chicago has been fortunate in other gifts. Mr. S. A.
Kent of Chicago gave the Kent Chemical Laboratory, costing $235,000,
opened Jan. 1, 1894. The Ryerson Physical Laboratory, costing $225,000,
opened July 2, 1894, was the gift of Mr. Martin A. Ryerson, as a
memorial to his father. Mrs. Caroline Haskell gave $100,000 for the
Haskell Oriental Museum, as a memorial of her husband, Mr. Frederick
Haskell. There will be rooms for Egyptian, Babylonian, Greek, Hebrew,
and other collections. Mr. George C. Walker, $130,000 for the Walker
Museum for geological and anthropological specimens; Mr. Charles T.
Yerkes, nearly a half million for the Yerkes Observatory and forty-inch
telescope; Mrs. N. S. Foster, Mrs. Henrietta Snell, Mrs. Mary Beecher,
and Mrs. Elizabeth G. Kelley have each given $50,000, or more, for
dormitories. It is expected that half a million will be realized from
the estate of William B. Ogden for "The Ogden (graduate) School of
Science." The first payment has amounted to half that sum. Considerably
over $10,000,000 have been given to the University. The total endowment
is over $6,000,000.
Public-domain text, read in full here on John Shaqi.
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