The Bay State Monthly — Volume 1, No. 4, April, 1884Various
History
The Bay State Monthly — Volume 1, No. 4, April, 1884
Various
Massachusetts -- Periodicals; New England -- Periodicals
The generosity of the American people, in the making of gifts to their
institutions of learning, is munificent. The generosity is keeping pace
with the increase of wealth. In 1847, Abbott Lawrence gave fifty
thousand dollars to Harvard University, to found the school of science
which now bears his name. This gift is declared to be "the largest
amount ever given at one time, during the lifetime of the donor, to any
public institution in this country." But since the year 1847, it is
probable that not less than fifty millions of dollars have been donated
by individuals to educational institutions. In several instances, gifts,
each approaching, or even exceeding, a million of dollars, have been
bestowed. The Baltimore merchant, Johns Hopkins, gave not less than
three millions of dollars to a great university, which, like Harvard,
bears the name of its founder. Henry W. Sage and Ezra Cornell
contributed more than a million to the endowment of Cornell University.
The gifts of Amasa Stone to the Adelbert University at Cleveland
aggregate more than half a million. Since 1864, Ario Pardee has given to
Lafayette College more than five hundred thousand dollars; and the
donations of John C. Green to Princeton aggregate toward a million of
dollars. Alexander Agassiz, worthy son of a worthy father, has donated
more than a quarter of a million of dollars to the equipment of the
Museum of Comparative Zoology and Anatomy which his father founded.
Joseph E. Sheffield endowed the scientific school at New Haven which
bears his name. The late Nathaniel Thayer, of Boston, contributed about
two hundred and fifty thousand dollars to Harvard. Among various
institutions in the West, South, and North, Mrs. Valeria G. Stone, of
Maiden, Massachusetts, has, within the last five years, distributed more
than a million of dollars. George Peabody's benevolences amount to eight
millions of dollars, about one fourth of which forms the Southern
Educational Fund, and about one eighth endowed the Peabody Institute at
Baltimore. John F. Slater gave a million of dollars to the cause of
Southern education. The amounts contributed to college and university
education in the last ten years may be thus summarized:[A]
1872 $6,282,461
1873 8,238,141
1874 1,845,354
1875 2,703,650
1876 2,743,348
1877 1,273,991
1878 1,389,633
1879 3,878,648
1880 2,666,571
1881 4,601,069
[Footnote A: Compiled from various Reports of the United States
Commissioner of Education.]
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