The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1905-06-30
GIVES BIG SUN.
John d. Rockefeller Hands Out
SlO,OOO,0OO in a Lump.
Gift to the General Education
Board Announced.
IN CASH Or BONDS.
Income Available for Use After
October l Next.
Design Is to Promote Systems
of Higher Education.
IN CASH OR BONDS.

New York, June 30.-Ten million dol
lars as an endowment fer higher educa-
tion in the United States has been given
the general education board by John D.
Rockefeller The announcement was
made by DR.. Wallace Butterfck of the
board at a meeting today. The follow
ing letter to the secretaries and execu-
tive officers Of the board from F. T.
Gates. Mr. RockefeIer's representative,
was given out:
''26 Broadway. New York, June 30.
1905.
ITO. Messrs. Wallace Butterick and
Starr J. Murphy, Secretaries and ElS-
ecutive Officers, General Education
Board, New York.
Dear Sirs:- I am authorized by Mr.
John D. Rockefeller to say that he Will
contribute to the general education
board the sum Of ten million dollars
($10,0O0,000) to be paid October 1st, next,
IN cash, or at his option, in income
producing securities at their market
value, the principal to be held in per-
petuity as a foundation for. education,
the income, above expense and admins
tration TO be distributed to or used
for the benefit of. such institutions of
learning, at such times, in such
amounts, for such purposes and under
such conditions, or employed in such
other ways as the board may deem best
system of higher education in the Uni
ted States.-F. T. Gates"
How 1t VIII be Used.
With the. letter the following state
ment was given out:
John D. Rockefeller, Jr., with other
gentlemen of this city was instru-
mental in forming the general educa-
tion board in February, 1902. A very
broad and admirable charter was secur-
ed from congress and signed by Presi-
dent Roosevelt on January II, 1908.
"a gift of one million dollars from
Mr.. John D. Rockefeller was 1mme-
diately passed over to the board es-
pecially designated for educational
work in the south Other funds have
been added by other philanthropistS
since that time and the board has con-
fined its work hitherto mainly to edu-
cadonal work in the southern states.
ffThe present gift differs from Mr..
Rockefeller's first gift to the board in
the following particulars:
1.-THE principal sum of the gift of
one million dollars made on the or
ganization of the board could not be
distributed. The present gift of ten
million dollars is held as endowment,
the income only being available for
distribution.
s'The first gift was designed to be
used exclusively in the southern states.
The present gift is for use not only in
the southern states, but throughout
'.The first gift could be used for
common schools and secondary educa-
ton; the second gift is confined to
highed education, and is designed es-
pecially for colleges as distinguished
from the great universities, although
there is no prohibition in the letter
of gift against making contributions
to universities.
Sectarian Schools Included.
III
UNCONVENTIONAL schools as we'll as for
those which are nonsectarian. While
the funds may be employed for de-
nOminatiOnal schools they will be en-
plOyed without sectarian distinction. No
special denomination will be particu
larly favored but the funds will be
open to approved schools of all de-
nominations, although they cannot be
employed for giving specifically theo-
logical instruction.
In distributing the funds the board
will aim especially to favor those in
stitutions which are we'll located and
which have constituency strong and
able to ensure permanence and power.
No attempt will be made to resuscitate
moribund schools or to assist institu-
tions which are so located that they
cannot promise to be permanently
useful.
within these limits there are no
restrictions as to the use of the in
come. 1t may be used for endowment.
for buildings. for current expenses, for
debts, for apparatus, for any other
purpose which may be found most
serviceable.
ct is known that Mr. Rockefeller
has had this gift in contemplation for
a long time and Mr.. Gates has been
studying the subject in his behalf for
many months. If the fund proves as
useful as is now anticipated Mr..
Rockefeller will undoubtedly make
large additions to it in future years
THE present members of the board
are as follows: Robert c. Ogden,
chairman; George Foster Peabody,
treasurer; Wallace Buterick. secretary
and executive officer for the states
south of the Potomac and Ohio rivers
and Arkansas, Louisiana and Texas;
Starr J. Murphy, secretary and execu-
tive officer of the states of the north
and west. Frederick T. Gates, Daniel
c. Gilman, Morris K. Jessup, Walter
H. Page, Albert Shaw, John D. Rookie
feller jr., Hugh H. Hanna, William r.
Harper and E. Benjamin Andrews.
There are four vacancies in the
board which are expected to be filed
later