The Cairo bulletin., 1907-02-08
ROCKEFELLER, JR., ON BEHALF
OF FATHER SURPRISES EDU-
CATION BOARD.
TO DIRECT ENDOWMENTS
OF Two-thirds of Sum, Will. Other
Third Goes to Original Gift-To.
tai Contribution is Now
1900. 900.

New York, Feb. 7.--Thirty-two mil
lion dollars worth Of income bearing
securities was the gift which John o.
Rockefeller, through his son, John o.
| Rockefeller, Jr.. announced to the
General Education Board when Il IS.
sensbed for special meeting in this
city this afternoon. For general educs-
ton purposes throughout the country
is given as the purpose of this dana.
tion--the largest single amount ever
handed out for such purposes. Rocke
feIler previously had given the board
ST 100000 for the same work, his
contributions row amounting 10 s43,-
900, 900.
The General Education Board ap,
parently was not prepared for this
gift, which was announced simply il
this letter from John d. Rockcfcpur.
Jr.:
MY father authorizes me 10 ay
that on or before April first, 1897. he
win give to the General Board income
bearing securities, the present market
value of which is about tlirty-twa
million dollars. one-thivd to be addei
TO the permanent endowment OF the
board and two thirds to be apglie1 -
such specific objects within the cor
purate purposes Of the board as either
! he or NAV from time 10 time direct.
any remainder not so dasigna.eI at
the death of the survivor 10 be adieI
also TO the permanent endowment 9,
the board"
Board Members Surprised.
Most of the members Of the board
were sufpli ised az the announc eTeIt
and amazed at the size of the gift.
DR. Butterlck. secretary said he dill
not know the gift was 70 be made
until he received the letter. The other
members did not know of the dona
ton until he letter was read
A special meeting of the board was
called for today to consider the com
mnnieatiun from Rockefeller. the pur.
port of which was not known John
D. Rockefeller. Jr.. acting for his
ia her appeared shortly after The
meeting was called to oIder snl
handed the letter to Secretary But
rick
John y. Rockefeller, Jr. remained
throughout the session of the board.
Asked If he had anything to add %
his letter ne replied he id not be-
lieye h could add anything Of import
ance Ia IT, as the letter explained
itself
The members of the board whel
asked what specific purposes" re
ferged TO in Rockefeller's letter meant
said II was a line Of educational work.
and was intended. in their opinion. ID
give Rockefeller the right 70 di:ect
the disposition Of the fund 10 such in
stttutions within the province Of the
board as be may deem proper. The
elder Rockefeller is not a member r
the board but his son is a member
and active direction doubtless viii
come from him.
letter Of Appreciation.
ne hlfIN kOttN 40 dNtAtA ANE Z lt.
and in appreciation. drafted a letter
to the elder Rockefeller in which IL
says;
This Is the largest sum eve- siycl
by a man in The history Of the race
for any social. or philsnthrop.c pI--
nose The board conEratulates vcu
upon the high and wise impulse With
has moved YOU to this deed. and de-
sirps 10 thank you. in behalf VI al
educat onal interests whose develop
mcnts will advance: in behalf If or
country. whoSe cisilizati for sll
limo IL should be made - Strengthen
and elevate and IN behalf of maniiul
everywhere iu whose interests e has
Teen given and To- who use { IS
dedicated
The administration of tHi- luad
entails upon The General E.luc1tiun
Board the most far reaching respnn 81
bilitics ever placed upou auy edu-a-
teaal organization len tte world A.
members of the board. We accept Iris
-esponsibiliry. conscious al he Of i-s
difficulties. and its oppof-unii.e We
will use our best wisdom % transmit
your gift into Intellectual and moral
power. counting it - supreme
privilege 10 dedicaIc z.hsterer
strength VIC have 10 its just use in be
service OF men,