New-York tribune., 1910-12-21
Mr.. ROCKEFELLER'S
FINAL GIFT T0U. OF c.
Sum of $4,000, 900 Ends His
Connection with University
He Founded.
soN AND GATES QUIT BOARD
restitution Turned Over to People
If the West-Other Friends
May Aid-Rockefeller Gifts
Aggregate S35,000,000.

c,;oaro Dec. ao.-John d. Rockefeller
oonnlated the task he set for him.
elf in the founding of the University OF
chicago. Public announcement WAS
.o5o to-day of a single and final GIT
e s7aoooeoo which includes all the
contributions that Mr. Rockefeller iiao
,,anned 20 make 10 the university
This sum. which is to he paid in ten
.r,rraI insralnents. beginning January l.
-,i7I make a to,al of approximately 500
ooonaa +,s4 NJr. Rockefeller has given %
the university
7,ocl.efelIer saws he now believes
-, srbool should be supported and en-
,.-,,7 nv the Gifts Of many rather than
-bAze q . single donor. This ne oe-
7fe,-es 1yill be hetteT accomplished II the
,,,,r7;. understands the limit OF ms co"-
.ernn1ated assistance The founding oi
~ denartments he leaves TO the trus-
...s as he saws funds may be furnisheo
7,,- other friends of the university Cp lo
=, rresert time nearly SI-onen has
~, givon to the university in adoition
1o Nr. Rocl1efeller's gifts.
with the announcement o. MI ftvehe
+eller-s flnaI contribution came the Tesis-
nation of John L. Rockefeller 3r- ana
t7ro5 II Gates Mr.. Rockefeller ; per-
sonal representatives. from the uhiNe-
sitv board al trustees
In inclosinC these designations MI
Rockefeller explained that he was Only
carving out a conviction that the insu-
,.rl,fi lied
and supported by the people With "hom
I'D TO this date he had been simply CO.
operating.
Mr. Rockcfeller's idcs, as II is under
stood. is that he is turning over the
institution and It's cndc wment to Chi
.seo and the West. and in SO doing
vi,hdraws from any further representa-
ton in its control.
MIR RockefeIcr's Letter
The official announcement of the bene-
faction was made at the quarterly con-
vocation at the university this after
noon. President Martin \. Ryerson. OF
tho board Of trustees. read q letter from
Mr. Rockefeller. as follows:
New York. Dee. u, 1910
To the President and Trustees OF the
University Of Chicago.
Dear sirs: | have this day caused to De
sci aside for the University of Chicago
from the funds OF the General Educatlon
Foard which are subject to my ulsposi-
lion. income bearing securities OF tne
lrasent market value of approximately
HlNNnoeo. the same to be delivered 10
III university in ten equal annual IN
s+alments beginning January l. i3l L.
each fnstaiment TO bear income TO the
university from the date of such deii'-
CRY only In Il separate letter OF even
date my wishes regarding the iflFesliiie,it ,,l
and uses of the fund are more speclhcaits
expressed
II Is far better that the university be
Summarized and enlarged 10y the gifts OF
MANY than by those of single Donor
This I have recognized from the pesih-
ming and. accordingly, have sought 10
assist you in enlisting the interest ana
securing the contributions OF many
others al times by making my own
;yffrs conditional on the gifts OF others,
and at times by aiding you by means Oh
unconditional gifts 10 make the uniVeI-
si+v as widely useful. worthy ana al
-rao+5y-e :.s possihie Most heartily do L
rAcoenize and rejoice in the generous re-
enonee of the citizens Of Chicago and the
West
Their contributions to the resources or
the university have been. ] beheve' hloi 2
A
dif1cult to find parallel TO generosity
50 large and so widely distributed as
mis- exercised in behalf of an institution
so recently founded 1 desire 10 express
r,y appreciatiOn also of the exfraorolhary
wisdom and fidelity which you, ds pieSi-
dent and trustees, have SHOWN III 0oi
Quoting the affairs of the university
"Hiqhes. Hopes Far Exceeded
r, the multitude OF students SO quickly
sa4hered, in the high character OF the
institution, IN the variety ana extent oi
original research, in the valuable conul-
buttons 10 human knowledge, IN the up
ljftinf, infiue,ce of the university as a
whole upon education throughout the
West. my highest hopes have peen Lar
exceeded II is. these conSlderdtionS'
with others. that move me TO sum UP IN
single and final gitt, ~ ~dlsIripu.lrls -, -
PAYMENT over a period OF many years 10
come. such further contributions as
have pllrposed 10 make to the UNIVERSITY
The sum | now give is INTENDED 10
make provision with such gifts as may
reasons hT7- be expected from others, fof
sa,ch edde57 f,,i;dings. equipment and en-
doErnent as the department mus lar
sstabiished will need. This gift COM
pleteg The task which have set before
myself The founding ano suppoft of
new departments or the developiheh, o
the varied and alluring field OF appiieo
science Including medicine. L leave TO
the wisdom Of the trustees. as funns
NAV be furnished for these purposes
by other friends of the university
IN making an end OF my gits 20 Ine
university. as I now 90. and IN Will
drawing from the board OF trustees my
personal representatives, whose resis
nations inclose am acting on an carry
and uerfnaneut conviction that TINS great
Institution. being the property or ths
PEOPLE. shorld be controlled. conducted
and supported by the people, IN WHOSE
generous efforts for It's upDuiioiie =
have been permitted simply TO co-oPe.
ate: and / could wish 20 consecrs.e s,e
anew 10 the great cause OF eauCat tioI - -
funds which i have given. IL tnat "eie
possible: TO present the iisulutlo, q
second time IN so far as nave aioeu ~,
founding il. to the people OF Chlcaeo anu
the West: and to express my nope .t'a,
under their management ano WIN .h.
generous support. the university ma -.
an increasing blessing to them, 10 tiei
children and 10 future sehei
very truly yours, p
JOHN ID. ROCkEFELLhh- H.
Mr. Ryerson, after making announce
rnent of the gift, addressed those pres
ent at the oonyocation, saying, in part
Mr.. Ryerson's Tribute.
II would be difficult to describe a"'
auately the emotions aroused III '"o
minds Of the members OF the boaro oi