Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-12-15
CAMPAIGN FOR ADDITIONAL MIL.
LION DOLLAR ENDOWMENT
TO BEGIN EARLY IN 1915.
tlREPoRr SHOWS SCHOOL
ON SOUND MONEY BASIS
New Dormitoriss For Women, Now
il Course Of Construction, Built For
Comfort and Beauty-Ereetien OF
New Alumni Hall 10 Planned For
Next Year.

Special to Times-Republican.
Grinnell, Dec. 1.-THE coming year
is expected to witness q great expan-
sion Of Iowa College and 1915 should
prove the banner year in the history
OF the school. A new campaign for q
million dollars additional endowment
will be formally launched by President
Main the first OF the year. when the
movement toward the new alumni reci-
tation building will be started by defin.
lite subscriptions. This IS the cam
paign promised by president Main In
his report to the trustees last June and
marks only milestone In the course OF
his continued efforts for the growth OF
Grinnell and the increase OF her re-
sources. which began with his assump-
ton Of administration Of Iowa college
in 1906.
College on Good Money Basis.
That Iowa College has the financial
footing necessary for q continued
growth and prosperity unequaled by
any college Of the west, is shown by
the financial statement Just issued Dy
ending June 30, 1914. The total en-
dowment Of the college at the time of
his accounting was practically $4,000
600. The entire fund was classified In
three divisions, general, plant and spe-
Gifted endowments The total general
endowment at the time Of this report
was 3637,59s.26.
The total valuation OF grounds. In
Guiding the campus. the athletic park,
the block and half west of the park,
and other lots held for future use, IS
s173,555. The investment In buildings,
exclusive Of the heating plant, the cot
tage, and the new $4,000 dormitories,
now under construction, amounted TO
$685. The entire value OF the
equipment Of all Of these buildings was
estimated at $f21,935. The total plant
endowment represented by these three
factors was $602,135.
& Large Specific Endowments.
The specific endowments were esti-
mated at $685., s71.3s. and Of this en-
dowment annuities formed the largest
single part, amounting to $242,050. Phe
amount endowed in chairs came sec.
4 ond in annuities, totalling approxi-
smately $232,700.
The income from the students, In
Il Guiding semester fees, diplomas, tut
s'tfon and laboratory fees, was $07, 374s5s.
From other sources OF, income, inciudS,
{ ing Mears Cottage. the school OF nasi-
sic, sales OF supplies. and hinterest on
various gifts, the total was brought UP
approximately to $154,564.
Dorn,itories Built For Convenisnce.
The new dormitories, now fn course
Of construction, have been planned with
~ m
4 comfort Of the women who will make
I the building their home during their
college life. In design and construe-
ton attention was also given to beauty,
with the idea Of making the building
harmonize with the general scheme Of
construction.
The building Is to be as nearly fire.
proof as possible, cement and tile
floors being used turnout.
Y Special attention has been given the
\ dining room, situated in the east Sec
tion Of the main building. This room
IS to be So by, 1f2. feet, and AZ feet
2 from the floor to the beamed roof peak.
Large stained glass windows will be
in either end Of the room, and an oak
panel, twelve feet high, will run
around the walls.
Now Alumni Hall Planned.
Within q year work may be begun
4on a new 100000 recitation building.
4 to stand Just north OF the library, to
house all departments not now located
in Goodnow. Blair and Alumni halls.
All the departments OF language and
literature, the social sciences, includ-
ing history, economies. political science.
I sociology, applied christianity and re-
ligious education, philosophy and ed
ucation, and perhaps the classes in hy-
giene, will be housed in the new build
{ ing.
\ cago hail and the library will be
q moved to the recitation hall, at least
( for the present, thus leaving these
buildings free for other purposes.
: Tentative plans for the erection OF
new gymnasium for men and a mems
j Ynion. which has long been under dis
cussion, may soon take more defin-
i tte form in the working out Of Grin
nelEs future growth.