The sun., 1917-05-24
$2,O00,0O0 TO INSTITUTE
Executive Committee Au-
thOrized to Spend $1O,0OO,-
600 of Principal.
WILL HELP RED CROSS
$25,OO0 Donated to Yale Mo-
bile Motor Hospital
Unit.

John D. Rockefeller has increased the
endowment Of the Rockefeller Founda-
tion by a further gift of securities
valued at s25.765.5o6. according to an
announcement made yesterday by DR..
George Edgar Vincent. president of the
foundation. at the end Of the meeting
of the board Of trustees. The transfer
OF the securities was made February
20 In accordance with an offer made by
Mr.. Rockefeller to the executive COM
mittee on that date. The total endow-
ment OF the foundation is thus in
creased TO more than s125.O0o. 900.
With the exception of the appropria-
tion for the Johns Hopkins school OF
hygiene and public health all the appro-
priations are to be expended upon work
made necessary by the war.
At yesterdays meeting OF the trus-
tees authority was given to the execu-
tive committee to distribute from time
10 time, prior to the next annual meet
Ing or the foundation in January s1O.-
100000 OF the endowment fund In addi-
tion to the income to meet such emer-
gencies as cannot be covered from the
regular income. This unprecedented ac-
tion is the result of the situation with
which the foundation finds itself faced
largely due to the demands made on
the available funds by philanthropic ac-
dvities as the result of the war.
S2.OOO,OOO to Institute.
An appropriation of s2,0OO,OO was
made to the permanent endowment Of
the Rockefeller Institute for Medical
Research. and additional appropriations
Of s7c.2s0 TO the 1e17-1s budget of the
school OF hygiene and public he llth o:
the Johns Hopkins University and
$4,000 toward the cost OF mobile
motor hospital unit which is to be placed
In the red by the medical school Of Yale
University.
No definite announcement was made
rs to the purposes for which the execu-
tive committee is authorized to with
draw from the endowment fund $40, 000.-
900 Of the principal, but it can be said
that at least part OF the sum will be
utilized as a contribution to the work
which the American Red Cross will
shortly inaugurate, both In this country
and abroad
AT the end of the meeting DR.. Vincent
said; 'The gift of 100000 additional
endowment TO the Institute for Medical
Research is the result Of the rapid de-
veiopment OF the work OF the institute.
The war has made special demands in
connection with war surgery and serums
and the demands have so far exceeded
the available income that II seems best
10 increase the endowment by another
gift.
The appropriation for the school OF
hygiene and public health In connection
with Johns Hopkins University is for
organization expenses. equipment and
preliminary studies. A gift Of $4,000
for the necessary buildings has been
previously announced. While the school
will not open for instruction until Sep
,enlDer. 1915. l, great deal OF preliminary
work is necessary in gathering 4 corps
OF instructors and outlining the methods
Of procedure, and such work Is doubly
difficult and expensive just now on ac-
count Of the scarcity of medical men,.
Yale Unit TO Cost aI8O,OOO.
The mobile motor hospital unit
which the Yale medical school proposes
10 put in the field In France will cost
100000, of which the foundation has
to-day appropriated $3.50 A unit Of
this sort will permit a hospital of 100
beds to be brought up to the field dress-
Ing stations. with the result that The
Ives OF many men who require opera
tons which can only be performed
where complete hospital facilities are
available can probably be saved. The
unit will include modern operating
room, an N-ray department and all the
paraphern;,lia which are now only avail
able many miles to the rear, with the
result that many lives are sacrificed in
the Journey
'ln regard to the expenditure of the
principal II Is felt that the obligations
already in sight and the prospective
IL
which will become increasingly serious
should the struggle continue many
months longer, make il necessary to
make the resources OF the foundation
count in this crisis. The reconstruc-
ton problem, especially in France. is
pressing
There is great ground for satisfac-
ton in President Wilson's appointment
or a Red Cross war committee, with such
men as Henry r. Dawson and Judge
I.oyett among its members. The pros
p"ct OF an organized and comprehensive
plan for dealing with the domestic sit
uatlon as we'll as with medical and re-
hef work in the allied countries Is sure
70 command confidence.
There is reason to believe that the
Red Cross in the near future will offer
10 The country an opportunity to sup
port statesmanllke programme for
dealing with the whole problem. Ths
fonnoation has faith In the administra-
ton u the Red Cross, as reorganized,
73d hopes TO make a liberal contribu-
Oh To the funds which the organiza-
'Ion will ask the American people 10
support While the plans have not as
YET oecn announced we know enough
hI thrlr scope 10 feel certain that they
should be backed"
Charles l.. Hughes. julius Rosenwald.
l'fN dent of Sears RoeblIcl A. 90. of