Milford chronicle., 1956-06-29
Hercules Powder Co.
Aiding Education

TWenty-One u. .. colleges AND
universities have been given un-
restricted grants-in-aid totaling
| $4,000, it was announced recently
by Hercules Powder Company,
manufacturer of chemical materi-
ais for industry.
This brings the company's an
nual contribution for education to
more than $150,000.
This is a unique and original
approach to an aid-tO- education
program for Hercules, primarily
because of the unrestricted nature
of these grants" explained Albert
E. Forster, president and board
chairman of the company.
IN past years, Hercules has
provided fellowsh:ps, scholarships,
and grants-in-aid with an annual
average Of approximately $4,000,
but to some degree restricted as
to use" Mr.. Forster said.
The new program of unrestrict-
ed grants, which augments the
company's scholarship policy, af-
fects twenty-one schools during the
first year of its adoption, but it is
planned to be extended in the fu-
ture to other colleges and univer-
stiles.
The twenty-one schools receiving
the $4,000 are: Delaware, Illinois,
Wisconsin, Penn State, Michigan,
Rensselaer,, Ohio, Purdue, Mime
sofa, Brown, Georgia Tech, South
Dakota School of Mines and Tech,
Lehigh, Rochester, Carnegie Tech,
Oberlin, Clarkson, Bucknell, Prince
ton, Tufts, and Rutgers.
One of the fundamental purpos-
es of the New Hercules program,
cited by Mr.. Forster, is to help
support the education and research
efforts of colleges and universities
which trains Americas future
scientists and engineers in a man
ner most suitable to the individual
school.
1--WE also believe it will more
effectively promote and encourage
a better understanding between the
industrial and academic worlds"
he added.
In recent address urging
greater aid to education by indus
try, Mr.. Sorster told a group of
businessmen that, ST believe today
our help is needed, help offered
without thought of selfish gain, and
perhaps without any control over
the uses to which our help is put.
We often speak of plowing back
profits into the building and ex-
pansion of our enterprise. There
could be no better reinvestment
of some of our profits than pro-
grams designed to foster the de-
velopment and expansion of the
human resources upon which our
future depends"
In the case of each of the TWEEN
ty-one recipients, funds are given
to the chemistry or engineering
departments to be used at the dis
cretion of the department head.
Uses suggested by Hercules for
the grants, which are by no means
limited to these uses, range from
the purchase of special equipment,
travel expense for technical meet
ings for the teaching and research
staff, for visiting lecturer stipends,
grants to staff members for sum-
mer studies, and grants to gradu-
ate students in emergency situa-
tions for the completion of their
theses and the like.
Mr.. Forster said that under tine
new program grants will be made
On an annual basis, and ''since the
number of schools we desire to
support is considerably greater
than the twenty-one now partici-
pating, we anticipate making these
awards on a cyclic basis"
The program of aid to education
carried out in the past by Hercules,
and to be continued on the same
basis in the future in addition to
the unrestricted grants, is pri-
marily directed toward specific
areas of research and study in
fields of chemistry of interest to
the company.