1919-1920 Academic Catalog

INCOME AND ENDOWMENT GEORGE W. BROW NELL FUND The late Rev. George W. Brownell, pastor of the Reformed Presbyterian congregation of West Middlesex, Pa., bequeathed to the College a portion of his estate, which amount, $200, became available in 1913. ALUMNI FUND At the annual meeting of the Alumni Association in 1910, it was decided to raise a fund to be known as "The Alumni Endowment Fund." No limit was placed upon the amount of money to be raised, but it was hoped that eventually enough would be contributed to endow a chair in the College. T his fund now amounts to $1,000, and much more has been pledged. DARLINGTON FUND The Reformed Presbyterian congregation of Darlington, Pa., has contributed to the general endowment fund the sum of $1,800. ANONYMOUS FUND A generous friend of the College, who declines to reveal his identity, during the second year of President 1',kChesney's administration, contributed the sum of $5,000 to the endow– ment fund. JEMIMA PAY NE FUND In 1917, Mr. James Adam, of New York City, donated $2,000 to the general endowment fund in memory of his aunt, Jemima Payne. CLARKE FUND Mrs. Mary Ann Clarke, of \.Yest Middlesex, Pa., in 1918 donated $500 to the endowment fund in the form of a Liberty Bond. MATILDA MeCOLLUM FUND Miss Matilda McCollum, a member of the Cedarville Re– formed Presbyterian Church, in 1918 donated $550 in Liberty Bonds to the endowment fund. 12