University of Virginia Library

k - Money Raised

President Alderman, at the Centennial Celebration, announced
that the round sum of $1,300,000. had been raised as a result
of the Campaign. He also announced the $200,000 gift of Mr.
Paul G. McIntire, to endow a school of Commerce and Finance.
Through this was not technically a gift to the Fund, it practically
made an even Million and a Half Dollars.

The progress of the Fund is indicated by the following
figures at various stages of the work:

     

April 12th	$ 694,804.54
May 9th	808,208,90
May 30th	1,074,990.82

A quota was assigned to each Regional District, but no
quota was assigned to the Army or Navy, or to the Student Body.
The only districts that raised their quotas were the Charlottesville
District, under the able direction of Mr. Allen Perkins,
and the District, comprising the States of New Mexico, Nevade,
Utah and Arizona, under Mr. Herndon Norris of Prescott,
Arizona. The largest actual sum, of course, was raised in
New York. The Richmond District and the Norfolk District were
practically tiedfor the second place, at the time of the
Centennial.

The most discouraging results were naturally reached
in the far Southern States, due to the acute economic crisis
prevailing in that section.

     

On July 9, 1921, actual subscriptions amounted to	$1,272.725.25
Subscriptions reported but not sent in	31,605.00
Total	1,304.330.25

This total of actual subscriptions amount to 1,272,725.25
was contributed as follows:

                 

Carnegie Foundation	$ 100,000
General Education Board	100,000
2203 Alumni Subscriptions	525,730.84
798 Non-alumni Subscriptions	402,614.14
1489 Student Subscriptions	144,380.27
	$ 1,272,725.25
Average Alumnus subscription	$238.64
Average Non-Alumnus subscription	504.53
Average Student subscription	96.96