Word: cutbacks
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...center's main problems have been financial--it has only about $14,000 in its coffers now, has a hard time raising funds, and has been getting nowhere in its requests for substantial infusions of Harvard money. The solution to the center's woes seem to be a cutback in the amount of money it spends, which will probably mean hiring a salaried director to replace Imani Kazana, who resigned over the summer. Archie C. Epps III, dean of students and a member of the center's board, said the center will be much more student -run this year than...
Although specific policies have not yet been outlined in detail, the broad strategies Harvard Management will use in light of the bleak economic outlook and high rate of inflation will require a cutback in Harvard holdings in regulated companies, such as public utilities...
Interviews with over 25 of Harvard's most dedicated and successful fund raisers--involved in raising money for the endowment, the Harvard Fund and annual class solicitations--indicate that though many of Harvard's generous patrons may not like decisions made by the administration, even a drastic cutback in men and increase in women would not have more than a very short term effect on giving patterns in general. What's more the facts and statistics available for recent years tend to disprove assertions that women cannot be counted on to cough up large amounts of money to their alma...
...financial windfall. Compared to a 1972-73 budget of about $75,000, women's athletics had $144,350 at its disposal for the 1973-74 year. This year's budget will climb to about $170,000. Given the no-growth Harvard budget, an increase for women necessarily meant a cutback in funds that used to go to men's programs, irking some of the male athletes...
...fall of 1972 President Bok announced a plan under which men and women would be admitted to incoming classes in the ratio of 2.5-to-1. To mitigate the effects a predicted cutback in male enrollment might have on donations, Bok ordered that the size of the Harvard class be decreased by only 50 men and the Radcliffe class increased by about 150 women--a net increase in enrollment of the College...