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Great Strides Made

During the spring and summer, the Marshall Foundation made giant strides toward achieving its initial goal of $500,000 to construct the Memorial Library and Museum and at the same time achieved a respectable start on the secondary and long-range task of raising an endowment for continued research and perpetual operation of the building.

Actually, since it was organized in 1953, receipts of the Foundation have exceeded $750,000, of which more than $200,000 has been expended in historical research and collection of the many thousands of documents and other records which, together with General Marshall's personal papers, will go into the Library files when the structure is completed. By September 1 of this year, the Foundation's assets stood at more than $450,000, a portion of which is reserved for endowment, continued research and current operations. Foundation officials estimated that about $225,000 remained to be raised to pay for the building itself. It is estimated an additional endowment of $2,000,000 will be needed to properly operate the educational research center.

Thus far, the Foundation's efforts have mainly been concerned with raising funds for the building; but now that construction is almost assured, plans already are being laid for a continuing effort designed to develop sufficient support to make the endowment certain as soon as possible. One aspect of this, for instance, lies in the development of a wills and bequests program. It is hoped that through this program the Foundation will be remembered in the wills of persons who have not been able to make lifetime gifts of the extent to which they would have liked. Also, gifts as memorials to the deceased are being invited. 

The gifts received to date demonstrate two basic facts: (1) that those who stand closest to the Foundation are supporting it fully, and (2) that the Foundation's case is being favorably received by sources of possible large gifts to which it was being presented.

Below is a partial listing of the larger contributions to the Foundation received in recent months:

A $50,000 appropriation from the Commonwealth of Virginia.
A $50,000 gift from the the Mary W. Harriman Fund.
A $25,000 gift from the Sarah Mellon Scaife Foundation.
A $25,000 gift from the Richard King Mellon Foundation.
A $25,000 gift from the A. W. Mellon Educational and Charitable Trust.
A $15,000 gift from the Hobby Foundation
A $15,000 gift from the International Business Machines Corporation.
A $10,000 gift from the General Tire Foundation.
A $10,000 gift from the John P. Stevens Memorial Foundation.
Approximately $5,000 from the Association of Military Colleges and Schools in the United States.

Approximately $26,000 from the Virginia Military Institute alumni.

Approximately $23,000 from the citizens of the town and of Lexington and its surrounding area.

Respect for desired anonymity prevents a listing of other impressive contributions, but there have been numerous additional gifts ranging from $25,000 to $1,000 from persons and industry in various areas of the country.

To achieve the remaining funds necessary for construction, the Foundation plans appeals during the remainder of the year along continuing and developing lines. A campaign by mail and special committee of residents of Virginia and Virginia firms and industry is also being planned early next year.

The city of Uniontown, Pennsylvania, birthplace of General Marshall, is in the process of organizing a fund-raising effort designed to insure that the City play its proper part in a tribute to the native son. 


Kappa Alpha Order Contributes


General Bradley, left, receiving Kappa Alpha gift from Knight Commander, John W. Nowell.

An initial gift of $1,000 from the social fraternity, the Kappa Alpha Order, of which General Marshall was a member from his graduation from V.M.I until his death, was followed in recent weeks by the announcement of the national executive committee of the Order of the appropriation of an additional $5,000. Further, Kappa Alpha is including the Marshall Foundation in its Centennial Campaign which concluded in 1965 so that even greater participation by the Order will be forthcoming. The gift not only recognizes General Marshall's long association with the Order but also is in memory of the members of the Order who served in the Armed Forces during World War II. 

The check for $1,000 was presented General Bradley at a special luncheon in April by John W. Nowell, Knight Commander of the Order.
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