Endowment Funds

The regular activities of the Institute are financed mainly by income derived from members' dues, from advertising in MINING AND METALLURGY, and from the sale of publications to the public. In addition, collateral activities and special projects are financed each year by means of income from endowed funds controlled and administered by the Institute. In the aggregate, the amount of these endowments totals more than $637,000. An active effort is being made to increase the endowment funds of the Institute through a standing committee, of which Henry Krumb is Chairman, and of which the other members are: George D. Barron, Cleveland E. Dodge, John V. N. Dorr, Howard N. Eavenson, D. C. tackling, Harvey S. Mudd, Wallace E. Pratt, Milnor Roberts, and Wilfred Sykes. This committee believes that there exists a tremendous opportunity for the Institute to be of evergrowing service to the public, to the mineral industries, and to the 'profession. It welcomes suggestions as to names of men of means who are vitally interested in the mineral industries, and to whom the opportunity to make a contribution or bequest might appeal favorably if presented in the proper light.