Final Benefaction

The balance of the Guggenheim Fund for the Promotion of Aeronautics, when wound up by Donor Daniel Guggenheim last year (TIME, Nov. 11), amounted to $300,000. This bulky leftover was to go to some enterprising southern educational institution. Last week Trustees of the Fund announced Georgia School of Technology at Atlanta to be the final beneficiary. Reasons: Georgia Tech is enterprising. It has an ideal aviation location and environment, high engineering requirements. Its student body is cosmopolitan.

Part of the plan of the Guggenheim Fund was to place its benefactions strategically throughout the land. This grant completes this objective, forms the southern nexus of an educational work.

Total Guggenheim grants for aeronautical education amounted to nearly $1,800,000:

California Inst. of Technology. .. .$350,000

Leland Stanford Univ 195,000

Univ. of Washington 290,000

Univ. of Michigan 78,000

Georgia School of Technology. . . . 300,000

Harvard Univ. Graduate School of Business Administration 15,000

Massachusetts Inst. of Technology 264,000

Syracuse Univ. 30,000

City of Akron and Calif. Inst. of Tech (again) 250,000

Cornell Univ. 10,000

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