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Rosenwald Makes $1,200,000 Gift to Chicago University

December 14, 1928
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May Be Raised to $2,000,000 If University Raises Larger Amount (Jewish Daily Bulletin)

The gift of $1,200,000 by Julius Rosenwald, a member of the Board of Trustees of the University of Chicago and one of the university’s leading benefactors, was announced today by President Woodward of the University of Chicago. The gift was made by Mr. Rosenwald towards a $3,000,000 building program which probably will be expanded to $5,000,000 If the University itself raises an additional $3,000,000, Mr. Rosenwald said he would increase his gift to $2,000,000. Construction of dormitories for 400 men and 380 women will be started as early as possible in the spring.

In making the announcement, Acting President Woodward predicted the development of a finer type of student life with the majority of the students, graduate and undergraduate, living in quadrangles on university land.

It was stated that the Board of Trustees is prepared to take full advantage of Mr. Rosenwald’s offer, assuring the $5,000,000 program eventually, although only the $3,000,000 of building has been authorized.

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