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Julius Rosenwald Fund Has Spent over $16,000,000 is Reported

July 22, 1941
See Original Daily Bulletin From This Date

The Julius Rosenwald fund reported here that it had spent $16,620,000 “for the well-being of mankind” since it was established in 1917. There now remains a balance of about $4,000,000, which Mr. Rosenwald, the Jewish philanthropist, provided must be expended within twenty-five years after his death, or by 1957.

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