Rensselaer Semi-Weekly Republican, Volume 37, Number 4, Rensselaer, Jasper County, 13 January 1905 — Public Benefactors Falling Off. [ARTICLE]

Public Benefactors Falling Off.

There was a marked falling off in donations aud bequests by the wealthy per.sons of the United Stales during the year of 1904. The amount of money given for philanthropic purposes in the past twelve months totaled $4( >,290,980. In 1903 the figures were $7ft.000.000. and in R)01 the fccord-liolding year, the amount, was $123,000,000. Mr. Carnegie has not given so much to public libraries and many multi-millionaires have decreased the amounts of,their benefactions. Nevertheless, Mr. Carnegie lias given sll.243,000, the big gifts being $7,000,000 for the Hero Fund and another $7,000,000 for the Pittsburg Carnegie Institute. Mr. Rockefeller’s benefactions total $1,401,000, one million of which was for charities. Dr. I). Iv. Pearsons gave $237,000 to small colleges. Ninety-six colleges have been among the beenfieiaries, getting $21,237,000 in the aggregate.