Current National News In Caltech KEYWORD

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The immediate goal of ARCS® Foundation was announced on the Caltech campus on September 18, 1958: “…raise money for scholarships and fellowships [now known as scholar awards] at Caltech…for the support of both undergraduate and graduate students.” At the first community event to discuss aims and procedures, Caltech President DuBridge spoke of current and projected achievements in the world of science. Local businesspeople saw the benefits of ARCS Foundation and made corporate and personal donations. According to one thank you letter, dated December 22, 1958, a donation of stock worth $5,378 was “enough to give a full-tuition scholarship to an entering freshman next fall for the full four years of his undergraduate work.” In an April 21, 1960,...