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Frank StantonFrank Stanton
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Session:         Page of 755

Stanton:

No, the whole university. Just is so enormous in terms of the funding and the work that's involved. It's just incredible when you think of some schools raising $25 million as a goal. This is 100 times that in terms of scope. Most of that will go for improved teaching.

Q:

In what sense do you mean that? Hiring more people?

Stanton:

Expanding staff, putting salaries up to where they would be if they kept up with inflation, setting up funds to enable qualified students to go Harvard, whether they've got the money or not. It's just a very, very alive and forward looking institution.

So I really was very fortunate, because having come right out of CBS I took on the job of raising funds for the Red Cross; although the title was chairman the main job is to keep the funds coming in, and that was running at the rate of about $500 million a year or so. I finished my two terms as chairman and notified the administration, that is the White House, that I didn't want to be re-appointed, and that was six years after I retired. I retired in 1973, so that took me up to about 1979 in terms of the calendar, and Harvard came along just when I had some free time and could spend it for my own education and I hope for some help to Harvard.

It developed that I was the first non-Harvard person elected to the Board in this century.

Q:

I was about to ask you that.

Stanton:

Since I was elected there have been at least two others that I know of. One was





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