When was it published?

September 17, 1847 in Southern Christian Advocate

Domestic News September 17, 1847

Southern Christian Advocate

Q: What entities or persons were involved?

Hon. Thos. Williams, Mrs. Farwell, Deacon F.

Q: What keywords are associated?

College Endowments, Harvard Bequests, Beloit Donation, Newton Seminary, Baptist Missions

Charleston, Charleston County, South Carolina

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What is this article about?

Article praises New Englanders' support for liberal education, highlighting Harvard College's endowments exceeding $600,000, plus specific donations: $10,000 from Hon. Thos. Williams to Beloit College, Wisconsin; $30,000 bequest from Mrs. Farwell to Newton Theological Seminary and Baptist Board of Missions; and lifetime gifts of $100,000 from Mr. and Mrs. Farwell to benevolent causes.

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OCR Quality

98% Excellent

Full Text

ENDOWMENT OF COLLEGES, The devotion of our New England fellow-citizens to the cause of liberal education is worthy of all praise and of imitation too. In the annual report of the overseers of Harvard College, says the New Haven Journal, "we notice not less than nineteen bequests, which average more than $20,000 each! The available funds of the College, given for specific purposes, the interest of which only is used, exceed six hundred thousand dollars! The Law Department has funds exceeding $40,000, and the Theological School more than $80,000! This opulence is the result of individual liberality of citizens of Massachusetts." A munificent gentleman of New London, Connecticut, the Hon. Thos. Williams, has made a liberal present of $10,000 for the endowment of a professorship in the Beloit College, Wisconsin. The donation was made in Western lands -the value of which is reported to be greater than the amount specified. Mrs. Farwell, late of Cambridge, Mass., bequeathed her entire fortune, some $30,000 to Newton Theological Seminary, and to the Baptist Board of Missions. It is said that she and her husband, the late deacon F., gave not less than $100,000 during their lives to various benevolent purposes.

What sub-type of article is it?

Education Charity Or Relief

What keywords are associated?

College Endowments Harvard Bequests Beloit Donation Newton Seminary Baptist Missions

What entities or persons were involved?

Hon. Thos. Williams Mrs. Farwell Deacon F.

Domestic News Details

Key Persons

Hon. Thos. Williams Mrs. Farwell Deacon F.

Outcome

harvard college funds exceed $600,000; law department over $40,000; theological school over $80,000. williams donated $10,000 (in lands worth more) to beloit college. farwell bequeathed $30,000 to newton theological seminary and baptist board; couple gave $100,000 lifetime to benevolent purposes.

Event Details

New England citizens' devotion to liberal education praised. Harvard's annual report notes 19 bequests averaging over $20,000 each, with available funds over $600,000 from Massachusetts citizens' liberality. Williams of New London, CT, gave $10,000 for Beloit College professorship in Western lands. Mrs. Farwell of Cambridge, MA, bequeathed $30,000 to Newton Theological Seminary and Baptist Board; she and husband gave $100,000 in life to benevolent causes.