DuPont Wills $635,000 To College Endowment

Bequests to the College from the estate of the late Eugene duPont-the largest addition to the College's scholarship funds in 20 years-will enable about 12 more students each year to receive financial aid.

The gifts were made public yesterday by Nicholas R. and Eugene duPont III, sons of the donor, at a luncheon meeting of the Harvard Club of Wilmington, Del. The three bequests will be distributed as follows:

1) The income from 200 shares of duPont common stock, currently worth a total of about $35,000, will go to the permanent endowment funds of the College to provide financial aid for one or more students, preferably from Delaware. The scholarship will be awarded by the Committee on Admissions in consultation with the Harvard Club of Delaware.

2) A second bequest of 8,000 shares of common stock, worth about $550,000, endows a fund to be known as the Eugene duPont Fund. One-third of the income from the endowment will be applied through the Harvard Fund Council to the unrestricted funds of the College. The remaining two-thirds of the bequest will endow the Eugene duPont Scholarships for undergraduates.

3) $50,000 in cash will provide an endowment for the Department of Chemistry to be used for research and "the advancement of the study of Chemistry at Harvard."

Second Largest Fund

The new duPont bequests will establish the College's second largest scholarship fund, exceeded only by the Edmund Ira Richards Fund which was endowed in 1935 with a capital of more than one million dollars.

Eugene duPont, a founder, the first secretary, and later president of the Harvard Club of Delaware, died last December at the age of 81. He served for many years as a director of the E. I. duPont de Nemours and Co. and of the Equitable Trust Co. of Wilmington, Del., and was active in Alumni affairs. In his lifetime, duPont helped to found a Harvard Club endowment fund to finance a freshman scholarship for a student from Delaware.