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With scarcely more than 20 days until Commencement, the Program for Harvard College is still more than $20 million short of its stated goal of $82.5 million.
The Program is supposed to end at Commencement, and, although money-raisers seldom admit defeat, no one seriously expects the University to haul in a million a day over the next three weeks.
What is expected is that by June 11 the national alumni will have reached their goal of $12 million. Already they are within $212,824 of the mark.
This means that the more active, tub-thumping aspects of the Program will be halted while a reduced staff of workers set out quietly to enlist support from very wealthy individuals and very large corporations.
Promotion to End
In a news conference yesterday, President Pusey said that the large-scale promotional aspects of the Program would end on schedule after Commencement, but that solicitation of the "large gifts" would continue.
Large donations have proved so far to be the greatest miscalculation of the drive. Gifts from large donors and corporate structures have both failed to approximate their quotas.
H. Frank Pemberton, a spokesman for the Program, stated yesterday that the staff would be greatly reduced after June, although the exact nature of the deconversion has not yet been made definite.
Pemberton also reiterated that the Program was not "holding back" contributions for psychological effect or any other reason. He stated that all gifts were reported in the regular progress reports of the Program.
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