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November 10, 1956

FORD FOUNDATION GRANTS TO PRIVATELY SUPPORTED MEDICAL SCHOOLS

JAMA. 1956;162(11):1058. doi:10.1001/jama.1956.02970280038015

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Abstract

On September 16, 1956, the Ford Foundation announced the distribution of $21,750,000 to strengthen instruction in the 44 privately supported medical schools now in operation in the United States. Grants of $500,000 were made to 43 four-year institutions and one of $250,000 to the two-year school of basic medical sciences at Dartmouth. This represents the first distribution from the 90-million-dollar appropriation announced by the Ford Foundation several months ago in support of medical education in privately supported medical schools. In announcing these grants, the foundation has indicated that it expects to disburse the balance of the 90-million-dollar appropriation during the current academic year.

Institutions receiving these grants are required to hold the principal as invested endowment for at least 10 years, during which period the income may be utilized for educational purposes. None of the principal or income can be designated for capital construction or research. After the 10-year restricted

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