¶ Fuller, R.B: Crisis of 1927
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RBF Definitions
"of inadvertently to the cyclically regenerative functioning, I would find myself surviving without direct accountability and only by surprise income sources. This 46-year-old assumption seems to have proven valid as the sums of money which have come to me annually have just about matched my ever-increased funding of original research and development. For the last 20 years the income has averaged greater than $150,000 a year, all of which I have reinvested in further research, ergo, no savings.
“I have not attended directly to developing any income for my heirs. I have, however, inadvertently developed income for them because of the 12 books I have written and published, royalties from which will accrue to them for some time. This means that I do not have any of the guaranteed income-producing capabilities of many amongst our classmates who I am confident will be able to participate in the new endowment program. As I have done throughout all the last 56 years, I will keep on giving annually to Harvard until I die, and will try to increase the giving. I hope that whatever benefit I may be to Harvard accrues to the work I have done. I know that some of my books are already used by Harvard classes.”
¶ Citations
- RBF Ltr. to Robt. H. Davison, Boston, 12 Jun’73
