Columbia designated the bulk of her share of the trust to work in Nuclear, Atomic, and Molecular Physics, with some of the money supporting research in Biochemistry and Engineering. Yale's gift goes toward furthering studies in Microbiology. As at Harvard, most of her share was marked for the use of her Medical Department.
For the next fiscal year, all four universities will receive $240,000 under the trust. Currently, each school has $185,000, and the income available will increase upon the termination of certain life estates for individuals as set forth in the will.
Eugene Higgins had a $100,000 monument built over his grave when he died. But in the field of Science, there has been erected a $38,500,000 monument.
It is not known whether Higgins wanted to set an example to other philanthropists or merely felt that, having no direct heirs, he wanted his money used well. It is not even known just what he thought about science or how it had affected him. He was a close friend of James Gordan Bennett, former owner of the New York Herald, but even Bennett knew little about what his tight-lipped friend was thinking.
At any rate, the gift, the largest educational trust in existence today, aided greatly in "the development of urgent new programs deprived of sufficient support."
"However," adds the Board of Control in their joint statement, "much remains to be done if our universities are to preserve their academic freedom and at the same time meet the demands that are already upon them and that will increase steadily in the years to ome.