DeWitt C. Jones '79, the president of BCC, estimated the $4 million that his organization will receive would eventually draw $40 million more in contributions.

In addition, both Thall and Jones said their organizations typically revolve their loans every two to four years, allowing them to put Harvard's money to use multiple times.

"We want to make sure that the money gets out on the street and does double, triple and quadruple duty," Thall said.

CAHT, a nonprofit organization run by the city of Cambridge, will distribute the remaining $6 million of Harvard's loan.

By using these intermediary groups, Harvard will be able to take its personnel out of the day-to-day work of distributing the money.

"Harvard doesn't have to look at a specific non-profit and one building campaign," said Jones, who is a Crimson editor. "We're spreading the money around to a whole series of projects and recycling that money many times."

All three intermediaries said they hope to put the money to use as soon as possible, probably within the next few months.