"We're committed to funding a grants process," Lewis says. "The details of how it will work out have yet to be worked out."
The new Radcliffe Institute will join the College in contributing to the trust. Interim Radcliffe President Mary Maples Dunn will be sending a personal request that Radcliffe alumnae contribute up to $50,000 to the fund.
The creation of the trust may lead RUS leaders to disband their group, as the trust becomes the main benefactor of women's issues on campus, Clancy says.
"We always imagined the trust as a new name for RUS," she says.
And what if the trust doesn't distribute funds to the groups RUS might choose? Clancy says RUS has amassed a rainy day fund now totaling $34,000, which could be doled out in small amounts for years to come. "We could give $1,000 a year for 34 years," Clancy says.
Clancy says she is optimistic that the trust will fund the kinds of programs and groups that RUS has supported for more than 20 years.
Still, she is wary of an administrative attitude that only "grown-ups" can handle money.
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