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Page 33 text:
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DEDICATED TO MR E S E ARCHI IN THE NATURAL SCIENCES HE Wisconsin Alumni Research Foundation at the date of its organiza- tion had no endowment fund. It had to build one out of earnings. Its assets consisted of one patent, and the modest initial funds sup- plied by a group of alumni. Royalties from this patent and others have built up a sound cap- ital structure, the income from which is devoted to scientific re- search projects at the University. Here are specific examples of the Foundation ' s activities: In June. 1932, a group of highly trained men and women took their doctors ' degrees at Wisconsin to step out into a world already greatly overmanned. From funds allotted by the Foundation, twen- ty-three Post-doctorate Associate- ships were created, permitting this group to continue productive work on Important research. In 1933, necessary curtailment of the State ' s appropriation to the University threatened to cripple research work on many scientific projects. In this crisis the Founda- tion offered its aid. Said President Glenn Frank, ad- dressing the Alumni Association: Between sixty and seventy im- portant researches . . . would have had to be abandoned, but . . . The Alumni Research Foundation has . . saved the day for productive scholarship. And here Is a new departure. This year the Foundation made a grant to the University fortheestab- llshment of special fellowships for young men and women of excep- tional talent and originality In the natural sciences. Nominations from scientists or teachers of standing are welcomed and seriously investi- gated. Nominations are not con- fined to Wisconsin alone. Excep- tional ability is the only open sesame to these Alumni Research Foundation Fellowships. WISCONSIN KES E ARCH A L U W N 1 FOUNDATION
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Page 32 text:
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Ben Kiekhofer Board of Visitors William Kies Board of Dneaors and Trustees, Research Foundation Mrs. George Lines Board of Directors Roger Minahan Board of Direaors The scheme of organizing an alumni toundation was a new one. It had never been developed or, so tar as I know, even thought of anywhere else in the country. Since this plan was effected a large number of universities and colleges have followed, and I think we may say with some pride that in forming the Wisconsin Alumni Research Foundation, we have pioneered in blazing the trail for the handling of im- portant discoveries which are ot aid to the human race in a manner that will protect the public, do away with most ot the abuses ot commercialization ot patents, and leave the scientist who discovers the process in a position where he can devote himself to science without worrying about the commercial development ot his dis- covery. To protect the public it was necessary to provide a caretul system ot checks upon the licensees, and to that end a substantial laboratory was organized and equipped at Madison, where samples ot irradiated products are tested at varying intervals without the knowledge ot the licensees. The Foundation has organized a com- plete staff of specialists who call upon the medical profession and acquaint them with medical and clinical tacts in connection with the use of Vitamin D milk. The Foundation has had to establish an ad- vertising and publicity department which furnishes educational material, and which censors the advertising ot its licensees. Every effort has been made to maintain the dignity ot the University ot Wiscon- sin whose name the Foundation bears, and every precaution is taken so that nothing of an unethical nature may appear in any statements published by the licensees of the Foundation. — From an address bv WilUam S. Kies. A. T. S.ANDS Board of Directors Christian Steinmetz Board of Directors L. F. Van H. ' vgan Board of Directors E. ' RL VlTS Board of Directors Page 26
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