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Fogg Art Museum Scrapbook, October 1920-June 1924

ARCH.2003.22, Rendition: 809243

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The image shows a clipping from the Brooklyn Eagle newspaper dated June 18, 1924. The headline reads "Harvard Fund Given $100,000 by N.Y. Bankers." The article reports that Goldman, Sachs & Co., bankers of New York, have donated $100,000 toward the Harvard Business School. This donation is part of a campaign led by Lawrence Lowell to raise a minimum of $10,000,000 for Harvard University.

The article mentions that members of the Sachs family have also contributed $25,000 to the Harvard Fine Arts Department. Additionally, it notes that the Sachs family has contributed $100,000 to the Harvard Business School as a portion of their $500,000 pledge.

The article includes quotes from Arthur Sachs, who explains the importance of the business school in developing competent industrial and commercial leaders. It also lists contributions from various individuals, including $25,000 from Arthur Sachs, $25,000 from Paul Sachs, $50,000 from Samuel Sachs, and $90,000 from Edward R. Forbes, the director of the Fogg Art Museum. The total amount raised for the fine arts is now within $350,000 of its goal.

The clipping is from the Argus Pressclipping Bureau, located at 352 Third Avenue, New York.

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The image shows a newspaper clipping from the Brooklyn Eagle, dated June 19, 1924. The headline reads "Harvard Fund Given $100,000 by N.Y. Bankers."

Here are the key points of the article:

  1. Donation Details:

    • Goldman, Sachs & Co., a banking firm from New York, has donated $100,000 towards Harvard University's endowment fund.
    • Out of this amount, $90,000 is allocated for the Harvard Business School.
    • The remaining $10,000 is given to the Harvard Fine Arts Department as part of the Bishop Lawrence's campaign to extend the university's services.
  2. Purpose of the Contribution:

    • The donors decided to contribute specifically to the Harvard Business School due to their interest in promoting industrial and commercial management education. They believe that primary importance should be given to the practical aspects of business education, such as business management and common stock management.
  3. Contributors:

    • The $100,000 donation is split among several individuals from Goldman, Sachs & Co.:
      • $50,000 from Samuel Sachs.
      • $25,000 each from Arthur Sachs and Walter E. Sachs.
    • Additional information mentions that Paul J. Sachs, an associate of the Fogg Art Museum at Harvard and a former member of Goldman, Sachs & Co., has also contributed to the Fine Arts fund. Specifically, Edward W. Forbes, director of the Fogg Art Museum, has contributed $100,000 towards the fine arts fund, which is now within $350,000 of its goal.

The article highlights the significance of these contributions to both the Harvard Business School and the Fine Arts Department.

Mistral, mistral.ministral-3-14b-instruct

The image shows a vintage newspaper clipping from the Brooklyn Eagle, dated June 19, 1924. The clipping is titled "Harvard Fund Given $100,000 by N.Y. Bankers."

The article reports that Goldman, Sachs & Co., a banking firm in New York, has contributed $100,000 towards Harvard University's campaign for extending the services of the university. The $100,000 donation is part of a larger fundraising goal of $10,000,000. The donation is specified as being for the Harvard Fine Arts Department to support Bishop Lawrence's campaign.

The article also notes that the $100,000 is divided into two parts: $50,000 for the Fine Arts Department and $50,000 for the Harvard Business School. The donation includes $25,000 from Samuel Sachs, $25,000 from Arthur Sachs, and $25,000 from Harry and Walter Sachs. Additionally, Paul J. Sachs, Harvard '90, has contributed $10,000 to the Fogg Art Museum of Harvard University, which is part of the Fine Arts Department.

The clipping also mentions that Samuel Sachs is a former partner of Goldman, Sachs & Co., and is a member of the family of Edward W. Forbes, director of the Fogg Art Museum. The total amount for the Fine Arts fund is now within $250,000 of its goal.

Mistral, mistral.ministral-3-8b-instruct

The image shows a newspaper clipping from the Brooklyn Eagle dated June 19, 1924. The clipping is titled "HARVARD FUND GIVEN $100,000 BY N.Y. BANKERS." It reports that Goldman, Sachs & Co., a banking firm from New York, has donated $100,000 towards the Harvard Business School.

The article explains that this donation is part of a larger campaign to raise $10,000,000 for the Harvard Fine Arts Department, led by Bishop Lawrence. The specific donation of $100,000 is broken down as follows:

  • $50,000 from Samuel Sachs
  • $25,000 from Arthur Sachs
  • $25,000 from Harry Sachs
  • $5000 each from Walter Sachs, Professor Paul J. Sachs, and others

The clipping also mentions the Sachs family's long-standing interest in business management and their contributions to the Harvard Business School, including the establishment of the Paul J. Sachs Professorship in Business Administration.

The clipping is dated and sourced from the Argus Pressclipping Bureau in New York. The date and source are written on a piece of paper attached to the clipping.

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The image shows a newspaper clipping from the "Brooklyn Eagle" dated June 1924. The clipping is from the Argus Press Clipping Bureau, located at 352 Third Avenue, New York.

The headline of the clipping is "Harvard Fund Given $100,000 by N.Y. Bankers." The article reports that Goldman, Sachs & Co., a prominent New York bank, has donated $100,000 towards the Harvard Business School. Additionally, members of the Sachs family have contributed $100,000 to the Harvard Fine Arts Department.

The text elaborates on the reasons behind this generous donation, highlighting the bank's interest in management and the development of industrial and commercial companies. The article mentions that the Sachs family members, including Arthur, Harry, and Walter Sachs, as well as Professor Paul J. Sachs, have each contributed amounts towards this fund.

The $100,000 donation is broken down as follows:

  • $50,000 from Samuel Sachs
  • $25,000 each from Arthur Sachs and Walter Sachs
  • Additional contributions from other family members and associates, including contributions towards the Fine Arts Department of Harvard.

This clipping reflects the significant financial support provided by influential banking families and institutions to the educational institutions of Harvard University during the early 20th century.

Mistral, mistral.magistral-small-2509

The image shows a clipping from the Brooklyn Eagle newspaper, dated June 19, 1924. The headline reads "HARVARD FUND GIVEN $100,000 BY N. Y. BANKERS." The article reports that Goldman, Sachs & Co., a banking firm in New York, along with members of the Sachs family, have donated $100,000 to various funds at Harvard University. The donation is part of a broader effort to raise $10,000,000 for the university. Specifically, $50,000 is allocated to the Harvard Business School, $30,000 to the Harvard School of Architecture, and $20,000 to the Harvard Fine Arts Department. The article also mentions that the donors have a long-standing interest in supporting business education and the arts. The clipping appears to be an original copy, slightly yellowed with age, and is attached to a piece of paper with the heading "Argus Press Clipping Bureau, 352 Third Avenue, New York."

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The image shows the back side of a newspaper clipping from the Brooklyn Eagle dated June 19, 1924. It features a typed and partially handwritten header from the "Argus Press Clipping Bureau, 352 Third Ave., New York," and a clipped news article titled "HARVARD FUND GIVEN $100,000 BY N.Y. BANKERS."

The article details that Goldman, Sachs & Co., bankers in New York, have donated $100,000 toward the Harvard Business School and the Sachs family has also given $100,000 for the Harvard Fine Arts Department. This donation is part of a larger campaign led by Bishop Lawrence aimed at raising at least $10,000,000 for Harvard University. The piece emphasizes the importance of good management in various fields and the contribution of specific individuals like Samuel Sachs, Arthur Sachs, Walter Sachs, and some other affiliates connected to the Fine Arts Fund. The fund is now close to reaching its goal of $350,000.

Azure OpenAI Service, gpt-4

This is a photograph of an old newspaper clipping. The clipping comes from the "Brooklyn Eagle" dated 19 June 1924, and it appears to be mounted on or bookmarked by a piece of paper from the "Argus Pressclipping Bureau" located at 352 Third Ave, New York.

The headline of the newspaper clipping reads "HARVARD FUND GIVEN $100,000 BY N.Y. BANKERS" and follows with the content describing donations made by New York bankers, notably Goldman, Sachs & Co., towards various initiatives at Harvard University, including the Harvard Business School, the library, and other departments.

The condition of the paper suggests it is quite old, and there are signs of aging and wear, such as slight discoloration and frayed edges. Despite its age, the text is still legible.

Azure OpenAI Service, gpt-4o-2024-05-13

This image is of an old newspaper clipping from the Brooklyn Eagle dated June 19, 1924. The clipping has a label from Argus Pressclipping Bureau in New York with the address "852 Third Ave., New York." The headline of the article reads "HARVARD FUND GIVEN $100,000 BY N. Y. BANKERS." The article discusses a donation of $100,000 made by Goldman, Sachs & Co. towards the Harvard Business School, with an additional $10,000 given by members of the Sachs family towards the Fire Arts Department at Harvard. The piece talks about the significant contribution for the development of good management in business and other technical aspects, quoting the benefits and importance of such donations. The clipping includes detailed information about the contributors and the ongoing fundraising campaign for Harvard University. The overall goal for the campaign at the time is mentioned, with specific figures and the current status towards achieving the goal.

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The image shows a newspaper clipping from the Brooklyn Eagle, dated June 10, 1924. The clipping is titled "HARVARD FUND GIVEN $100,000 BY N.Y. BANKERS" and is sourced from the Argus Presspping Bureau, located at 352 Third Ave., New York.

Description of the Content:

The article reports that Goldman, Sachs & Co., a prominent New York banking firm, has contributed $100,000 to Harvard University. The donation is part of a broader fundraising campaign to support the Harvard Fine Arts Department, which is led by Bishop Lawrence. The article highlights the following key points:

  1. Donations Breakdown:

    • Goldman, Sachs & Co. contributed $100,000 to the Harvard Business School.
    • The Sachs family also contributed $100,000 to the Fine Arts Department.
  2. Additional Contributors:

    • Arthur Sachs contributed $25,000.
    • Samuel Sachs contributed $10,000.
    • Harry J. Sachs contributed $10,000.
    • Professor Paul J. Sachs of Harvard contributed $10,000.
    • Samuel Sachs, a former member of Goldman, Sachs & Co., contributed $10,000.
    • Edward W. Forbes, director of the Fogg Art Museum, contributed $10,000.
  3. Purpose of the Donation:

    • The funds are intended to support the extension of services at Harvard University, particularly for the Fine Arts Department.
    • The article emphasizes the importance of educating young men in business and the arts, noting that the Sachs family has long been involved in industrial and commercial companies, and that their contributions reflect their interest in supporting educational initiatives.
  4. Contextual Notes:

    • The article quotes a statement from Goldman, Sachs & Co., expressing their pleasure in advising the firm to contribute to the Harvard Business School.
    • It highlights the Sachs family's long-standing involvement in business and their commitment to investing in education and the arts.

Visual Elements:

  • The clipping is typed in a formal, newspaper-style font.
  • The top of the clipping includes a handwritten note: "36 Jagg", likely a reference or catalog number.
  • The article is neatly clipped and presented, suggesting it may have been preserved for historical or archival purposes.

Overall Impression:

The image captures a historical moment of philanthropy, showcasing the significant financial support provided by prominent bankers and the Sachs family to Harvard University in 1924. The article reflects the era's emphasis on combining business success with educational and cultural contributions.