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The first Combined Fund is established so that, in addition to starting a fund, donors have the option of giving a gift of any size that is pooled so that it can be “invested with economy” and grants can be disbursed at the discretion of the Distribution Committee, which consists of “Cambridge citizens who are chosen for their knowledge of philanthropic affairs and community needs.”

By | 2017-01-19T15:18:26+00:00 November 11th, 1931|Comments Off on 1931 – COMBINED FUND ESTABLISHED

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