Key points are not available for this paper at this time.
THE ninth annual report of the president and the treasurer of the Carnegie Foundation for the Advancement of Teaching, for the year ending September 30, 1914, shows a total endowment of 2,850,000l., a surplus of 249,000l., an annual income of 149,200l., and an annual expenditure of 143,200l. Of this 9400l. was spent in administration, 9400l. in educational inquiry, and 126,800l. in retiring allowances and pensions. During the year twenty-nine retiring allowances and fifteen widows pensions were granted, the average grant being 329l. 10s., The total number of allowances now in force is 332, the total number of widows' pensions 100, the general average grant being 319l. The total number of allowances granted since the beginning of the foundation is 595, the total expenditure for this purpose being 710,200l.
A Fri, study studied this question.