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DOC 0000017432
Page 11
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u
-
J
c
663,
dated 26 August 1954, funds are available to match funds raised for
this purpose by the University.
When Subproject 35 was first prepared^it"was hoped and expected that the
funds required would be provided as follows:
The University has allocated
$1
000, 000 to this project and will assuine upkeep and staffing obligations.
agreed tha t if the Agency would provide
- B
jfSBwithagrant of $125, 000,
the Fund would match this amount and
make a total donation
t :
indicated that 4t£|£Mi^Vwould contribute $500, 000
to the bu ilding project on the basis that radiological research would be
B
conducted in the new wing and that the construction of the new facilities
was of interest to that Agency .
In summa ry,
the finane ia l situation was
to have been as follows:
$
$ 1 , 000,000
250, 000
1,250,000
500,000
Donation from
$1257000 was supplied by CIA)
Matched Funds under Public Law 221
~
tl
(of which “
2?
$3, 000,000
- TOTAL
o
It was recognized thXOhe^Federal cbhtributi6n^bf^$l, 250, 000 under Public
Law 221 would be seemingly inflated by reasortof the inclusion of the CIA
contribution in that of
It was felt that the value to
the Agency was such that this inflation of the Federal contribution was more
than justified by the importance of the over-all project and that furthermore,
the inclusion of the CIA contribution in that of4|Q|||^K£MVMNMMPNRPt was the
best means of maintaining security.
\ B
&
The original informal commitment oiythe pa/t o£ 4MSM& was first obtained
through verbal discussions with
"were followed
up by an exchange of correspondence between the.,DCI and
- —
c.
.
Unfortunately at that time $SEj6B8SB&*fas
occupied with the contro-
versy concerning the
and continued contact with ^M|
-
C
^subordinates resulted in a decision that IflflHMISl could not or
$.
would not contribute to the Duildmg Fund, but would be writing to support
an annual research program amounting to $50, 000 to $75, Ouft^
It is not
1
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;
1
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