The Brown University Library gratefully acknowledges the generosity
of donors who recently established new endowments for the Library.
Mr. John Berylson, '75 (a board member of the Friends of the Library)
recently designated a gift for the Mellon Latin American Studies Endowment
Fund, in response to a challenge grant established by the A.W. Mellon
Foundation. This fund will be used to enrich the Library's collection
of material on Latin America.
An anonymous donor established a fund for East Asian Studies in December
2002. Funds will be used to purchase and maintain materials in both
traditional and electronic formats in the area of East Asian Studies.
Endowments may be used for the unrestricted acquisition of books and
other formats, or for the support of operating expenses and special
projects. For example, this year a $100,000 endowment produced income
of about $5,000, which translates into 100 books at $50 each, the
average price of a scholarly imprint. By the same token, a $1 million
endowment generates approximately $50,000 annually, with which the
Library might purchase 1,000 books.
Support for the Library's collections has been a primary focus of
the endowments, but funds aimed at capital projects may provide necessary
support for equipment and activities, as well as for staff. In addition
to monetary gifts, gifts in kind also help support the collections.
Books, manuscripts, maps, works of art, sound recordings and other
media have found a welcoming home at Brown.
If you would like more information about Library endowments, please
contact Pat Putney, Head of Acqui-sitions, via e-mail at 
Patricia_Putney@brown.edu
or by phone at (401) 863-2954.
