Trinity College Receives $180,000 Grant from the Netherlands
Diocesan Press Service. June 5, 1968 [66-12]
NEW YORK, N. Y. -- A grant of $180, 000 has been given by the Netherlands Government to Trinity College, Quezon City, Philippines, it was announced May 23.
This grant, the largest to be received by the college which is a joint enterprise of the Episcopal Church and the Philippine Independent Church, will enable the College to complete a much needed science building, with modern classroom and laboratory facilities.
The College was founded in 1959 from gifts made in 1922 and 1923 of shares of Proctor and Gamble stock. The first gift, one of 60 shares, was made by Mrs. Mortimer Matthews, a member of the Proctor family, and the second, of 100 shares, was given by the Rt. Rev. Paul Matthews, Bishop of New Jersey. Bishop Matthews was the husband of Elsie Proctor, granddaughter of the founder of Proctor and Gamble. The gifts were a reflection of the continuing interest of the Proctor family in the missionary work of the Episcopal Church in the Philippines.
At the time, the 160 shares of stock were worth $25,000. The funds were not spent. In 1961, through the accumulation of dividends and splitting of shares, the stock had increased to 867 shares valued at $491,361.82. The money was then used by the Rt. Rev. Lymon C. Ogilby, then Bishop of the Philippines, to acquire property and buildings for Trinity College.
The College is located on Cathedral Heights, Quezon City, adjacent to St. Andrew's Seminary.
An independent Christian college, it faces many of the same problems that American higher education is now facing. * Arturo M. Guerrero, Trinity's president, said that student unrest was also a part of the Philippine educational picture. He also expressed the opinion that, in this age of high speed communication, unrest in America and Europe is quickly felt in other parts of the world.
Asked what a Christian college could uniquely contribute in the Philippines, he stated that the creation of an atmosphere in which a student could grow morally as well as intellectually would be such a college's major contribution.
Trinity College is the newest member of the Association of Episcopal Colleges.