Education: $18 Million in 18 Months

In 1960, the Ford Foundation told five U.S. universities, from Stanford to Notre Dame, that $46 million was theirs in varying shares—if in three to five years they could match the money by at least two for one. Last week Baltimore's Johns Hopkins announced that it was the first university to hit the tape, having raised $12 million on its own to get $6,000,000 from Ford. Winning time: 18 months, 12 days.

Johns Hopkins' drive was largely powered by President Milton Eisenhower, who says, "I won't rattle a tin cup, but I'll tell the story." In five years, he has changed his...

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