Caleb Stimson Fund

Established in 1939 in the will of Caleb Stimson which included a bequest to Amherst College of real estate. Even though a fire destroyed some of the Amherst College records pertaining to this transaction, it seems that on the death of Caleb Stimson’s brother and the latter’s son, the College received the property in 1852. It was sold at some later unknown date and the proceeds were invested with this Fund. The income of this Fund was to be used for scholarship purposes in the “education of pious young indigent men for the gospel ministry.”