Monday, Aug. 09, 1926

Will

A long, courtly document, written out in longhand on glazed paper, was recently filed in a Manhattan court--the last Will and Testament of the late Cleveland H. Dodge, financier, philanthropist. During his lifetime he gave away $40,000,000, mostly to religious causes. He backed Woodrow Wilson in his last two campaigns. An official of the Y. M. C. A., asked for an estimate of his contributions, gasped: "Why, it would take weeks to get those figures together. . . ." Religious foundations had waited expectantly for the will to be filed. If alive he gave such vast sums to God, what would he not give dead? The Will made answer: "Following the example of my dear father, and believing it wiser to give liberally during my life to religious and charitable objects, I make no bequest of that character. . . .

"Whereas my honored and revered great-grandfather, Anson G. Phelps, bequeathed to my father $5,000 . . . the income therefrom to be devoted to the spread of the Gospel and to promote the Kingdom of the Redeemer on Earth . . . I bequeath the said sum of $5,000 to my son, Cleveland Earl Dodge ... to be sacredly appropriated as was directed in my grandfather's will. . . ."

The rest of his fortune he left to his family, friends, and servants. His elder son, Bayard Dodge, is President of the American University in Beirut, Syria, which began as a missionary enterprise and to which the late Mr. Dodge gave much. $20,000,000 was the estimated value of the estate.