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HARVARD GAZETTE ARCHIVES
Undergraduate Scholarships Established by Walter C. Klein '39

Walter C. Klein. Photo by Martha Stewart.
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A new scholarship fund for undergraduates is the centerpiece of
Walter C. Klein's latest gift to Harvard. Having previously
established a professorship in the humanities -- of which Charles
Segal is the incumbent -- and funded the Walter C. Klein Wing in the
Barker Center for the humanities, Klein is now providing for students
whose primary course of study is in the humanities. He has doubled
his campaign commitment to $10 million.
Financial aid has been a cornerstone of The University Campaign.
Just this month, the Faculty of Arts and Sciences reached its
$200 million goal for new endowed undergraduate scholarships.
Dean of the Faculty of Arts and Sciences Jeremy R. Knowles said,
"Walter is marvelously indefatigable in his efforts to
strengthen Harvard. He is always aware of what we need to remain
vigorous ‹ whether he is interviewing applicants to the College or
leading the Class of 1939 through its reunions. He is a thoughtful,
articulate, and far-seeing man, and we are lucky to have him as a
warm friend and generous supporter."
"Harvard holds to the premise that college is not a time for a
preprofessional focus but rather for a general, thorough liberal
education," said Klein, who graduated from the College in 1939.
"Throughout my life, I have drawn greatly on my own
humanities education, which has enriched me personally and
professionally."
He added, "I am confident that the University, with Neil and
Jeremy at the helm, is in good hands. I have been especially gratified
to see how serious they are about carefully managing Harvard's
finances ‹ that encouraged me to increase my gift."
A loyal Harvard alumnus, Klein has been active on behalf of
Harvard for many years. He serves on the Committee on University
Resources Campaign Executive Committee, the Harvard College Fund
Council, the Faculty of Arts and Sciences New York Major Gifts
Steering Committee, and the Overseers' Visiting Committee to
the College, as well as being a reunion gift chair for his class's
upcoming 60th reunion.
Each year since the mid-1950s, he has interviewed prospective
Harvard students. He led his Class's 50th and 55th reunions and
has participated in the Fairbank Center for East Asian Research
activities.
"I feel that if you are giving money, you should also be
involved," he explained. "I am interested in knowing
what is happening, especially when I want to convince others to give
to Harvard."
Walter Klein was born in New York City and attended Horace
Mann School, then spent his high school years in Vienna, where his
parents moved temporarily after his father's retirement. He
entered the College in 1936 with advanced standing owing to his
superior secondary education in Vienna. He speaks French, German,
Spanish, and some Italian, and reads Latin, and his love of languages
formed the foundation of his appreciation for the humanities.
Always one to fill every hour, Klein took four courses and audited
another four courses during each term of his three years at Harvard.
He rowed on the crew, worked in the Eliot House library, sold
laundry subscriptions, ushered in a movie theater, and tutored
German.
"Harvard was predominantly a New England school when I
was there, although it attracted a number of students from around
the United States and a handful from abroad," he recalled. His
exposure to European events of the 1930s steered him toward
concentrating in history.
He spent a year at the Law School before embarking on a career
that took him over the next decade to Gary, Ind.; Chicago; Buenos
Aires; and St. Louis.
Klein has spent the majority of his adult life in New York City and
is now president, chairman, and CEO emeritus of Bunge Corporation.
The international food-processing and exporting company employed
40 workers and operated at a loss when he joined it in 1948. He rose
to lead the company, adding storage, shipping, and processing
capabilities and developing its European and Asian business along
the way. At his retirement in 1990, Bunge employed 4,000 and
generated $4 billion in annual revenue. Klein continues to
exercise his business acumen as a consultant to several younger New
York City friends launching entrepreneurial ventures.
Klein has three children from his 50-year marriage to Mary
Kennard Eddy, who died in 1991. Their eldest son, Walter C. Klein Jr.,
is a member of the Class of 1965.
He now takes an occasional vacation from work to pursue art
collecting and visit museums near his Manhattan home and around
the world with his wife, Virgilia Pancoast Klein, an art authenticator
and lecturer. Mrs. Klein shares his enthusiasm about giving to the
College (although her parents and two brothers have Yale degrees),
having joined her husband at many alumni seminars featuring
faculty and students describing their research and study.
Copyright
1999 President and Fellows of Harvard College
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