Tag: ownership

In 1956 George and Annemarie transferred ownership of the school to a non-profit educational trust.  This would make it possible to accept tax-deductible donations to the Gifted Child Project they were launching.  In the 1956 trust agreement, George and Annemarie specified that the school had to admit students “regardless of race, sex or creed,” and that the school was to set aside a significant portion of its income for scholarships.  Here are the first four pages of the agreement.