The Payne Study and Experiment Fund was started in 1927 by Frances Payne Bolton to support a study of the influence of pulp fiction on young women. Mrs. Bolton was a wealthy mother who was interested in education and started the fund because she was concerned about the media's influence on youth.
Famous quotes containing the word fund:
“I am advised that there is an unexpended balance of about $45,000 of the fund appropriated for the relief of the sufferers by flood upon the Mississippi River and its tributaries, and I recommend that authority be given to use this fund to meet the most urgent necessities of the poorer people in Oklahoma.”
—Benjamin Harrison (1833–1901)