Horkheimer prioritized his own scholarly work over the Institute’s common resources as endowment shrank

Evidence

When the endowment capital began to shrink, from the late 1930s onwards, Horkheimer’s main concern became to reserve a large enough part of the assets early enough to secure his own scholarly work on a long-term basis. Accordingly, Lowenthalin his capacity as one of the trustees of the `foundations’ among which the funds were distributedwas one day asked to transfer $50,000 to a fund with Horkheimer as its sole beneficiary. — Rolf Wiggershaus, The Frankfurt School, 1086

Categorization

• XREF: connects to: Horkheimer moved to secure his own funding as the Institute’s endowment shrank. — Rolf Wiggershaus, The Frankfurt School: Its History,…, 1086; Horkheimer’s private wealth funded the Institute through a lifelong annuity — Rolf Wiggershaus, The Frankfurt School: Its History,…, 445; Administrative duties at the Institute starved Neumann of the publications American academia required — Rolf Wiggershaus, The Frankfurt School: Its History,…, 948

Broader Connections

• Horkheimer moved to secure his own funding as the Institute’s endowment shrank. #corroborates (0.95) — Rolf Wiggershaus, The Frankfurt School, 1086
• Horkheimer’s private wealth funded the Institute through a lifelong annuity #contradicts (0.80) — Rolf Wiggershaus, The Frankfurt School, 445