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Letter of Gift

To the Trustees of Russell Sage Foundation:
I have transferred to Russell Sage Foundation...a fund, the principal of which...shall be held, and the income thereof applied to the improvement of social and living conditions in the United States of America....
The scope of the Foundation is not only national but is broad. It should, however, preferably not undertake to do that which is now being done or is likely to be effectively done by other individuals or by other agencies. It should be its aim to take up the larger and more difficult problems, and to take them up so far as possible in such a manner as to secure co-operation and aid in their solution....
Yours sincerely,
Margaret Olivia Sage
New York, April 19, 1907