Why did McPherson have these materials? More research is needed, but at first glance:
Manchester's, President Schwalm, was McPherson's President prior to 1942.
Schwalm was probably a member of the Church of the Brethren General Education Board.
L. D. Ikenberry of Manchester was the Agent for the Fund. It appears as if J. H. Fries, of McPherson College, also might have held some responsibility for the account? Again - more research is needed in this area.
Question: Did McPherson College and Manchester College share the income from this Memorial Fund?