Origin of the Fund:

The Leo S. Rowe Pan American Fund was established by the Pan American Union (precursor of the Organization of American States) in 1948 in compliance with the following clause of the will of Dr. Leo Stanton Rowe:

"[...] and the entire remainder thereof unto the Pan American Union, hereinbefore mentioned, to be administered by the Governing Board of the Pan American Union as a revolving Fund for Latin American Students who may desire to study in universities or colleges of the United States. This Revolving Fund may also be used by the Governing Board as a Loan Fund for the entire personnel of the Pan American Union under regulations prescribed by the Governing Board."

At the time of his will, the Pan American Union was made up of the United States and Latin American countries only.

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