DONALD M. HALSTED, JR. - Corporate Board Profile

BANCROFT FUND LTD

Filing Date	Source Excerpt
2001-12-18	DONALD M. HALSTED, Jr., 74, has been a self-employed businessman since 1983. Mr. Halsted has had more than thirty years experience in management and marketing for cement companies, including several senior management positions. Mr. Halsted served in the Army Air Force in World War II. Mr. Halsted has been a director of the Company since 1970 and is also a director of Ellsworth Convertible Growth and Income Fund, Inc. (Ellsworth) (a closed-end investment company). Mr. Halsted received an A.B. in Economics from Princeton University. ... AUDIT COMMITTEE The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. Lieberman, with Dr. Bogan serving as Chairperson). ... NOMINATING AND ADMINISTRATION COMMITTEE The Nominating and Administration Committee is also comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Lieberman, with Mr. Halsted serving as Chairman). ... DIRECTORS' COMPENSATION Donald M. Halsted, Jr................... $17,200 $34,900
2002-12-26	DONALD M. HALSTED, JR., 75, has been a self-employed businessman since 1983. ... Mr. Halsted has been a director of the Company since 1970 ... The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. Lieberman, with Dr. Bogan serving as Chairperson). ... The Nominating and Administration Committee is also comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Lieberman, with Mr. Halsted serving as Chairman). ... The following table shows the compensation that was paid to the directors solely by the Company ... Donald M. Halsted, Jr............ $16,600
2003-12-29	Donald M. Halsted, Jr., 76, was a self-employed businessman... Mr. Halsted has been a director of the Company since 1970... The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. Lieberman)... The Nominating and Administration Committee is also comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Lieberman, with Mr. Halsted serving as Chairman)... The following table shows the compensation that was paid to the directors solely by the Company as well as by the Fund Complex as a whole during the 2003 fiscal year... Donald M. Halsted $18,800 from Company, $37,100 from Fund Complex.
2004-12-23	Donald M. Halsted, Jr., 77, has been a director of the Company since 1970. He is an independent director. The Audit Committee is comprised entirely of independent directors including Mr. Halsted. The compensation table shows he received $38,700 from the Fund Complex.
2005-12-23	Donald M. Halsted, 1970 Retired. Ellsworth Fund Jr.(2) - 78 Formerly: President and Chief Operating Officer of Lonestar Industries, Inc. (1979-1983); President, Chief Executive Officer and Director of Atlantic Cement Company (1967-1979); Director, Aquarion Company (1975-1999). Mr. Halsted served in the Army Air Force in World War II. Mr. Halsted received an A.B. in Economics from Princeton University.
2006-12-20	Donald M. Halsted, Jr. Retired. Formerly: Partner at the law firm of Ballard Spahr Andrews & Ingersoll, LLP (1964-1988). During his career at Ballard Spahr, Mr. McKee represented publicly owned companies, including closed-end and open-end investment companies, in mergers, acquisitions and securities offerings; Director Emeritus of the Trust and Ellsworth Fund (1988 to 1996). Mr. McKee received his undergraduate degree from the College of Wooster and his law degree from Duke University School of Law. The Audit Committee is comprised entirely of independent trustees (Dr. Bogan, Mr. Halsted and Mr. McMullan). The Governance Committee is comprised entirely of independent trustees (Mr. Ahalt, Mr. Halsted and Mr. Platt). Aggregate Compensation From Fund Complex: $41,500.

ELLSWORTH GROWTH & INCOME FUND LTD

Filing Date	Source Excerpt
2001-11-26	DONALD M. HALSTED, JR., 74, has been a self-employed businessman since 1983. Mr. Halsted has had more than thirty years experience in management and marketing for cement companies, including several senior management positions. Mr. Halsted served in the Army Air Force in World War II. Mr. Halsted has been a director of the Company since 1986 and is also a director of Bancroft Convertible Fund, Inc. (Bancroft) (a closed-end investment company). Mr. Halsted received an A.B. in Economics from Princeton University.
2002-11-26	DONALD M. HALSTED, JR., 75, has been a self-employed businessman since 1983. ... Mr. Halsted has been a director of the Company since 1986 ... The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. Lieberman, with Dr. Bogan serving as Chairperson). ... The Nominating and Administration Committee is also comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Lieberman, with Mr. Halsted serving as Chairman). ... The following table shows the compensation that was paid to the directors solely by the Company as well as by the fund complex as a whole during the 2002 fiscal year. ... Donald M. Halsted, Jr.............. $16,800 $30,650
2003-12-29	Donald M. Halsted, Jr., 76, was a self-employed businessman from 1983 until his retirement in 2003. ... Mr. Halsted has been a director of the Company since 1986 ... The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. Lieberman, with Dr. Bogan serving as Chairperson). ... The Nominating and Administration Committee is also comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Lieberman, with Mr. Halsted serving as Chairman). ... Mr. Halsted currently receives (1) an annual fee of $5,000, (2) $1,000 plus expenses for each Board meeting attended, (3) $1,000 for each shareholders' meeting attended, (4) $1,000 plus expenses for each Committee meeting attended that is not held in conjunction with a Board meeting, and (5) $500 for each Committee meeting attended that is held in conjunction with a Board meeting.
2004-11-29	Donald M. Halsted, Jr., 77, ... Mr. Halsted has been a director of the Company since 1986 ... The Audit Committee is comprised entirely of independent directors (Mr. Benton, Dr. Bogan, Mr. Halsted and Mr. McMullan, with Dr. Bogan serving as Chairperson). ... The Nominating and Administration Committee is comprised entirely of independent directors (Mr. Ahalt, Mr. Halsted and Mr. Platt, with Mr. Ahalt serving as Chairman). ... Mr. Halsted currently receives $19,800 from the Company in director compensation.
2005-12-01	Donald M. Halsted, 1986 Retired. Formerly: President and Chief Operating Officer of Lonestar Industries, Inc. (1979-1983); President, Chief Executive Officer and Director of Atlantic Cement Company (1967-1979); Director, Aquarion Company (1975-1999). Mr. Halsted served in the Army Air Force in World War II. Mr. Halsted received an A.B. in Economics from Princeton University. Audit Committee and Governance Committee member. Total compensation from Fund Complex: $40,125.
2006-11-28	Donald M. Halsted, Jr., Independent Trustee, Audit Committee member, annual compensation $40,125 from Fund Complex.