Iranian Fiduciary Trust Fund Act of 1950

Iranian Fiduciary Trust Fund Act of 1950 was authorized by the 81st United States Congress which established a trust fund for the education of Iranian naturalized persons in the United States. The Iranian academic student exchange program affiliated the United States Cultural Exchange Programs within the cross-cultural auspices and sponsorship of the Fulbright Act of 1946. The Act of Congress confirmed the Iranian trust fund was to be governed by the United States and the Iranian government occurring in four transaction installments as an accrued amount of one hundred and ten thousand dollars between December 24, 1924, and March 29, 1925. The trust fund was conditionally in accordance with the Diplomatic and Consular Service Appropriations Act of 1896 as codified by 29 Stat. 32 entitled Trust Funds. The United States federal statute amended the Permanent Appropriations Repeal Act of 1934 providing an addendum to section twenty entitled Certain Funds Established as Trust Fund Accounts.

Origins of Iranian Educational Exchange Act
Tehran, capital of Persia (Iran), attested to periodic societal rivalries with the Baháʼí Faith during the 1920s of the Qajar dynasty and succession of the Pahlavi dynasty.

A United States Foreign Service officer by the name of Robert Whitney Imbrie was serving in Iran on a temporary assignment representing the foreign relations of the United States. On July 18, 1924, Robert Imbrie toured the Grand Bazaar, Tehran where he was accosted by a social movement of contradictory skeptics of the Baháʼí orthodoxy as an interest group of Religion in Iran. The accentuating social exchange with the Persians ― Islam in Iran ― proved to be a fateful engagement for the United States foreign service officer in July 1924.

Katherine Imbrie, wife of Robert Whitney Imbrie, judiciously appealed to the 69th United States Congress in 1926. The public plea was a expediency for an expenditure of funds advancing the education of Persian students in the United States.