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The Rockefeller Foundation is an American private foundation and philanthropic medical research and arts funding organization based at 420 Fifth Avenue, New York City. [3] The foundation was created by Standard Oil magnate John D. Rockefeller ("Senior") and son "Junior", and their primary business advisor, Frederick Taylor Gates, on May 14, 1913, when its charter was granted by New York. [4]
Rockefeller Foundation United States: New York City: $6.3 billion 1913 [34] 32 Andrew W. Mellon Foundation United States: New York City: $6.2 billion 1969 [17] 33 John D. and Catherine T. MacArthur Foundation United States: Chicago: $6 billion 1970 [17] 34 Robert Bosch Foundation Germany: Stuttgart: $6 billion €5.3 billion 1964 [35] 35
Rockefeller's fourth main philanthropy, the Laura Spelman Rockefeller Memorial Foundation, was created in 1918. [132] Through this, he supported work in the social studies; this was later absorbed into the Rockefeller Foundation. In total Rockefeller donated about $530 million. [133] Rockefeller in old age
Standard Oil founder John D. Rockefeller furthered his philanthropic legacy beyond all reproach on Dec. 24, 1919, when he donated $100 million. It was, at the time, the single-largest such gift
John D. Rockefeller – founder of the University of Chicago, Rockefeller University, Central Philippine University, General Education Board, and Rockefeller Foundation; John D. Rockefeller III – major third-generation Rockefeller philanthropist; founder of the Asia Society (1956), the Population Council (1952) and a reconstituted Japan ...
On January 15, 1902, two months after the Southern Education Board was founded, a small group of men gathered at the home of banker Morris Ketchum Jessup to discuss education. This meeting included John D. Rockefeller Jr., Robert Curtis Ogden, George Foster Peabody, Jabez Lamar Monroe Curry, William Henry Baldwin Jr., and Wallace Buttrick. That ...
John D. Rockefeller founded Standard Oil in 1870 and cornered America’s oil market. He was the world’s richest man by the end of the 19th century until Carnegie’s epic deal with Morgan ...
In 1950 the family gave up control of the Foundation, Keeping a few seats on the board until 1976. In 1955 the Foundation sold most of its Ford shares. By then it passed the Rockefeller Foundation to become the largest philanthropy, with very large scale projects in the United States and around the world.