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The Board was created in 1902 after John D. Rockefeller donated an initial $1 million (equivalent to $35,215,400 in 2023) to its cause. The Rockefeller family would eventually give over $180 million to fund the General Education Board.
John D. Rockefeller was born in Richford, New York, then part of the Burned-over district, a New York state region that became the site of an evangelical revival known as the Second Great Awakening. It drew masses to various Protestant churches—especially Baptist ones—and urged believers to follow such ideals as hard work, prayer, and good ...
Supporters of a new university raised money, selected a new campus in Hyde Park, and opened its doors in 1890. Most of the original financing came from oil magnate John D. Rockefeller, and the American Baptist Education Society The new university had a dynamic young president William Rainey Harper. Classes began in 1892.
A City and Its Universities: Public Policy in Chicago, 1892–1919 (1980). online; Goodspeed, Thomas Wakefield. A History of the University of Chicago, founded by John D. Rockefeller: the first quarter-century (1916) online; Kearney, Edmund W., and Maynard E. Moore. A History: Chicago State University, 1867–1979 (1979). Laub, Martin H.
John D. Rockefeller is considered to be the wealthiest American of all time, earning his immense fortune after gaining control of 90 percent of American oil production in the late 1800s. The oil ...
In 1890, the American Baptist Education Society incorporated a new University of Chicago as a coeducational [36]: 137 institution, using $400,000 donated to the ABES to supplement a $600,000 donation from Standard Oil co-founder John D. Rockefeller, [37] and land donated by Marshall Field. [38]
The top 1% all live better than John D Rockefeller was living when I was six years old. … And today, you can get better medicine, better education, better entertainment, and better ...
The senior John D. Rockefeller (1839–1937) retired from business in the 1890s; he and his son John D. Rockefeller Jr. (1874–1960) made large-scale national philanthropy systematic especially regarding the study and application of modern medicine, higher, education and scientific research.