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The Rosenwald Fund also made fellowship grants directly to African-American artists, writers, researchers and intellectuals between 1928 and 1948. Civil rights leader Julian Bond , whose father received a Rosenwald fellowship, has called the list of grantees a "Who's Who of black America in the 1930s and 1940s."
The Rosenwald Fund was based on a system of matching grants, requiring white school boards to commit to maintenance and black communities to aid in construction. Fulfilling the goals of the match grant program, African American communities contributed $4.8 million to the building of 5,338 schools throughout the South.
Julius Rosenwald (August 12, 1862 – January 6, 1932) was an American businessman and philanthropist.He is best known as a part-owner and leader of Sears, Roebuck and Company, and for establishing the Rosenwald Fund, which donated millions in matching funds to promote vocational or technical education.
Sears, Roebuck and Co., commonly known as Sears (/ s ɪər z / SEERZ), [5] is an American chain of department stores founded in 1892 by Richard Warren Sears and Alvah Curtis Roebuck and reincorporated in 1906 by Richard Sears and Julius Rosenwald, with what began as a mail ordering catalog company migrating to opening retail locations in 1925, the first in Chicago. [6]
Succeeding his father, he was chairman of Sears from 1932 until 1939, when he dedicated himself full-time to collecting rare books and art, as well as managing the family charities, chiefly the Julius Rosenwald Fund, which made fellowship grants directly to hundreds of African-American artists, writers, researchers and intellectuals. In 1943 ...
He helped establish the nationwide United Jewish Appeal in 1939 and made other charitable grants through the William Rosenwald Family Fund. His father was Julius Rosenwald , the former chairman of Sears, Roebuck and Company and a leading philanthropist whose Rosenwald Fund built 5,000 schools for black children in the South a few decades after ...
The runaway success of Sears, Roebuck and Company inspired its creators to build a merchandising plant covering 41.6 acres on Chicago's west side in 1904. With nine stories and 3 million square ...
Roebuck was Sears's first employee, and he later became co-founder of Sears, Roebuck & Company, which was formed in 1891 when Sears was 28 years old. In 1895 the company was short of cash and Roebuck had left the business. Sears sold one half of the company for $75,000.00 to Aaron Nusbaum and his brother-in-law, Julius Rosenwald.
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