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George Peabody (/ ˈ p iː b ɒ d i /; February 18, 1795 – November 4, 1869) was an American financier and philanthropist. He is often considered the father of modern philanthropy.
George Foster Peabody (1852–1938), namesake of the awards, was a highly successful investment banker who devoted much of his fortune to education and social enterprise. Lambdin Kay was the awards chairman for the National Association of Broadcasters when he was asked to create a prize to honor the nation's premier radio programs and performances.
He was born to George Henry Peabody and Elvira Peabody (née Canfield) as the first of four children. [1]Both parents were New Englanders of colonial ancestry. George Henry Peabody, who came from a line of merchants, bankers and professional men, had moved from Connecticut to Columbus, Georgia, where he ran a prosperous general store.
Lighter Side. Medicare. new
The following is a list of George Foster Peabody Award winners and honorable mentions during the decade of the 2010s. 2010. Recipient [1] Area of Excellence
The George Peabody House Museum is a historic house museum at 205 Washington Street in Peabody, Massachusetts. It is dedicated to the life and deeds of 19th century U.S. entrepreneur, philanthropist, and namesake of the city, George Peabody. The museum shares its location with the Peabody Leather Museum.
The banking business was formally incorporated in 1851 as George Peabody & Co. and by the time of Peabody's retirement in 1864 had become the largest American merchant bank in London. [1] In 1854 Peabody had taken on Junius Spencer Morgan as a partner with just under a 9% interest in the capital of the firm and a 28% interest in its profits. [2]
Upon Peabody's retirement in 1864, control was assumed by Morgan who had joined the firm as a partner in 1854. As a consequence the firm was re-styled J. S. Morgan & Co. [2] The firm's New York agency was later to become J.P. Morgan & Co. (under the leadership of Junius' son J. Pierpont Morgan, who had apprenticed as a cashier at Duncan, Sherman & Co.) a predecessor firm of JPMorgan Chase. [3]