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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]
Jacobs Foundation Switzerland: Zürich: $7.6 billion CHF7 billion 2001 [33] 29 Else Kröner-Fresenius-Stiftung Germany: Bad Homburg: $7 billion €6.2 billion 1983 [34] 30 David and Lucile Packard Foundation United States: Los Altos, California: $6.3 billion 1964 [18] 31 Rockefeller Foundation United States: New York City: $6.3 billion 1913 [35] 32
Rockefeller's fourth main philanthropy, the Laura Spelman Rockefeller Memorial Foundation, was created in 1918. [133] Through this, he supported work in the social studies; this was later absorbed into the Rockefeller Foundation. In total Rockefeller donated about $530 million. [134] Rockefeller in old age
In 1901, Gates designed the Rockefeller Institute for Medical Research (now Rockefeller University), of which he was board president. He then designed the Rockefeller Foundation, becoming a trustee upon its creation in 1913. Gates served as president of the General Education Board, which became the leading foundation in the field of education. [6]
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.
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 ...
The McGinley's tree is now being decorated in Rockefeller Center, and on Nov. 29, the annual tree lighting ceremony will be held. Read on to learn the history of the Rockefeller Center Christmas tree.
Pages in category "Rockefeller Foundation" ... Research Center in Entrepreneurial History; Rockefeller Archive Center; Rockefeller family; S. Southworth House ...