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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
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 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 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]
The Rockefeller family (/ ˈ r ɒ k ə f ɛ l ər / ROCK-ə-fell-ər) is an American industrial, political, and banking family that owns one of the world's largest fortunes. The fortune was made in the American petroleum industry during the late 19th and early 20th centuries by brothers John D. Rockefeller and William A. Rockefeller Jr., primarily through Standard Oil (the predecessor of ...
“Standard (Oil) at $2,014 makes its head a billionaire,” blared The New York Times headline, adding that Standard Oil’s soaring share price “makes John D. Rockefeller, founder and largest ...