Biography of the rockefeller family fund
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Rockefeller Foundation
American philanthropic organization
The Rockefeller Foundation is an American private foundation and philanthropicmedical research and arts funding organization based at 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, , when its charter was granted by New York.[4] It is the second-oldest major philanthropic institution in America (after the Carnegie Corporation) and ranks as the 30th largest foundation globally by endowment, with assets of over $ billion in [2]
Since its inception, the foundation has donated billions of dollars to various causes, becoming the largest philanthropic enterprise in the world by the s.[5][6][7] The foundation has maintained an international reach since the s and major influence on global non-governmental organizat
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John D. Rockefeller,
John Davison Rockefeller (JDR) was the guiding force behind the creation and development of the Standard Oil Company, which grew to dominate the oil industry and became one of the first big trusts in the United States, thus engendering much controversy and motstånd regarding its business practices and form of organization. JDR also was one of the first major philanthropists in the United States, establishing several important foundations and donating a total of $ million to charitable endeavors.
John D. Rockefeller was born on July 8, , on farm in Richford, New York, the second of the six children of William A. and Eliza Davison Rockefeller. The family lived in modest circumstances. When he was a boy, his family moved often, arriving in Ohio in JDR attended Central High School in Cleveland and joined the Erie Street Baptist Church, which later became the Euclid Avenue Baptist Church. Active in its affairs, he became a trustee of the church at the age of
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History of the Rockefeller Family Fund
Martha, John, Laurance, Nelson, and David Rockefeller created the Rockefeller Family Fund (RFF) in Since then, RFF has worked at the cutting edge of advocacy across our program areas. Explore the timeline below to learn more about our history as a creative grant maker and our role in the nonprofit and funding communities.
July 6,
The Rockefeller Family Fund is incorporated, with an early focus on the problems of housing and education in the New York and Boston metropolitan areas, where many of the first trustees lived.
Dana S. Creel becomes the first employee of RFF, serving until
Martha Baird Rockefeller leaves a large bequest to the Rockefeller Family Fund, establishing its endowment.
June
Trustees establish the five program areas in which the fund will make grants going forward: Arts-Public Aesthetics Program (ended in ), Education Program (ended in , though briefly revived from ), Equal Opportunity &nda