New York Approves Rockefeller Foundation

In the early 20th century, the success of Standard Oil made the Rockefeller name synonymous with power and influence.  In order to positively use his great wealth, John D. Rockefeller decided to create a philanthropic organization.  Other millionaires of the time had created philanthropic organizations, such as the Carnegie Corporation and the Russell Sage Foundation, but none matched the scope and vision of Rockefeller.

On this day, May 14th, in 1913, the Rockefeller Foundation’s charter was approved by the New York State Legislature.  The foundation was created by John D. Rockefller, John D. Rockefeller, Jr. and Frederick Taylor Gates to be one of the largest philanthropic organization ventures in history.  The Rockefeller Foundation focused on philanthropy on an international level.  Within the first two years, the Rockefeller Foundation funded several groundbreaking projects, including: the creation of the International Health Commission, which went on to complete invaluable research in controlling hookworm, malaria and yellow fever; the world’s first school of Hygiene and Public Health at Johns Hopkins University; and the China Medical Board.

The Rockefeller Foundation is still very active today and is considered among the world’s most influential non-profit organizations.  The foundation’s current philanthropic activities are split into five areas: medical, health, and population sciences; agricultural and natural sciences; arts and humanities; social sciences; and international relations.