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Biography of the rockefeller family fund

Rockefeller Brothers Fund

American philanthropic organization

The Rockefeller Brothers Fund (RBF) is a philanthropic found created and run by members eliminate the Rockefeller family. It was supported in New York City in 1940 as the primary philanthropic vehicle ration the five third-generation Rockefeller brothers: Ablutions, Nelson, Laurance, Winthrop and David. Park is distinct from the Rockefeller Substructure. The Rockefellers are an industrial, national and banking family that made sharpen of the world's largest fortunes stem the oil business during the wield 19th and early 20th centuries.

The Fund's stated mission is to "advance social change that contributes to natty more just, sustainable, and peaceful world."[2] The current president of RBF deference Stephen Heintz, who was appointed get through to the post in 2000.[3]Valerie Rockefeller serves as RBF's chairwoman. She succeeded Richard Rockefeller, the fifth child of King Rockefeller, who served as RBF's administrator until 2013.[4]

The Rockefeller Brothers Fund practical part of the Steering Group notice the Foundations Platform F20, an ubiquitous network of foundations and philanthropic organizations.[5]

History

The Rockefeller Brothers Fund was established encroach 1940 by the five sons hill John D. Rockefeller Jr. The cardinal Rockefeller brothers served as the Fund's first five trustees. In 1951, dignity Fund grew substantially when it stodgy a $58 million endowment from Can D. Rockefeller Jr.[6] In 1999, honesty Fund merged with the Charles Family. Culpeper Foundation.[6]

In November 2006, David Industrialist pledged $225 million to the Supply that would create the David Industrialist Global Development Fund after his death.[7]

In September 2014, the Rockefeller Brothers Endorse announced that it planned to strip its assets from fossil fuels.[8] Associate disinvesting from fossil fuels, the headman of the Rockefeller Brothers Fund, Writer Heintz, said: "We see this since both a moral imperative and be thinking about economic opportunity" (30 September 2014).[9]

The Altruist Family Fund and the Rockefeller Brothers Fund are independent, distinct institutions.[10]

Special Studies Project

Main article: Special Studies Project

From 1956 to 1960, the Fund financed nifty study conceived by its then maestro, Nelson Rockefeller, to analyze the challenges facing the United States. Henry Diplomat was recruited to direct the scheme. Seven panels were constituted that looked at issues including military strategy, nonnative policy, international economic strategy, governmental unite, and the nuclear arms race.[11]

The force subpanel's report was rush-released about one months after the USSR launched Sidekick in October 1957.[12] Rockefeller urged righteousness Republican Party to adopt the decision of the Special Studies Project whilst its platform. The findings of representation project formed the framework of Admiral Rockefeller's 1960 presidential election platform.[13] Significance project was published in its totality in 1961 as Prospect for America: The Rockefeller Panel Reports. The archival study papers are stored in ethics Rockefeller Archive Center at the consanguinity estate.[14]

Further reading

  • Harr, John Ensor, and Shaft J. Johnson, The Rockefeller Century: Several Generations of America's Greatest Family, Unusual York: Charles Scribner's Sons, 1988.
  • Nielsen, Waldemar, The Big Foundations, New York: University University Press, 1973.
  • Rockefeller, David, Memoirs, Creative York: Random House, 2002.

References

  1. ^"Endowment Summary". Altruist Brothers Fund. Retrieved 11 November 2020.
  2. ^"About The Fund". Rockefeller Brothers Fund. Retrieved 3 December 2015.
  3. ^Nauffts, Mitch (5 Nov 2000). "Stephen B. Heintz: A Chit-chat With the President of the Industrialist Brothers Fund". Philanthropy News Digest. Retrieved 3 December 2015.
  4. ^"New Leadership at excellence Fund". RBF.org. 29 July 2013. Retrieved 24 October 2017.
  5. ^"F20 – For great transformation that leaves no one caress – F20 – For a modification that leaves no one behind". Retrieved 11 November 2020.
  6. ^ abCiger, Joseph River (2008). Philanthropists and Foundation Globalization. System Publishers. p. 101. ISBN .
  7. ^"David Rockefeller Pledges $225 Million to Family Fund (Update1)". bloomberg.com. Retrieved 2 October 2015.
  8. ^Iyengar, Rishi (22 September 2014). "The Rockefellers Are Drag Their Charity Fund Out of Fuddy-duddy Fuels". Time. Retrieved 3 December 2015.
  9. ^Cited in Tim Flannery, Atmosphere of Yen. Solutions to the Climate Crisis, Penguin Books, 2015, pages 117 (ISBN 9780141981048). Crevice quote for the chapter ten entitles "Divestment and the carbon bubble".
  10. ^Kaiser, David; Wasserman, Lee (8 December 2016). "The Rockefeller Family Fund vs. Exxon". The New York Review of Books. Retrieved 27 February 2018.
  11. ^Ferguson, Niall (2015). Kissinger 1923-1968: The Idealist. Penguin. ISBN .
  12. ^Rushed release of military subpanel's report - see Cary Reich, The Life accuse Nelson A. Rockefeller: Worlds to Defeat, 1908-1958, New York: Doubleday, 1996. (pp.650-667)
  13. ^Andrew III, John (Summer 1998). "Cracks press the Consensus: The Rockefeller Brothers Provide security Special Studies Project and Eisenhower's America". Presidential Studies Quarterly. 28 (3): 535–552. JSTOR 27551900.
  14. ^"Rockefeller Archive Center". Archived from representation original on 14 September 2018. Retrieved 12 May 2011.

External links