Rockefeller Foundation

Rockefeller Foundation

The Rockefeller Foundation is a private foundation based in New York City, United States. It was established by the six-generation Rockefeller family. The Foundation was started by Standard Oil owner John D. Rockefeller ("Senior"), along with his son John D. Rockefeller Jr. ("Junior"), and Senior's principal oil and gas business and philanthropic advisor, Frederick Taylor Gates, in New York State on May 14, 1913, when its charter was formally accepted by the New York State Legislature.

History

The Rockefeller Foundation's inception was influenced by the philanthropy and thought of Andrew Carnegie, who in 1889 wrote The Gospel of Wealth, an article which proposed that the rich have a moral obligation to give away their fortunes. In 1901, John D. Rockefeller Sr. had taken a step in Carnegie's direction by establishing the Rockefeller Institute for Medical Research.

Mission and Goals

The foundation's stated mission is "promoting the well-being of humanity throughout the world." Its goals include advancing inclusive economies that expand opportunities for more broadly shared prosperity, and building resilience by helping people, communities and institutions prepare for, withstand, and emerge stronger from acute shocks and chronic stresses.

Programs

The Rockefeller Foundation funds a variety of programs to achieve its goals. Some of the major programs include:

• Global Health: The foundation has a long history of supporting advances in healthcare. Its achievements include aiding the discovery of the vaccine for yellow fever, and it continues to fund research into diseases such as malaria and HIV/AIDS.

• Food Security: The foundation aims to ensure that more people have access to nutritious food, particularly in developing countries. It supports initiatives to improve agricultural practices and create sustainable food systems.

• Climate and Resilience: The foundation works to help communities adapt to the challenges of climate change and build resilience against future shocks.

Impact

The Rockefeller Foundation has had a significant impact on various fields, including public health, medical education, and the arts. It has funded, among other things, various universities, the Green Revolution, and the Global Polio Eradication Initiative.

See Also

• Philanthropy in the United States
• List of wealthiest charitable foundations
• Carnegie Corporation of New York
• Bill & Melinda Gates Foundation

This philanthropy related article is a stub. You can help WikiMD by expanding it.