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Strings Attached: How Harvard’s Wealthiest Alumni Are Reshaping University Giving
The General Educational Board, founded by John D. Rockefeller to promote education within the United States "without distinction of race, sex, or creed," has recently issued a report showing how the funds, aggregating nearly $40,000,000, have been used in the accomplishment of this purpose.
The total benefactions distributed to outside institutions up to June 30 of this year amounted to $39,715,720. By direct appropriation the board has devoted $15,894,355 to universities, colleges, schools, educational conferences, rural organization work, and farm demonstration work. Out of funds held by the board "to be applied for such specific objects within the corporate purpose of the board," as might be directed by John D. Rockefeller or his son, gifts of $13,554,343 to the University of Chicago and $10,267,022 to the Rockefeller Institute for Medical Research were made.
About $140,000 was given to rural organization work and rural school agents, and over $1,000,000 to farm demonstration work.
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