Rockefeller now would be the establishment of a great endowment of research and education to help other people see in time how they can keep from being like him.”* Rockefeller.” Samuel Gompers, president of the American Federation of Labor, sneered that “the one thing that the world would gratefully accept from Mr. In spite of his close ties to big business, Progressive presidential candidate Theodore Roosevelt opposed the effort, claiming that “no amount of charity in spending such fortunes can compensate in any way for the misconduct in acquiring them.” The conservative Republican candidate, William Howard Taft denounced the effort as “a bill to incorporate Mr. Senate (he eventually received one from New York State): Rockefeller’s initial request for a charter from the U.S. Setting up do-good corporations, critics said, was merely a ploy to secure the wealth and clean up the reputations of business moguls who amassed fortunes during the Gilded Age. To their many detractors, they looked like centers of plutocratic power that threatened democratic governance. But they would do good according to their own lights, and they would intervene in public life with no accountability to the public required.įrom the start, the mega-foundations provoked hostility across the political spectrum. In addition, each was governed by a self-perpetuating board of private trustees they were affiliated with no religious denomination and they adopted grand, open-ended missions along the lines of “improve the human condition.” They were launched, in essence, as immense tax-exempt private corporations dealing in good works. They had vastly greater assets and were structured legally and financially to last forever. These were strange new creatures-quite unlike traditional charities. The Russell Sage Foundation received its charter in 1907, the Carnegie Corporation in 1911, and the Rockefeller Foundation in 1913. Pughe, Library of Congress)īig philanthropy was born in the United States in the early twentieth century. Now it’s time for a new progressive era-complete with muckrakers and trust-busters to cast a critical eye on big philanthropy. Early twentieth-century skeptics were rightly suspicious of plutocrats deciding how to improve the human condition and then paying to translate their notions into public policy.
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