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American History

40 facts about John D. Rockefeller, the richest American of all time

John D. Rockefeller - Standard Oil

38. The creation of the Rockefeller Foundation in 1913

A 1936 view of New York looking north from offices of the Rockefeller Foundation. Wikimedia

John D. Rockefeller set aside $250 million of his personal wealth to establish the Rockefeller Foundation in 1913, with its charter focusing its work in the areas of public health, public housing, education, and the training of medical professionals. The Rockefeller Foundation, in turn, endowed the School of Hygiene and Public Health at Johns Hopkins University. Rockefeller Foundation money was paramount in the relief efforts in war torn Europe after World War One, as well as research into the spread and containment of the Spanish Flu Pandemic which took hold during the latter days of the war and which spread with such virulence during its aftermath.

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