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Comment by reckoner2

I finished "Titan: The Life of John D. Rockefeller" a few nights ago. It's a mammoth of a book and I believe the undisputed most accurate and comprehensive look at his life.

I think that what you've written here is incredibly misleading when talking about John D. Rockefeller's philanthropy in particular. It is wrong to imply the Rockefeller's secretly controlled strings in order to make profits from their donations. Time and time again he gave away vast sums of money and did everything in his power to separate himself completely from the donation. His largest fear about donating was that the public would label his donation as tainted money. He wanted no influence over, and never visited with most of the receivers of his donations. His only concern was that institutions should not be wholly dependent on his philanthropy, and work to raise money from other sources as well.

The Rockefeller institute for Medical Research is one of the most successful examples of philanthropy ever. And Rockefeller may only be eclipsed by Bill Gates as the greatest philanthropist ever.

You can absolutely (and should) criticize his business practices, but Rockefeller literally created the model of what a successful philanthropist should do.

parent reckoner2 9 years ago

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