0 of the first $1 million for endowment, provided the remaining $400,000 was pledged by others within 90 days. Thus begun, the University of Chicago was incorporated in 1890, and over the next twenty years Rockefeller contributed to help build up the institution, always on condition that others should join in its support. In 1910 he made a farewell gift of $10 million, which brought his total contributions to the university to about $35 million. REFERENCE’Shttp://www.bgsu.edu/departments/acs/1890s/rockefeller/bio1.htmhttp://www.encyclopedia.com/printable/11051.htmlhttp://www.rockefeller.edu/archive.ctr/jdrsrbio.htmlhttp://www.powerband.com/scripophily/stanoiltruss.htmlhttp://www2.lhric.org/pocantico/rockefeller/jdr.htmhttp://www2.lhric.org/pocantico/rockefeller/jdr.htmJustin JohnsonOne of oil fathersJohn Davison Rockefeller was the guiding force behind the creation and development of the Standard Oil Company, which grew to dominate the oil industry and became one of the first big oil refiners in the United States, Rockefeller also was one of the first major philanthropists in the U.S., establishing several important foundations and donating a total of $540 million to charitable purposes. Rockefeller was born on farm at Richford, in Tioga County, New York, on July 8, 1839, the second of the six children of William and Eliza Rockefeller. The family lived in modest circumstances. When he was a boy, the family moved to Moravia and later to Owego, New York, before going west to Ohio in 1853. The Rockefellers bought a house in Strongsville, near Cleveland, and John entered Central High School in Cleveland. While he was a student he rented a room in the city. He left high school in 1855 to take a business course at Folsom Mercantile College. He completed the six-month course in three months and, after looking for a job for six weeks, was employed as assistant bookkeeper by Hewitt & Tuttle, a small firm of commission merchants and produce...
