Abstract
THE life of John D. Rockefeller, who died on May 23, was a history of system, not only in the American business of oil, but also in the American business of philanthropy. Whilst Rockefeller was learning how to accumulate money, he was con currently learning methods by which he should in time give it away. The nearer he approached monopoly, the easier it was for him to retreat to charity. It is because of Rockefeller's skill in the ways of corporations, in planning, shaping and extending them, that the vast ‘benevolent trusts' which he created, trusts operated by business men as able as the executives of Standard Oil a generation ago, have become a model of American philanthropic enter prises to-day. That model has stood for ‘efficiency in giving’.
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Connely, W. Rockefeller and Philanthropy. Nature 139, 1075–1076 (1937). https://doi.org/10.1038/1391075a0
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DOI: https://doi.org/10.1038/1391075a0