Rockefeller Family - Generational Philanthropy

Generational Philanthropy

The members of the Rockefeller family are noted for their philanthropy; a Rockefeller Archive Center study in 2004 documents an incomplete list of 72 major institutions that the family has created and/or endowed up to the present day. Historically, the major focus of their benefactions have been in the educational, health and conservation areas.

Family leaders in both philanthropy and business have included John D. Sr., John D. Jr. ("Junior"), John D. III, Laurance and David, who is the family's current patriarch. Several family members have held high public office, including Vice President of the United States (Nelson Rockefeller), United States Senator (Jay Rockefeller), state governor (Nelson, Jay, and Winthrop Rockefeller), and lieutenant governor (Winthrop Paul Rockefeller). Another noted family member was Michael Rockefeller, son of Nelson Rockefeller, an anthropologist who came to media attention after he was presumed killed in New Guinea in 1961.

The corporate, financial and personal affairs of the family - numbering around 150 blood relatives of John D. Rockefeller - are run from the family office, Room 5600, known officially as "Rockefeller Family and Associates". It comprises three floors of the GE Building in Rockefeller Center; all private family legal matters are handled by the family-associated New York law firm of Milbank, Tweed, Hadley & McCloy. Room 5600 is also the base of the current family historian, Peter J. Johnson, who assisted with David Rockefeller's Memoirs, published in 2002.

To distinguish the generations and facilitate communication, the fourth generation is generically known as "The Cousins" (24 in all, with 21 still living) and the younger family members are known as the "Fifth/Sixth" generation. Many if not all of these family members are involved in institutionalised philanthropic pursuits. Family links are solidified through the practice of ritualised family meetings - which started with the regular "brothers' meetings" held in Room 5600 or in their respective private residences, beginning in 1945. Family get-togethers are held today at the "Playhouse", in the Westchester County family estate of Pocantico, in June (the "cousins weekend") and December of each year (see Kykuit).

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Famous quotes containing the word philanthropy:

    Almost every man we meet requires some civility,—requires to be humored; he has some fame, some talent, some whim of religion or philanthropy in his head that is not to be questioned, and which spoils all conversation with him. But a friend is a sane man who exercises not my ingenuity, but me.
    Ralph Waldo Emerson (1803–1882)