Philanthropy
In 1956, Revson established the Charles H. Revson Foundation, which he funded with over $10 million dollars during his lifetime. The foundation funded schools, hospitals, and service organizations serving the Jewish community, mostly located in New York. Upon his death, Revson endowed the foundation with $68 million from his estate and granted the board of directors the discretion to chart the foundation's future course. In 1978, the foundation began a formal grantmaking process, and since that time, it has disbursed a total of $145 million in grants and its endowment has grown from $68 million to $141 million.
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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)
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)
“I shall not be forward to think him mistaken in his method who quickest succeeds to liberate the slave. I speak for the slave when I say that I prefer the philanthropy of Captain Brown to that philanthropy which neither shoots me nor liberates me.”
—Henry David Thoreau (1817–1862)