| Rosenwald Fund |
Website Links For Fund |
Information AboutRosenwald Fund |
| CATEGORIES ABOUT ROSENWALD FUND | |
| charities based in the united states | |
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Julius Rosenwald , an American Clothier , became part-owner of Sears, Roebuck And Company in 1895, and eventually served as its president from 1908 to 1922, and chairman of its Board of Directors until his death in 1932. He became interested in social issues, especially education for African American s, and provided funding through Dr. Booker T. Washington prior to founding the fund. Unlike other endowed foundations, which were designed to fund themselves in perpetuity, The Rosenwald Fund was intended to use all of its funds for philanthropic purposes. It donated over 70 million dollars to Public Schools , Colleges and Universities , Museums , Jewish Charities and black institutions before funds were completely depleted in 1948. The school building program was one of the largest programs administered by the Rosenwald Fund. Over four million dollars was spent to build over five thousand One-room School s (and larger ones), as well as shops, and teachers' homes in the south. These schools became known as " Rosenwald School s." In some communities, surviving structures have been preserved for their historical character. SEE ALSO EXTERNAL LINKS |
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