Rich ppl give away ~$150 mill to education for philanthropy (1878 - 1898) (dec 6, 1878 – jul 12, 1898)
Description:
New institutions included Cornell (1865), Leland Stanford Jr (1891); Industrial millionaires developed social consciences → donated to edu, Private philanthropy help gov’t grants for higher edu; Leland founded in memory of deceased only child of Central Pacific RR builder; University of Chicago (1892) got lots of $$ from RockefellerAdded to timeline:
Date:
dec 6, 1878
jul 12, 1898
~ 19 years