Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1895-11-27

10000 with the IrOviso that not more
than $4,000 be used for running eX-
penses. the rest to be used for the gene
raj purposes Of the university. In Janu-
airy, 1891, he made "A contribution Of
$1,000 for the purchase OF books. and in
January. 1855. he gave $4,000 as a New
Year present
HIS METHOD OF GIVING.
It has always been fayorite method
with Mr.. Rockefeller. In making contribu-
lions 10 colleges and schools and church
organizations. 10 give a sum conditional
upon the recipient raising a stipulated
amount to which it might be added. Until
he had embarked upon the Chicago Uni
verslty enterprise his theory had always
been. in dealing with educational institu-
lions. and even with churches. that Il was
well TO put small sums into the charge OF
institutions needing aid. and encourage
them 10 help themselves, rather than to
carry them on.
His gifts have been mainly TO Baptist
organizations. He has been Interested in
the religious education Of negroes in the
South. and gave the fuilding for the
Spellman Institute ina. I'd for his wife
who WAS a school teacher IL Cleveland.
at Selma, Ala. which Is rnier Baptist
control. He built the Rockefeller Hall at
Rochester. and his gifts e that univer-
sity have amounted TO more than $1,000
Substantial gifts he has also made TO
the Cook Academy. az Havana. y. Y:
the Peddie Institute. at Hightstown, "
J.. and Vassar College. the latter receiv-
ing 10000.
one OF the few friends OF Mr. Rookie
feller, who Is In a position 10 talk intel
ligently on the subject. recently said that
IN all about S20eo)0o0 had been given
away by the millionaire during the past
eighteen or twenty years.
OTHER FAMOUS PHILANTHROPISTs.
The other great philanthropists OF the
land have never given such large sums.
but in proportion 10 The wealth they
have been even more liberal. Peter
Cooper, Seth Low, George Peabody, and
Leland Stanford are and were greater
phllanthropists than Mr.. Rockefeller
With a fortune Of t3,5ooVo0. Seth Low re-
Gently gave 100000 to Columbia College.
lie has also given largely In other ways.
When Peter Cooper died in 1883 he left
comparatlyely little property. Nearly all
lie had acquired was used in the building
and endowment Of Cooper Union. The
grounds and buildings cost $4,000. and
Mr.. Cooper gave $4,000 10 the institution
az an endowment. and devised 10 II $780,
COO. This makes $50 900 which he gave
while living. a much larger proportion
OF his fortune than was ever given away
by any American.
George Peabody gave 100000 for phil
anthroyic purposes in life. and left 500 o.
90 10 be divided among his relatives. His
largest gift was 100000 TO establish the
southern educational fund. But OF this
81 600 was In the hands OF the State OF
Mississippi. which later became value
Less. lie gave $4,000 at various times to
establish houses for the deserving poor
Of London, and sl.5ooooo TO the city OF
Baltimore to found an institute.
ID. X. Pearsons lives in Chicago. Seven
or eight years ago he began To give away
his property so that at his death there
would be little left for anybody to quarrel
over. His system IL 10 promise 5000 10
$4,000 to a college or other institution
that shall raise an equal or greater
amount-usually three times the amount
he gives. He believes that in this way
Others are stimulated TO give. and the
beneficiary Is so much better OF. In the
last few years Mr.. Pearsons has given
away several million dollars In an unos-