The free lance. (Fredericksburg, Va.) 1885-1926, 1910-03-05
WORK FOX CHARITY
Rockefeller. Jr.. viii Dis.
penSe Fathers Millions.
OUT OF STANDARD OIL BOARD
Son Will Give Up Business to Garry
on His Fathers Vast Charitable
Projects. Embodied in Rookie
feller Foundation.

New NOfk. March 1T was learned
that the directorate of the Standard
OH company had been reduced ON Jan.
IL from fifteen to fourteen members.
and that the name of John ID. Rookie
teller. Jr.. had been omitted from the
list Of directors for the current year.
Mr.. Rockeieller's retirement from the
board. together with TIE statement
that he had resigned because he de-
sired To devote more OF his time TO
the philanJhropic projects in which
he and his father are interested. leads
% the natural conclusion that the
Younger Rockefeller will devote his
time to the supervision OF the lm-
mense charitable project embodied in
the Rockefeller Foundation. bill for
the Incorporation OF which was intri-
duced In congress Wednesday.
Furthermore. John D. Rockefeller.
Jr. has resigned from many other
boards of late. II was said at the
Standard on Offices that young Mr..
Rockefeller hadn't been as active 10
the management OF the company as
his position as director might seem to
indicate.
Scope Practically Unlimited.
The new Rockefeller Founda ion Is
at present bur vaguely outlined. In
Senator Galliager's bill there is n par.
sgraph stating the objects OF the IN
| dertaking. To promote well being and
to advance the civilization OF the PEG
pies OF the United States ana its ter.
| ritories and possessions and OF foreign
lands. in the acquisition ami dissent.
nation Of knowledge. in the prevention
and relief OF suffering. and In the pro
motion OF any and all OF the elements
Of human progress" Thus reads the
prospectus Of an organization which.
according 10 a statement made by
Frederick T Gates. Is nothing new un.
der the sun. Every other charitable in
stitution has been organized. said he.
for some specific object The new
scheme differs from all in that IL is
limited IN its activities 10 no particti-
lar race. religion. time plan or
method. II will be a reserve fund In
time OF calamity. and II can be used
for any emergencies that may arise.
What mieht have been field for
charity ten years ago" he continued
is very possibly now. On account Of
changing conditions field in which
labor and money would be wasted.
There are today hun Irods Il organ
lied charities which are not doing any
practical good for this reason"
S;srr J Murphy said that g. would
| be impossible 10 discuss the actual
working out Of this inclusive project
until congress had taken action. nor
could he say what would become OF
the bulk OF MIR. Rockefeller's fortune.
The General Education Board. which
may In time be superseded BY the
Foundation. received $4,000 900 from
Mr.. Rockefeller. He himself has said
that his fortune cannot exceed $780,
100000. The Young man. who will in
all probability have the management
OF the Foundation. IS now thirty-three
years OF age. After graduating from
Brown university he became engaged
IN business interests with his father
as director Of the Standard OH com.
pany' the United 81 PacfE-s railroad
Sss,9ht -l5ssrio Fuel and Iron compauy
and the Federal Mining and Smeltins
company and member OF the board
| or managers OF the Delaware. Lacka.
wanna & Western Railroad companv
In 1901 he was married TO Miss
Abby Greene Aldrich daughter Of Mel
son W. Aldrich John d Rockefeller I'd
was born In 1906.