Democratic Sentinel, Volume 16, Number 51, Rensselaer, Jasper County, 6 January 1893 — Magnificent Beneficence. [ARTICLE]

Magnificent Beneficence.

John D. Rockefeller’s Christmas contribution of an additional million dollars to theV University of Chicago makes his total gift to that institution $3,600,000 —a noble sum—probably the greatest amount ever given in the history of the world by one man during his life time to a single educational object. The original gift of George Peabody for the promotion of education in the South was $2,100,000, and he subsequently increased it to $3,500,000, but this was SIOO,OOO short of what Rockefeller has done for the Chicago University. The giving of Peabody’s $8,500,000 ‘ was stretched over a period of three years. Rockefeller has given his $3,600,000 since May, 1889.