How Did Jp Morgan Contribute

Generous donations are always appreciated, especially for a cause such as a love for art or literature. JP Morgan himself was an art lover, and helped fund, in fact spearheaded the project, the Metropolitan Museum of Art. He donated his entire art collection, which he started when he was just 19, and even was a trustee of the museum for 44 years. Contributions to the museum, notes Strouse, were “collections of minerals, gems, meteorites, amber, books, prehistoric South American relics, American Indian costumes, fossil vertebrates, skeletons, and the mummy of a pre-Columbian miner preserved in copper salts.” (J. P. Morgan - The Philanthropy Roundtable)In addition, he gave $500,000 towards the Cathedral of ST. John the Divine, that sum only including the year 1892. Andrew Carnegie, another philanthropist, was a generous funder of libraries, as he was an avid reader himself. A grand sum of 5 million was donated to the New York Public Library, and it’s even said more than 2,800 libraries have opened with his support.

Andrew Carnegie for one funded several organizations and institutions, such as, Carnegie Institute of Technology, Carnegie-Mellon University, Carnegie Foundation for the Advancement of Teaching, and Carnegie Endowment for International Peace. Another philanthropist, John D Rockefeller, backed a school, which would later be renamed Spellman to honor his gifts and after his spouse, called Atlanta Baptist Female Seminary. This is not the last time he has donated towards colleges for black people, he also gave gifts to the Tuskegee Institute and Morehouse College. He also contributed to the creation of another college, this time a Baptist University, which is the University of Chicago. Though his initial gift was $600,000 by the end of his life he had donated a grand sum of 35