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How Did Jp Morgan Contribute

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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. …show more content…

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

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J.P. Morgan was a captain of industry who was very effective with his ways of getting to wealth. For example, one of his methods was creating monopolies. This was effective because, as the text states, “he had transformed an economy of competing, independent manufacturers into an elite set of unconquerable monopolies”. That means that he had taken a bunch of competing businesses and turned them into monopolies, or when a cowpony controls all or nearly all of the business in an industry. He was a leader of business because he controlled so many companies that he controlled Andrew Carnegie’s steel company, Edison’s electric company, and his own banking company, the House of Morgan(A.K.A Chase bank).

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Andrew Carnegie was born in 1835 in Dunfermline, Scotland, but immigrated to the United States in 1848 with his parents. Carnegie became wealthy through his venture in steel with his company Carnegie Steel Corporation. He sold the company in 1901 for $480 million to JP Morgan and decided to focus on his philanthropic work. Carnegie developed an ideology called the “Gospel of Wealth”, in which he stated that “those who accumulated money had an obligation to use it to promote the advancement of society”. Carnegie became famous for practicing what he preached, as he would fund public libraries and gave money to charities.

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Carnegie gives away more than $350,000,000. Most of the money went towards education and his favorite libraries more than 2,500 Carnegie libraries are built in

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His extensive anonymous donations illustrate this. Even though John Pierpoint Morgan was concentrated on being the owner of a billion dollar corporation he still made time and numerous donations to many

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The revenue from the memoirs reached almost $450,000. The money was used to financially support Grant’s

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John Jr. kept the organizations and schools up and also, created an organization for the United States Service. This, organization help with soldiers coming back from World War II. John used the foundations that his dad started to, donate three hundred million dollars to help the men and women fighting for our country. John D. Rockefeller Sr. was devoted to wildness and seeing the beautiful scenery. John Jr. then donate for conservation plans, the donations went from Yosemite National Park in Maine to Acadia National Park in California.

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John Adams “Because power corrupts, society's demands for moral authority and character increase as the importance of the position increases”(“brainyquote”) .John Adams should be awarded the Lifetime achievement award for his astonishing time in office. Adams contributed to the establishment of the Library of Congress. He also contributed in writing the Declaration of Independence, the XYZ affair, the Stamp Act and the Alien and Sedition Acts (“Biography in Context”).

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If you were the richest person in the world what would you accomplish with all the money you had? Andrew Carnegie, an American Captain of Industry By far off the greatest profitable businessman during his age, Carnegie left his mark on industry, and ordinarily greatly impacted the expansion of business enterprise in America. Essentially, Carnegie rose from poverty to become one of the most influential, industrial men in history by single-handedly building the American steel industry. Andrew Carnegie was famously known for being a hero because he would provide plenty to the poor.

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The end of slavery through the successful military tactics of the Union in the Civil War had the single most important impact as it pertains to education for the creation of educational opportunities for the newly freed African Americans. Prior to this, it was common knowledge that educating a slave was a criminal offense. The Morrill Act of 1862, named for Justin Smith Morrill, was designed to make education more accessible to more people of all socio-economic and social classes. Only, this Act did not take into consideration the education of black people. Due to systematic racism against this minority group, it was not until slavery was abolished that the second Morrill Act was implanted to focus on this long overlooked group.

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There are many differences between HBCU’s and PWI’s. “An Historically Black Institution were founded by people who believed African Americans and white students have an equal right to be educated” (Prager 1). Today these institutions function to preserve the history of African American culture, while providing students a safe and comfortable platform for educational enrichment (Roebuck 1). Predominately white institutions serve to educate all students, but since the majority of the population is white, the concerns of the majority students will be made a priority (Roebuck 2). Both types of institutions have a multitude of differences including funding, learning style, and school environment.

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Over the next few years North Carolina Central University will be more diverse in the student body because of the world itself is already diversed. NCCU will have more diversity over the next years because of the academics that it provides, the motto that we stand by “Truth and Service” and because of the generous people that work here. Also the professors that teach the students the outstanding knowledge that will lead them and stick with them for the rest of their lives. NCCU was founded by James E. Shepard and opened on July 5, 1910. His reason for building the institution was because in that era in time the support for African American education in the southern states was very limited.

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For a little bit of time you can give children in need food to help them live. Second, Alex Morgan impacted African American children by using the get active bracelet. Finally, this is very important to her because she loves being a leader and helping everyone she can out no matter what she needs to do.

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Bill Gates was a wealthy man who might have been greedy and only in for the money. He was also a generous man who employed a lot of people and donated $40 million. Most revered critics believe that Cornelius Vanderbilt was a Robber Baron. For example, he was never known to engage in philanthropic activities

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Especially when in this era, corruption was no stranger to wealthy business owners. His various donations helped education institutes and libraries, these donations went to businesses but helped people interested in the scientific field or even people who were greatly into reading books. In today’s time, many celebrities donate to charities. For example, a cancer research lab may get many donations to help for further investigation to find a cure for cancer or help pay for patients who cannot afford therapy. In conclusion, this all goes to show that men administering their fortune does impact society and themselves as a

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