Rockefeller's Philanthropy

A while ago I finished Titan, about the curious life of John D. Rockefeller, the founder of Standard Oil. Author Ron Chernow paints a picture of a contradictory and confusing but fascinating man, on the one side a hard-edged businessman who would cross over into illegal and immoral practices in his quest to succeed, but on the other side, a man who was actually quite generous and fair in his business practices and - far more interesting - a man who did amazing things with his money.

To say all I can on Rockefeller's positive side, he thought he was doing good - all the time. He thought cooperation in the oil industry was better than competition, so he tried to create a monopoly (he never quite succeeded). He actually overpaid for oil refineries and people sometimes started refineries just so Standard Oil would buy them - at inflated prices. Rockefeller was scrupulous in paying his debts, he never took on the trappings of nobility, as did some of his rich contemporaries, he always attended a simple Baptist church rather than moving up to some socially more acceptable church, and he tried to provide fuel to the world at cheap prices. And, as I mentioned, he gave generously, and when he did he seldom put his name on things ("Do not let your left hand know what your right hand is doing"), as did Andrew Carnegie.

On the negative side, if companies refused to deal with him he tried to drive them out of business, and in doing that he bribed public officials, tried (and failed) to block a competitor's pipeline by buying up land in its path, manipulated railroad prices, tactically undersold competitors to drive them out of business, and so forth. When the federal government wanted to regulate the new post-Civil War interstate commerce, Rockefeller had provided them with a handy list of what to legislate against.

How Rockefeller internally reconciled some of his practices to his Christian faith, I have no idea. Chernow certainly doesn't seem to have figured that out either.

Anyway, his philanthropies were amazing! There his Christianity shone.

Hookworm, once a debilitating problem in the Southern US states, is no longer a big problem. Why? Because Dr. Charles Stiles discovered it could be cured with some cheap medicine, and though his discovery was met with ridicule, Rockefeller believed, and basically paid to erradicate the problem. Rockefeller also started a public-private partnership to build thousands of schools across the South. He founded the Rockefeller Institute for Medical Research, the first medical research lab in the country, whose discoveries have saved thousands if not tens of thousands of lives. He was also the money behind the founding of the University of Chicago. Lots of other stuff, too.

What strikes me about his giving was that it was thoughtful and focused and for the most part the results of his giving could be fairly precisely measured.

It occurs to me that there are problems - such as the ones Rockefeller focused on - that can pretty much be solved once and for all, but there are other kinds of problems ("the poor you will have with you always") that are less amenable to a one-time solution. Necessary as it may be to give to charities addressing the less solvable problems, I suspect that the better an organization can define a problem and measure success in combating it, the easier it will be to persuade people to contribute.