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Julius Rosenwald (August 12, 1862 – January 6, 1932) was an American businessman and philanthropist. He is best known as a part-owner and leader of Sears, Roebuck and Company , and for establishing the Rosenwald Fund , which donated millions in matching funds to promote vocational or technical education.
Apr 4, 2024 · Julius Rosenwald (born August 12, 1862, Springfield, Illinois, U.S.—died January 6, 1932, Chicago) was an American merchant and unorthodox philanthropist who opposed the idea of perpetual endowments and frequently offered large philanthropic gifts on the condition that they be matched by other donations.
Julius Rosenwald was the son of German Jews who fled centuries-long persecution in Europe and settled in Springfield, Illinois. Born there in 1862, Rosenwald took seriously the Jewish concept of tzedakah – the injunction to treat every person with a sense of righteousness and fairness.
Julius Rosenwald, 1929. Library of Congress. Julius Rosenwald, one of the most important and socially impactful sons of Springfield, Illinois, is also one of the least known. The man who grew up in the shadow of Abraham Lincoln became the president of Sears, Roebuck and Company, eventually amassing a fortune, most of which he dedicated to ...
Booker T. Washington and Julius Rosenwald shared a common understanding of the power of investing in people. Inspired by Washington’s vision and their unique partnership, Rosenwald’s philanthropic work became a major contributor to ending the tragedy of segregation in the Jim Crow South and in the triumph of Brown v.
