Philanthropy | wealthymatters

The Stanford Story

June 21, 2012 4 Comments

NB:Don’t judge by appearances.

allaboutlemon-All Around, In, And Out Of My Own Universe

A lady in a faded gingham dress and her husband, dressed in a homespun threadbare suit, stepped off the train in Boston , and walked timidly without an appointment into the Harvard University President’s outer office.

The secretary could tell in a moment that such backwoods, country hicks had no business at Harvard & probably didn’t even deserve to be in Cambridge .

“We’d like to see the president,” the man said softly.

“He’ll be busy all day,” the secretary snapped.

“We’ll wait,” the lady replied.

For hours the secretary ignored them, hoping that the couple would finally become discouraged and go away.

They didn’t, and the secretary grew frustrated and finally decided to disturb the president, even though it was a chore she always regretted.

“Maybe if you see them for a few minutes, they’ll leave,” she said to him!

He sighed in exasperation and nodded…

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Filed under Philanthropy, Theory Tagged with Harvard University, Philanthropy, postaday, Stanford University, the stanfords

The Grace Groner Story

June 20, 2012 3 Comments

Grace Groner was born in the year 1909, in a small farming community, in Lake County-Illinois.She had a twin sister, Gladys. They were orphaned at age 12.The twins were then taken in by George Anderson, one of the prominent members of the community,who later adopted them.He paid for both of them to attend boarding school and later the nearby Lake Forest College. They were always considered “family” by the Anderson family.

Grace graduated in 1931.At the time, it meant a great deal more than it does today to be a lady and a college graduate.After graduation Grace took up a job nearby as a secretary,an accomplishment for working women of her generation.She stayed on at Abbott Laboratories for 43 years,till her retirement.For many years Grace lived with Ann Findlay, an elderly relative of George Anderson, in a small apartment in the building that housed the Lake Forest movie theater, which was owned by the Anderson family. Lake Forest,a town just north of Chicago, is one of its richest suburbs. Read more of this post

Filed under Paper Assets, Philanthropy Tagged with Abbott Laboratories, estates, frugality, Grace Elizabeth Groner foundation, Grace Groner, Grace's Cottage, Lake Forest College, Lake Forest Illinois Chicago, Millionaire, millionaire next door, Philanthropy, postaday, reinvest dividends, rich suburb

Henry Ford On The Best Use Of One’s Wealth

June 14, 2012 1 Comment

Filed under Philanthropy Tagged with betterment of life, Henry Ford, Henry Ford Quote, Philanthropy, postaday

The Art of Giving

June 2, 2012 2 Comments

Giving is not the sole privilege of the well – to – do.Every body can enjoy the benefits of giving.A smile costs nothing in money terms but can easily make another person’s day better.We can give of our time,attention,knowledge,skills,goods,money , influence and prayers.

Matthewscottwallace's Blog

Originally posted at theamorist.com

“You have not lived today until you have done something for someone who can never repay you” ~ John Bunyan

Whether it is a handful of change or a lifetime of devotion, the act of selfless giving is the most important action one can take. At its core, giving is the ultimate form of spiritual practice.

For ages, religions and spiritual groups have honored the art of giving. In India, the word seva, or selfless service, is expanded by the phrase, “Manav seva Prabhu seva,” meaning service to mankind is service to God. By carrying out s eva, one is giving his or herself to the universe by offering time, money or prayer. In Christianity and Judaism, the concept of tithing, or an offering of 10 percent of one’s time or money represents spiritual giving. And in non-spiritual circles the common concept of donation represents…

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Filed under Philanthropy, Tool Kit Tagged with Charity, donation, faith, giving shoes, Philanthropy, postaday, prosperity mindset, seva, The Art Of Giving, Tithing

John D. Rockefeller – The Man Who Gave Away Shiny New Dimes

June 2, 2012 35 Comments

John Davison Rockefeller (July 8, 1839 – May 23, 1937) was an American industrialist and philanthropist. In 1870, he founded the Standard Oil Company and aggressively ran it until he officially retired in 1897. As kerosene and petrol grew in importance, Rockefeller’s wealth soared and he became the world’s richest man .His wealth was estimated at $900 million in 1913, equivalent to $189.6 Billion today. This is more than the riches of Bill Gates, Warren Buffett, and the Walton family combined! He was the first American billionaire. Adjusted for inflation, he is often regarded as the richest person in history.

Rockefeller came from humble, meager beginnings.He was born to traveling salesman William Avery Rockefeller and his wife Eliza. John D. Rockefeller was the second-born child; he had five siblings. His mother was thrifty by nature and necessity.He learned his penny-wise ways from his mother’s old saying: “Willful waste makes woeful want.“As a youth, Rockefeller reportedly said that his two great ambitions were to make $100,000 and to live 100 years. Read more of this post