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Corporate Profile for The Rockefeller Foundation, dated March 8, 1996.

New York--(BUSINESS WIRE)--March 8, 1996--The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and information services.

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Published date: March 8, 1996

Company name: The Rockefeller Foundation

Address: 420 Fifth Ave.
 New York, N.Y. 10018

Telephone No.: 212/869-8500

Chief Executive
 Officer: Peter C. Goldmark, Jr., President

Chief Financial
 Officer: Rosalie Wolf, Treasurer

Public Relations
 Contact: Denise A. Gray-Felder
 Business number: 212/852-8451

Industry: Not-for-Profit

The Rockefeller Foundation is a philanthropic organization endowed by John D. Rockefeller and chartered in 1913 "to promote the well-being of mankind throughout the world."

It is one of America's oldest private foundations and one of the few with strong international interests. From the beginning, it has sought to identify, and address at their source, the causes of human suffering and need.

While concentrating its efforts on select programs with well-defined goals, the foundation adjusts its course to reflect needs and opportunities as they arise. Its work lies in three principal areas: international science-based development, the arts and humanities, and equal opportunity.

Within science-based development, the focus is the developing world, with emphasis on the global environment; the agricultural, health, and population sciences; and several special African initiatives.

The balance of the foundation's grant and fellowship programs supports work in U.S. school reform, international security, international philanthropy, and other special interests and initiatives.

Moreover, the foundation maintains the Bellagio Study and Conference Center in northern Italy for conferences of international scope and for residencies for artists, scholars, policymakers, and other professionals from around the world.

The foundation is administered by its president through a staff drawn from scholarly, scientific, and professional disciplines. An independent Board of Trustees, which meets four times a year, sets program guidelines and financial policy and approves all appropriations.

As stated above, The Rockefeller Foundation was created in 1913 by John D. Rockefeller, and funded in several installments totaling $242 million over the next 16 years. The original endowment essentially has been the foundation's sole source of funds for both its grant-making program and its operating expenses. The value of that endowment today is $2.4 billion.

The foundation's investment program focuses on total returns; thus both cash yields on securities and their appreciation in value contribute to covering long-term spending requirements.

CONTACT: The Rockefeller Foundation, New York

Denise A. Gray-Felder, 212/852-8451
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Publication:Business Wire
Date:Mar 8, 1996
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