Foundations
“..Under the guise of philanthropy, smart-fellas avoided taxation by transferring their wealth to tax-free foundations.
Some of the important foundations are:
Ford Foundation (Ford Motor Co.),
Rockefeller Foundation (Standard Oil),
Duke Endowment (Duke family fortune),
John A. Hartford Foundation (Great Atlantic and Pacific Tea),
W. K. Kellogg Foundation (the Kellogg Cereals),
Carnegie Corp. (Carnegie Steel),
Alfred P. Sloan Foundation (General Motors),
Moody Foundation (W. L. Moody’s oil, realty, newspapers, and bank holdings),
Lilly Endowment (Eli Lilly Pharmaceuticals),
Pew Memorial Trust (Sun Oil Co. or Sunoco), and the
Danforth Foundation (Purina Cereals), which all have assets of well over $100 million.The first Congressional Committee to investigate the tax-free foundations was the Cox Committee in 1952, led by Rep. Eugene E. Cox, a Democrat from Georgia.
Cox discovered that officers and trustees of some foundations were Communists, and that these foundations had given grants to Communists or Communist- controlled organizations. During the investigation, Cox died, and the facts were glossed over in a cover-up.
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The Rockefeller Foundation
The Rockefeller Family
John Davison Rockefeller, Sr. (1839-1937)
John Davison Rockefeller, Jr. (1874-1960) |
John Davison Rockefeller, III (1906-1978)
Nelson Rockefeller (1908-1979)
Laurance Rockefeller (1910-2004 )
Winthrop Rockefeller (1912-1973)
David Rockefeller (1915-2017 )John Davison Rockefeller (1839-1937), grandfather of former Vice-President Nelson Aldrich Rockefeller, and David Rockefeller (head of the Chase Manhattan Bank) started out in 1859 as a produce merchant, turning to oil in 1865, at the age of 26.
In 1870, when Standard Oil of Ohio was incorporated, Rockefeller controlled 21 out of 26 refineries in Cleveland.
By 1871, Standard Oil was the largest refining company in the world. In 1879, he controlled over 90% of all refined oil sold in the country, with 20,000 producing wells, and 100,000 employees.
In 1884, he moved his main office to New York City; and by 1885, Standard Oil virtually controlled the entire oil industry in the United States, and had set up branches in Western Europe and China.
The Rockefellers and Rothschilds have been partners ever since the 1880’s, when Rockefeller was able to get a rebate on each barrel of oil he shipped over the Pennsylvania, Baltimore and Ohio railroads, which were owned by Kuhn, Loeb and Co.
In Ohio, at the time, a company within the state could not own stock in a company in another state, which occurred when Rockefeller bought out smaller companies. Using the secret Trust, which was established in 1879, the trustees for the companies that had been taken over, the 37 Standard Oil stockholders, and Standard Oil of Ohio, relayed all out-of-state subsidiary stock to three clerks from Standard Oil. In 1882, the three “dummy” trustees, 42 Standard Oil stockholders, and Standard Oil of Ohio, transferred all its stock to nine trustees, who were controlled by Rockefeller.
In March, 1892, the Ohio Supreme Court ordered Standard Oil to withdraw from the Trust, after Ohio and other states outlawed trusts. Rockefeller countered by moving Standard Oil to New Jersey, who allowed their corporations to hold stock in out-of-state companies, thus, Standard Oil of New Jersey became that holding Company.
In 1889, Rockefeller helped establish, with a grant of $600,000, the University of Chicago. He promised to support the school for ten years, which he did, donating $34,708,375.
In 1901, he incorporated the Rockefeller Institute for Medical Research (now Rockefeller University), with a grant of $200,000.
In 1903, he established the Rockefeller General Education Board, which he donated $42 million to, within a two- year period (and $129 million in total). The Board was organized by Fred Gates, the front man for the Pillsbury flour company.
In 1909, the Rockefeller Sanitation Commission was established, to which he gave $1 million.
Rockefeller’s goal was for Standard Oil to be the world’s only refining company, and to that end, it was alleged that he blew up a competitor’s refinery in Buffalo, New York.He owned large blocks of stock in quite a few newspapers, including
the Buffalo People’s Journal,
the Oil City Derrick (in Pennsylvania),
the Cleveland Herald, and
the Cleveland News Leader.He had contracts with over 100 newspapers in Ohio, to print news releases and editorials furnished by a Standard Oil-controlled agency, in return for advertisement.
He ‘owned’ several New Jersey and Ohio state legislators.
Rep. Joseph Sibley, of Pennsylvania, was President of the Rockefeller-controlled Galena Signal Oil Co.; and in 1898, Rep. John P. Elkins, also of Pennsylvania, accepted a $5,000 bribe from Standard Oil. In 1904, Sen. Bois Penrose of Pennsylvania received a $25,000 bribe from Rockefeller, and Sen. Cornelius Bliss received $100,000. Others who received Standard Oil bribes: Sen. Matthew Quay (PA), Sen. Joseph B. Foraker (OH), Sen. Joseph Bailey (TX), Sen. Nathan B. Scott, Sen. Mark Hanna (OH), Sen. Stephen B. Elkins (WV), Rep. W. C. Stone (PA), and Sen. McLaurin (SC). President William McKinley, through Sen. Mark Hanna, was a pawn of Standard Oil and the bankers.
The ‘rebates’ Rockefeller received from various railroads, were actually kickbacks.On May 15, 1911, Standard Oil was found to be in violation of the Sherman Antitrust Act of 1890, and the U.S. Supreme Court ordered, in a 20,000 word decision, the breakup of Standard Oil of New Jersey. Standard Oil was forced to dissolve into 38 separate companies, including
Standard Oil of Indiana (Amoco),
Standard Oil of Ohio (Sohio),
Standard Oil of Louisiana,
Standard Oil of New Jersey (Exxon, which is one of the largest corporations in the world, controlling 321 other companies, including Humble Oil and Venezuela’s Creole Oil),
Standard Oil of New York (Socony or Mobil); and others such as
Continental Oil (Conoco),
Atlantic-Richfield (Arco),
Gulf,
Phillips 66,
Texaco, and
Marathon Oil, which were also Rockefeller-controlled companies.
Rockefeller owned 25% of Standard Oil of New Jersey, which meant that he now owned 25% of all 38 Standard Oil subsidiaries.In May, 1913, after three years of Congressional opposition, the New York State Legislature voted to establish the Rockefeller Foundation (which was located in the Time-Life Building), “to promote the well-being of mankind throughout the world.” However, a 1946 report stated that the “challenge of the future is to make this one world.” The endowment to establish the Foundation totaled $182,851,000, and was given in securities, enabling the foundation to disperse over $1 billion, even though it is only third in total assets compared to the Ford and Johnson Foundations…”
Of The Rockefeller Foundation – David Rivera
