Why John D. Rockefeller called the University of Chicago his best investment

Industrialist John D. Rockefeller revolutionised philanthropy by making his University of Chicago donation conditional, demanding local financial buy-in. This strategic approach fostered accountability and community engagement, transforming a seed donation into a self-sustaining powerhouse. This model ensured long-term institutional strength and independent governance, proving that investing in human potential creates legacies larger than any individual.

By TOI World Desk