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The New Gilded Age

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CHAPTER

Philanthropy - The New Mechanism for Curing Social Illness

The idea behind philanthropy was take this medical approach and apply it to social illness. The two biggest social problems that were worked on for the latter half of the nineteenth century were illiteracy and poverty. Russell sage is a less known name than car Carnegie and rockefeller, but he was a new york railroad exec who, when he died, left his fortune to his wife margaret. She started the russell sage foundation in 19 o seven for the improvement of social and living conditions in the united states. A few years after russell Sage, andrew carnegie founded his foundation, and a few years after that, roc Rockefeller became the third such foundation in america

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