Progress and Achievements of the Colored People: Containing the Story of the Wonderful Advancement of the Colored Americans—the Most Marvelous in the History of Nations—Their Past Accomplishments, Together With Their Present-day Opportunities and a Glimpse Into the Future for Further Developments—the Dawn of a Triumphant Era. A Handbook for Self-improvement Which Leads to Greater Success
John Stuart Mill · en
_Rosenwald Fund._—In 1914, Julius Rosenwald, of Chicago, announced
through Tuskegee Institute that he would give money to assist in the
erection of rural school buildings for Negroes in the South. According
to the terms of the announcement, Mr. Rosenwald agreed to give any rural
community a sum not exceeding $300 for the erection of a school building
for Negroes, provided the people of the community should raise from
public funds or from their own resources a sum equal to that given by
him. It was further specified that total sums in each case must be
sufficient to erect and furnish one school building.
Up to June 30, 1916, Mr. Rosenwald has given $44,718 toward promoting
rural schoolhouse building. To meet Mr. Rosenwald’s contributions the
Negroes in the communities where these schoolhouses were erected have
contributed $61,951; from the public funds of the States, $21,525 has
been appropriated; and white citizens have given $8,820. Through Mr.
Rosenwald’s benefactions 142 rural schoolhouses for Negroes have been
erected, as follows: In Alabama, 107; North Carolina, 11; Georgia, 8;
Arkansas, 6; South Carolina, 1; Tennessee, 5; Mississippi, 2, and
Virginia, 2.
_Daniel Hand Fund._—This Fund is administered by the American Missionary
Association 287 Fourth Avenue, New York City. Daniel Hand was born in
Madison, Conn., July 16, 1801. When 16 years of age he went to Augusta,
Ga., under the direction of his second brother residing there, whom he
succeeded in business. Mr. Hand remained in some part of the Southern
Confederacy during the entire war. His partner, Mr. Geo. W. Williams,
who was conducting a branch of the business at Charleston, S. C.,
protected the capital of Mr. Hand, from the confiscation seriously
threatened, in view of his being a northern man of undisguised
anti-slavery sentiments. After the war, when Mr. Hand came north, Mr.
Williams adjusted the business, made up the account, and paid over to
Mr. Hand his portion of the long-invested capital and its accumulations.
Bereaved of wife and children for many years, his benevolent impulses
led Mr. Hand to form plans to use his large wealth for the benefit of
his fellowmen.
The total amount of the endowment of the Daniel Hand Fund is
approximately $1,500,000, and the income in 1915 was $69,000. This
income is spent under the direction of the officers of the American
Missionary Association for the maintenance of educational work in the
schools of that association.
In 1888 Daniel Hand, of Guilford, Conn., gave $1,000,000 as a permanent
fund, “the income of which shall be used for the purpose of educating
needy and indigent people of African decent, residing, or who may
hereafter reside, in the recent slave States of the United States,
sometimes called the Southern States.” When Mr. Hand died, in 1891, he
left the residue of his fortune, amounting to $500,000, to be added to
his original gift.