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At the beginning of the 20th century, three figures dominated the rapidly expanding world of American philanthropy. Two—Andrew Carnegie and John D. Rockefeller—are still remembered, mostly because of the foundations they established. But the third—Julius Rosenwald—is largely forgotten. No foundations, and few buildings, bear his name. If his approach to giving was more modest in spirit, it was no less influential and effective in its day.
That Rosenwald became one of the leading philanthropists of his era is itself a remarkable…