April 30, 2002
David Rockefeller makes $1.5 million gift to CW
In recognition of Colonial Williamsburg’s 75th Anniversary and his family’s long association with Colonial Williamsburg, David Rockefeller has made a $1.5 million commitment to the Campaign for Colonial Williamsburg, the foundation’s first comprehensive fund-raising campaign. The Rockefeller gift will be used to support Colonial Williamsburg’s newly established Presidential Discretionary Endowment Fund.
Identified as a campaign priority by the Colonial Williamsburg Board of Trustees, the fund will be used to ensure that foundation presidents have the flexibility to handle unanticipated opportunities and expenses without violating the constraints of the budget, including nurturing ideas that advance excellence in preservation, interpretation and hospitality.
“It has never been more important to remember and make relevant our country’s values and founding principles, and I am confident that Colin Campbell’s leadership will make this possible,” Rockefeller said. “I know the importance of this kind of fund and the flexibility it will provide.”
David Rockefeller’s association with Colonial Williamsburg began in March 1926 when he visited the old town of Williamsburg with his parents, John D. Rockefeller Jr. and Abby Aldrich Rockefeller. The rector of Williamsburg’s Bruton Parish Church, the Rev. Dr. William Archer Rutherfoord Goodwin, welcomed the Rockefellers to Williamsburg and gave the family a tour of Virginia’s 18th-century capital.
“I am deeply grateful to David for his decision to make this generous gift to Colonial Williamsburg and am especially appreciative of his support for the Presidential Discretionary Endowment Fund,” said President and Chairman Colin G. Campbell. “David’s support and friendship have been invaluable and his gift will help assure a bright future for this extraordinary place as we seek to protect and enhance John D. Rockefeller Jr.’s legacy at Colonial Williamsburg.”
As a life member of the Raleigh Tavern Society, Colonial Williamsburg’s leading donor society, David Rockefeller has made numerous gifts to Colonial Williamsburg. In honor of his late wife Peggy, an avid conservationist and enthusiastic carriage driver, Rockefeller made a special contribution for the construction of the stables adjacent to the Historic Area.
Retired as chairman of Chase Manhattan Bank in 1981, Rockefeller lives in New York and serves as a member and past chairman of the Council on Foreign Relations. He is a life trustee and chairman emeritus of The Rockefeller University and the Museum of Modern Art. Recipient of more than 15 honorary degrees, he was awarded the Presidential Medal of Freedom in 1998. Rockefeller founded the Business Committee for the Arts in 1960, an organization that generates wide corporate support for artists and museums. Still an active philanthropist at age 87, he is a leader in the Museum of Modern Art’s building and endowment campaign.