The Rockefeller Brothers Fund
(RBF), (Philanthropy for an Interdependent World
), is an international philanthropic organisation created and run by members of the Rockefeller family
. It was set up in New York City
in 1940 as the primary philanthropic vehicle of the five famous Rockefeller brothers: John D. Rockefeller, III
, and is distinct from the Rockefeller Foundation
, which is more independent from family control.
Its headquarters are located at 475 Riverside Drive, New York, which is also the location family's fourth-generation philanthropic institution, the Rockefeller Family Fund
The current president of the Fund is Stephen B. Heintz and its chairman is Richard Rockefeller, the fifth child of David Rockefeller.
The Fund was initially set up by a gift from John D. Rockefeller, Jr.
in 1951; upon his death in 1960 it received a major bequest from his estate. Initially, the five brothers contributed funds via their income from the various family trusts. Beginning in 1952, the brothers began to include on the board of the Fund trustees who were not members of the Rockefeller family. In 1954 they included their sister Abby Rockefeller Mauzé
, who had not been involved in its founding. In 1958, the first of a number of daughters and sons of the founders joined, and the first of their children became trustees in 1992. Since the establishment of the Fund, three generations of family members have served as trustees.