Decade: 20th Century
An early twentieth-century foundation tried using its endowment to support for-profit projects that also would achieve a social goal.
In 1923, a wealthy philanthropist’s funding helped make life-saving treatment for diabetes available to patients and doctors.
Our understanding of the insanity defense relies on a book that was an unintended outcome of a Commonwealth Fund grant.
How the largest US foundation began supporting market-based projects in the late 1960s.