Lovett Peters
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Lovett Peters
The Lovett and Ruth Peters Foundation is a 501(c)(3) private foundation based in Cincinnati, Ohio. The late oil and gas entrepreneur Lovett C. Peters and his late wife, Ruth Peters, established the foundation in 1994 in Massachusetts. The foundation's primary mission is U.S. K-12 education reform, with a focus on school vouchers, other school choice initiatives, and charter schools More recently, the foundation has focused on technology-based education improvements like blended learning. Lovett Peters also founded the Pioneer Institute in Boston, one of the earliest State Policy Network think tanks and an organization which the foundation continues to support. The founders Lovett C. ("Pete") Peters was born in 1913 in Amherst, Massachusetts. He persuaded Phillips Andover to admit him on scholarship at age 15, where he met his future wife, Ruth Stott, and he graduated from Yale University. Peters worked for Bankers Trust in New York City, served in the Army Air Corps in ...
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Private Foundation
A private foundation is a tax-exempt organization not relying on broad public support and generally claiming to serve humanitarian purposes. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion in assets.National Center for Charitable Statistics Most private foundations are much smaller. Out of the 84,000 private foundations that filed with the IRS in 2008, approximately 66% have less than $1 million in assets, and 93% have less than $10 million in assets. In aggregate, private foundations in the U.S. control over $628 billion in assets and made more than $44 billion in charitable contributions in 2007. Unlike a charitable foundation, a private foundation does not generally solicit funds from the public or have the legal requirements and reporting responsibilities of a registered, non-profit or charitable foundation. Not all foundations engage in philanthropy: some private foundations are used for estate planning purposes. Des ...
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Bankers Trust
Bankers Trust was a historic American banking organization. The bank merged with Alex. Brown & Sons in 1997 before being acquired by Deutsche Bank in 1999. Deutsche Bank sold the Trust and Custody division of Bankers Trust to State Street Corporation in 2003. History In 1903 a group of New York national banks formed trust company Bankers Trust to provide trust services to customers of state and national banks throughout the country on the premise that it would not lure commercial bank customers away. In addition to offering the usual trust and commercial banking functions, it also acted as a "bankers' bank" by holding the reserves of other banks and trust companies and loaning them money when they needed additional reserves due to unexpected withdrawals. Bankers Trust Company was incorporated on March 24, 1903, with an initial capital of $1.5 million. Despite technically having numerous stockholders, the voting power was held by three associates of J.P. Morgan. Thus, it was wi ...
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The Gap (clothing Retailer)
The Gap, Inc., commonly known as Gap Inc. or Gap (stylized as GAP), is an American worldwide clothing and accessories retailer. Gap was founded in 1969 by Donald Fisher and Doris F. Fisher and is headquartered in San Francisco, California. The company operates four primary divisions: Gap (the namesake banner), Banana Republic, Old Navy, and Athleta. Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. As of September 2008, the company has approximately 135,000 employees and operates 3,727 stores worldwide, of which 2,406 are located in the U.S. The Fisher family remains deeply involved in the company, collectively owning much of its stock. Donald Fisher served as chairman of the board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death on September 27, 2009. Fisher's wife and their son, Robert J. Fisher, also serve on Ga ...
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Laura Arrillaga-Andreessen
Laura Arrillaga-Andreessen (born 1969/1970) is an American philanthropist, educator and author. She is the founder and president of the Laura Arrillaga-Andreessen Foundation, a private operating foundation that describes itself as a philanthropic "innovation lab", and founded the Silicon Valley Social Venture Fund (SV2), a venture philanthropy fund. She is also the author of ''Giving 2.0: Transform Your Giving and Our World''. Personal life Arrillaga-Andreessen was born in Palo Alto, California, the daughter of Frances C. Arrillaga and billionaire real estate developer John Arrillaga, John Arrillaga, Sr. She received a BA (1992) and MA (1999) in Art History from Stanford University, an MA (1998) in Education from Stanford School of Education, and an MBA (1997) from the Stanford Graduate School of Business. Arrillaga-Andreessen has said her mother's volunteer work was a strong influence on her when she was growing up in Palo Alto. She became active in philanthropy after her mot ...
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Philanthropy Roundtable
The Philanthropy Roundtable is a nonprofit organization that advises conservative philanthropists. History The Roundtable was founded in 1987 as a project of the now-defunct Institute For Educational Affairs. It was founded as a conservative alternative to the Council on Foundations, a nonprofit membership association of donors. Membership in the organization was free "to interested grant makers", and 140 foundations, charities and nonprofits joined in the Roundtable's first year. The organization has a bimonthly newsletter, ''Philanthropy''. which evolved into a quarterly magazine in 2011."Philanthropy," July–August 1988, p. 16. In 2016, the Roundtable published the '' Almanac of American Philanthropy'', a reference book that summarizes the history, purposes, effects, and modern direction of private giving. In 1991, Philanthropy Roundtable became an independent entity with its own board of directors and staff, headquartered in Indianapolis, Indiana. The Philanthropy Ro ...
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School District
A school district is a special-purpose district that operates local public primary and secondary schools in various nations. North America United States In the U.S, most K–12 public schools function as units of local school districts, which usually operate several schools, and the largest urban and suburban districts operate hundreds of schools. While practice varies significantly by state (and in some cases, within a state), most American school districts operate as independent local governmental units under a grant of authority and within geographic limits created by state law. The executive and legislative power over locally controlled policies and operations of an independent school district are, in most cases, held by a school district's board of education. Depending on state law, members of a local board of education (often referred to informally as a school board) may be elected, appointed by a political office holder, serve ex officio, or a combination of any of ...
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Charlie Baker (politician)
Charles Duane Baker Jr. (born November 13, 1956) is an American politician and businessman serving as the 72nd governor of Massachusetts since 2015. A member of the Republican Party, Baker was a cabinet official under two governors of Massachusetts and served ten years as CEO of Harvard Pilgrim Health Care. Baker grew up in Needham, Massachusetts, earned a BA from Harvard University in 1979, and later obtained an MBA from Northwestern University's Kellogg School of Management. In 1991, he became Massachusetts Undersecretary of Health and Human Services under Governor Bill Weld. In 1992, he was appointed Secretary of Health and Human Services of Massachusetts. He later served as Secretary of Administration and Finance under Weld and his successor, Paul Cellucci. After working in government for eight years, Baker left to become CEO of Harvard Vanguard Medical Associates and later Harvard Pilgrim Health Care, a nonprofit health benefits company. During this time he served thr ...
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Education Policy
Education policy consists of the principles and policy decisions that influence the field of education, as well as the collection of laws and rules that govern the operation of education systems. Education governance may be shared between the local, state, and federal government at varying levels. Some analysts see education policy in terms of social engineering. Education takes place in many forms for many purposes through many institutions. Examples of such educational institutions may include early childhood education centers, kindergarten to 12th grade schools, two- and four-year colleges or universities, graduate and professional education institutes, adult-education establishments, and job-training schemes. The educational goals of these institutions influence education policy. Furthermore, these education policies can affect the education people engage in at all ages. Examples of areas subject to debate in education policy, specifically from the field of schools, inclu ...
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Think Tank
A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organizations, but some are semi-autonomous agencies within government or are associated with particular political parties, businesses or the military. Think-tank funding often includes a combination of donations from very wealthy people and those not so wealthy, with many also accepting government grants. Think tanks publish articles and studies, and even draft legislation on particular matters of policy or society. This information is then used by governments, businesses, media organizations, social movements or other interest groups. Think tanks range from those associated with highly academic or scholarly activities to those that are overtly ideological and pushing for particular policies, with a wide range among them in terms of th ...
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Free-market Capitalism
In economics, a free market is an economic system in which the prices of goods and services are determined by supply and demand expressed by sellers and buyers. Such markets, as modeled, operate without the intervention of government or any other external authority. Proponents of the free market as a normative ideal contrast it with a regulated market, in which a government intervenes in supply and demand by means of various methods such as taxes or regulations. In an idealized free market economy, prices for goods and services are set solely by the bids and offers of the participants. Scholars contrast the concept of a free market with the concept of a coordinated market in fields of study such as political economy, new institutional economics, economic sociology and political science. All of these fields emphasize the importance in currently existing market systems of rule-making institutions external to the simple forces of supply and demand which create space for those fo ...
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Cabot Corporation
Cabot Corporation is an American specialty chemicals and performance materials company headquartered in Boston, Massachusetts. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities and 28 sales offices. History Cabot Corporation was founded by Godfrey Lowell Cabot in 1882 when he applied for a patent for a "carbon black making apparatus". The company incorporated in the state of Delaware in 1960. In 1993, a team of Cabot researchers developed a process for modifying the surface of carbon, allowing chemists and researchers to prepare surface modified carbon black products with properties never before associated with carbon materials. This breakthrough led to the development of new technologies and products including aqueous inkjet colorants, for printer ink the basis of Cabot's Inkjet Colorants business unit, which was founded in 1996. In 2003, Cabot developed a commercialized process that allows continuous production o ...
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Conoco
Conoco Inc. ( ) was an American oil and gas company that operated from 1875 until 2002, when it merged with Phillips Petroleum to form ConocoPhillips. Founded by Isaac Elder Blake in 1875 as the "Continental Oil and Transportation Company". Currently the name Conoco is a brand of gasoline and service station in the United States which belongs to Phillips 66 following the spin-off of ConocoPhillips' downstream assets in May 2012. History The "Continental Oil and Transportation Company" was founded by Isaac Elder Blake in 1875. Based in Ogden, Utah, the company distributed oil, kerosene, benzene, and other products in the western United States. Continental Oil Company was acquired by Standard Oil Company in 1884 and was spun off from Standard Oil during the Standard Oil divestiture in 1911. The main office was later moved to Ponca City, Oklahoma, when in 1929, Marland Oil Company (founded by exploration pioneer E. W. Marland) acquired the Continental Oil Company. Marland Oil ...
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