Stephen Girard
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Stephen Girard
Stephen Girard (May 20, 1750 – December 26, 1831; born Étienne Girard) was a naturalized American citizen, philanthropist, and banker of French origin. He singularly saved the U.S. government from financial collapse during the War of 1812 by personally financing the war, and is known to have been the first multi-millionaire in US history. He is estimated to have been the fourth richest American of all time, based on the ratio of his fortune to contemporary GDP. Childless, he devoted much of his fortune to philanthropy, particularly the education and welfare of orphans. His legacy is still felt in his adopted home of Philadelphia and his estate continues to fund philanthropic endeavors to this day.Wildes, 1943. Early life Girard was born in Bordeaux, France on May 20, 1750, the son of a common sailor.Robert Chambers' Book of Days vol 2. He lost the sight of his right eye at the age of eight and had little education. He travelled to New York as a cabin boy in 1760 and stayed ...
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Bordeaux
Bordeaux ( , ; Gascon oc, Bordèu ; eu, Bordele; it, Bordò; es, Burdeos) is a port city on the river Garonne in the Gironde department, Southwestern France. It is the capital of the Nouvelle-Aquitaine region, as well as the prefecture of the Gironde department. Its inhabitants are called ''"Bordelais"'' (masculine) or ''"Bordelaises"'' (feminine). The term "Bordelais" may also refer to the city and its surrounding region. The city of Bordeaux proper had a population of 260,958 in 2019 within its small municipal territory of , With its 27 suburban municipalities it forms the Bordeaux Metropolis, in charge of metropolitan issues. With a population of 814,049 at the Jan. 2019 census. it is the fifth most populated in France, after Paris, Lyon, Marseille and Lille and ahead of Toulouse. Together with its suburbs and exurbs, except satellite cities of Arcachon and Libourne, the Bordeaux metropolitan area had a population of 1,363,711 that same year (Jan. 2019 census), ma ...
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University Of Pennsylvania
The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universities by numerous organizations and scholars. While the university dates its founding to 1740, it was created by Benjamin Franklin and other Philadelphia citizens in 1749. It is a member of the Ivy League. The university has four undergraduate schools as well as twelve graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the School of Engineering and Applied Science, the Wharton School, and the School of Nursing. Among its highly ranked graduate schools are its law school, whose first professor wrote the first draft of the United States Constitution, its medical school, the first in North America, and Wharton, the first collegiate business school. Penn's endowment is US$20.7 billio ...
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Andrew Carnegie
Andrew Carnegie (, ; November 25, 1835August 11, 1919) was a Scottish-American industrialist and philanthropist. Carnegie led the expansion of the American steel industry in the late 19th century and became one of the richest Americans in history. He became a leading philanthropist in the United States, Great Britain, and the British Empire. During the last 18 years of his life, he gave away around $350 million (roughly $ billion in ), almost 90 percent of his fortune, to charities, foundations and universities. His 1889 article proclaiming " The Gospel of Wealth" called on the rich to use their wealth to improve society, expressed support for progressive taxation and an estate tax, and stimulated a wave of philanthropy. Carnegie was born in Dunfermline, Scotland, and emigrated to Pittsburgh with his parents in 1848 at age 12. Carnegie started work as a telegrapher, and by the 1860s had investments in railroads, railroad sleeping cars, bridges, and oil derricks. H ...
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John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ...
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Girard College
Girard College is an independent college preparatory five-day boarding school located on a 43-acre campus in Philadelphia, Pennsylvania. The school was founded and permanently endowed from the shipping and banking fortune of Stephen Girard upon his death in 1831. Girard College enrolls academically capable students, grades one through twelve, and awards a full scholarship with a yearly value of approximately $63,000 to every child admitted. The scholarship covers most of the costs of attending Girard, including tuition, room and board, books, and school uniforms. The scholarship may be renewed yearly until the student's high school graduation. Applicants must be at least six years old (by the first day of first grade), demonstrate good social skills and the potential for scholastic achievement, and come from a single-parent, low-income (determined by HUD guidelines) family. Girard accepts students based on previous school records, admissions testing, visits, and interviews. The pr ...
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Statue Of Stephen Girard Stephen Girard Park 2101 Shunk St Philadelphia PA (DSC 2859)
A statue is a free-standing sculpture in which the realistic, full-length figures of persons or animals are carved or cast in a durable material such as wood, metal or stone. Typical statues are life-sized or close to life-size; a sculpture that represents persons or animals in full figure but that is small enough to lift and carry is a statuette or figurine, whilst one more than twice life-size is a colossal statue. Statues have been produced in many cultures from prehistory to the present; the oldest-known statue dating to about 30,000 years ago. Statues represent many different people and animals, real and mythical. Many statues are placed in public places as public art. The world's tallest statue, ''Statue of Unity'', is tall and is located near the Narmada dam in Gujarat, India. Color Ancient statues often show the bare surface of the material of which they are made. For example, many people associate Greek classical art with white marble sculpture, but there is evidenc ...
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Citizens Financial Group
Citizens Financial Group, Inc. is an American bank headquartered in Providence, Rhode Island, which operates in the states of Connecticut, Delaware, Florida, Maryland, Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Vermont, Virginia, and Washington, DC. Between 1988 and its 2014 initial public offering, Citizens was a wholly owned subsidiary of The Royal Bank of Scotland Group. The group sold its last 20.9% stake in the company in October 2015. Citizens operates 1,003 branches and 4 wealth centers as of June 22, 2022 and over 3,100 ATMs across 11 states under the Citizens Bank brand. Citizens ranks 17th on the List of largest banks in the United States as of the last day of Q1 2022. History Early history Citizens was established in 1828 as the High Street Bank in Providence, Rhode Island. In 1871, the Rhode Island legislature gave a second charter to establish the Citizens Savings Bank which eventually acquired its parent group to form Ci ...
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Mellon Bank
Mellon Financial Corporation was an investment firm which was once one of the world's largest money management firms. Based in Pittsburgh, Pennsylvania, it was in the business of institutional and high-net-worth individual asset management, including the Dreyfus family of mutual funds, business banking, and shareholder and investor services. On December 4, 2006, it announced a merger agreement with Bank of New York, to form BNY Mellon. After regulatory and shareholder approval, the banks completed the merger on July 2, 2007. History Mellon was opened in January 1870 by Thomas Mellon and his sons Andrew W. Mellon and Richard B. Mellon, as T. Mellon & Sons' Bank. In 1902, the institution became Mellon National Bank. Mellon Bank was an important force in the mass production revolution in the United States, especially in the Midwest. The Mellon family using the bank as a proxy had direct involvement with founding the modern aluminium, oil, consumer electronics and financia ...
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Girard Bank
Girard Bank was a Philadelphia-based bank founded after the death of Stephen Girard in 1831 by local merchants eager to trade on the sterling reputation of their namesake. Stephen Girard neither founded the bank, nor had any financial ties to the bank that bore his name. The bank was acquired by Mellon Bank in 1983 and then, two decades later, by Citizens Bank. Founding and early history After the charter for the First Bank of the United States expired in 1811, Stephen Girard purchased most of its stock and its facilities on South Third Street in Philadelphia, then reorganized it under his direct personal control. He hired George Simpson, the cashier of the First Bank, as cashier of the new bank, and with seven other employees, opened for business on May 18, 1812. He allowed the Trustees of the First Bank of the United States to use some offices and space in the vaults to continue the process of winding down the affairs of the closed bank at a very nominal rent. Although Pen ...
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Girard Trust Company
Girard Bank was a Philadelphia-based bank founded after the death of Stephen Girard in 1831 by local merchants eager to trade on the sterling reputation of their namesake. Stephen Girard neither founded the bank, nor had any financial ties to the bank that bore his name. The bank was acquired by Mellon Bank in 1983 and then, two decades later, by Citizens Bank. Founding and early history After the charter for the First Bank of the United States expired in 1811, Stephen Girard purchased most of its stock and its facilities on South Third Street in Philadelphia, then reorganized it under his direct personal control. He hired George Simpson, the cashier of the First Bank, as cashier of the new bank, and with seven other employees, opened for business on May 18, 1812. He allowed the Trustees of the First Bank of the United States to use some offices and space in the vaults to continue the process of winding down the affairs of the closed bank at a very nominal rent. Although Pe ...
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Second Bank Of The United States
The Second Bank of the United States was the second federally authorized Hamiltonian national bank in the United States. Located in Philadelphia, Pennsylvania, the bank was chartered from February 1816 to January 1836.. The Bank's formal name, according to section 9 of its charter as passed by Congress, was "The President Directors and Company of the Bank of the United States". While other banks in the US were chartered by and only allowed to have branches in a single state, it was authorized to have branches in multiple states and lend money to the US government. A private corporation with public duties, the Bank handled all fiscal transactions for the U.S. Government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the Bank's single largest stockholder.. Four thousand private investors held 80 percent of the Bank's capital, including three thousand Europeans. The bulk of the stocks were held by a few hundr ...
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