Laurance S. Rockefeller
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Laurance Spelman Rockefeller (May 26, 1910 – July 11, 2004) was an American businessman, financier, philanthropist, and conservationist. Rockefeller was the third son and fourth child of
John D. Rockefeller Jr. John Davison Rockefeller Jr. (January 29, 1874 – May 11, 1960) was an American financier and philanthropist, and the only son of Standard Oil co-founder John D. Rockefeller. He was involved in the development of the vast office complex in M ...
and
Abby Aldrich Rockefeller Abigail Greene Aldrich Rockefeller (October 26, 1874 – April 5, 1948) was an American socialite and philanthropist. She was a prominent member of the Rockefeller family through her marriage to financier and philanthropist John D. Rockefel ...
. As a trustee of the Rockefeller Brothers Fund, he provided venture capital for
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
, Apple Computer and many other successful start-ups. Rockefeller was known for his involvement in wilderness preservation, ecology and the protection of wildlife. His crusade was the establishing of a conservation ethic, and he was declared America's leading conservationist by
Lady Bird Johnson Claudia Alta "Lady Bird" Johnson (''née'' Taylor; December 22, 1912 – July 11, 2007) was First Lady of the United States from 1963 to 1969 as the wife of President Lyndon B. Johnson. She previously served as Second Lady from 1961 to 1963 whe ...
.


Early life and marriage

Rockefeller was born in New York City, as the fourth child of John Davison Rockefeller Jr. and Abigail Greene "Abby" Aldrich. His siblings were Abby, John III,
Nelson Nelson may refer to: Arts and entertainment * ''Nelson'' (1918 film), a historical film directed by Maurice Elvey * ''Nelson'' (1926 film), a historical film directed by Walter Summers * ''Nelson'' (opera), an opera by Lennox Berkeley to a lib ...
, Winthrop, and
David David (; , "beloved one") (traditional spelling), , ''Dāwūd''; grc-koi, Δαυΐδ, Dauíd; la, Davidus, David; gez , ዳዊት, ''Dawit''; xcl, Դաւիթ, ''Dawitʿ''; cu, Давíдъ, ''Davidŭ''; possibly meaning "beloved one". w ...
. He graduated from
Princeton University Princeton University is a private research university in Princeton, New Jersey. Founded in 1746 in Elizabeth as the College of New Jersey, Princeton is the fourth-oldest institution of higher education in the United States and one of the ...
in 1932 and attended Harvard Law School for two years, until he decided he did not want to be a lawyer. On August 22, 1934, in Woodstock, Vermont, Laurance married childhood friend Mary French, whose mother, Mary Montague Billings French, was a friend of Laurance's mother. When brother
Nelson Nelson may refer to: Arts and entertainment * ''Nelson'' (1918 film), a historical film directed by Maurice Elvey * ''Nelson'' (1926 film), a historical film directed by Walter Summers * ''Nelson'' (opera), an opera by Lennox Berkeley to a lib ...
attended
Dartmouth College Dartmouth College (; ) is a private research university in Hanover, New Hampshire. Established in 1769 by Eleazar Wheelock, it is one of the nine colonial colleges chartered before the American Revolution. Although founded to educate Native ...
, he shared a room with Mary's brother. Mary was granddaughter of Frederick H. Billings, a president of Northern Pacific Railway. Laurance and Mary had three daughters and a son. They are Laura Rockefeller Chasin,
Marion Rockefeller Weber Marion Rockefeller Weber (born 1938) is the second eldest daughter of Laurance Spelman Rockefeller (1910–2004) and Mary French (1910–1997) and a fourth generation member of the Rockefeller family. Her paternal great-grandfather is Standard Oil' ...
, Dr. Lucy R. Waletzky, and Larry Rockefeller. He had eight grandchildren and 12 great-grandchildren.


Business, philanthropy, interests

In 1937, he inherited his grandfather's seat on the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
. He served as founding trustee of the
Rockefeller Brothers Fund The Rockefeller Brothers Fund (RBF) is a philanthropic foundation created and run by members of the Rockefeller family. It was founded in New York City in 1940 as the primary philanthropic vehicle for the five third-generation Rockefeller brothe ...
for forty-two years, from its inception in 1940 to 1982; during this time he also served as president (1958–68) and later its chairman (1968–80) for twenty-two years, longer than any other leader in the Fund's history. He was also a founding trustee of the Rockefeller Family Fund from 1967 to 1977. He was a leading figure in the pioneering field of
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to start-up company, startups, early-stage, and emerging companies that have been deemed to have high growth poten ...
, founding a joint partnership with all five brothers and their only sister, Babs, in 1946. In 1969 this became the successful
Venrock Associates Venrock (portmanteau of Venture and Rockefeller) is a venture capital firm formed in 1969 to build upon the successful investing activities of the Rockefeller family that began in the late 1930s. It has offices in Palo Alto, California, New York ...
, which provided important early funding for
Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the developers of the x86 seri ...
and Apple Computer, amongst many other start-up technology companies, including many other firms involved in healthcare. Over the years his investment interests spread into the fields of aerospace, electronics, high temperature physics, composite materials, optics, lasers, data processing, thermionics, instrumentation and nuclear power. The family also had longstanding philanthropic ties, among them the
Museum of Modern Art The Museum of Modern Art (MoMA) is an art museum located in Midtown Manhattan, New York City, on 53rd Street between Fifth and Sixth Avenues. It plays a major role in developing and collecting modern art, and is often identified as one of ...
, Rockefeller University, and
Memorial Sloan-Kettering Cancer Center Memorial Sloan Kettering Cancer Center (MSK or MSKCC) is a cancer treatment and research institution in the borough of Manhattan in New York City, founded in 1884 as the New York Cancer Hospital. MSKCC is one of 52 National Cancer Institute ...
. Rockefeller's major interest was in aviation; after the War, he became friendly with Captain Eddie Rickenbacker, who had triumphed in many dogfights over Europe. Rockefeller had learned to fly, and found Rickenbacker's vivid accounts of an approaching boom in commercial air travel to be persuasive. Within a decade after Rockefeller's considerable investment, Eastern Airlines had become the most profitable airline to emerge after World War II. He became its largest shareholder. He also funded the pivotal post-WWII military contractor McDonnell Aircraft Corp. In 1966, Rockefeller was considered by President of the United States, President Lyndon B. Johnson for the position of United States Secretary of Housing and Urban Development, Secretary of Housing and Urban Development, then a newly-formed agency. The position instead went to Robert C. Weaver, the first African Americans, African American Cabinet of the United States, Cabinet member in American history. Rockefeller was a longtime friend and associate of DeWitt Wallace, who with his wife in 1922 co-founded ''Reader's Digest''. Wallace, who was a major funder of the family's Colonial Williamsburg, appointed Laurance as an outside director in the company. He wanted to ensure that it preserved its patriotic mission of informing and educating the public, along with support for national parks, one of Rockefeller's primary interests. Through his resort management company, Rockresorts, Inc., Rockefeller opened environmentally focused hotels at Caneel Bay on Saint John, United States Virgin Islands (1956; a favorite resort today for celebrities), some property of which was later turned over to the Virgin Islands National Park; in Puerto Rico, on Virgin Gorda in the British Virgin Islands, and Hawaii, contributing to the movement now known as eco-tourism. The last of these, the Mauna Kea Beach Hotel, was established in 1965 on the Kohala Coast of the island of Hawaii. Its most noted general manager was Adi Kohler, who later wrote the story of the construction of the famous hotel in his book "Mr. Mauna Kea" published by McKenna Publishing Group. While sailing past Virgin Gorda, Rockefeller spotted an idyllic half-mile crescent bay with what he dubbed "wilderness beach". In 1958 planning and land acquisition began for what would become Little Dix Bay. The resort opened in 1964 and on January 18, 2014 Little Dix Bay celebrated its 50th anniversary. In 1993, the resort became part of Rosewood Hotels & Resorts but remains true to Rockefeller's vision of natural harmony and balance while offering an escape from the ordinary. Rockefeller funded the Memorial Sloan-Kettering Cancer Center at a critical juncture of its early development. He also funded William Irwin Thompson's Lindisfarne Association, a think tank and retreat. He had a major involvement in the New York Zoological Society, along with support from other family members and philanthropies; he was a long-time trustee (1935–86), president (1968–71) and chairman (1971–85). In 1983, Laurance Rockefeller donated the primary funds to create The Mirror Theater Ltd, a New York-based theater company founded by Sabra Jones. The Mirror Theater Ltd is known for producing the 1983 Broadway play ''Alice in Wonderland'' at the Virginia Theatre and for the many plays performed by its Mirror Repertory Company. Rockefeller also funded research of the Princeton Engineering Anomalies Research Lab, PEAR lab, dealing with consciousness-based physical phenomena. He also had an interest, gained via his mother
Abby Aldrich Rockefeller Abigail Greene Aldrich Rockefeller (October 26, 1874 – April 5, 1948) was an American socialite and philanthropist. She was a prominent member of the Rockefeller family through her marriage to financier and philanthropist John D. Rockefel ...
, in Buddhism and Asian cultural affairs. He funded the research of Harvard Medical School Professor Dr. John E. Mack, author of ''Passport to the Cosmos''. He also was reported to have supported the work of Dr. Steven M. Greer of the Disclosure Project. Rockefeller was also a patron to Roger A. Weir, specifically in relation to Weir's research on Jesus and Mary Magdalene. Rockefeller opposed the harsh punishments of the War on drugs, War on Drugs, including the "Rockefeller Drug Laws" that his older brother, Nelson, championed. He wrote to the New York Times in June 2002, "Overly harsh laws and punishments have reduced faith in government, which is essential to the functioning of a democracy."


UFOs

In later life, Rockefeller became interested in UFOs. In 1993, along with his niece, Anne Bartley, the stepdaughter of Winthrop Rockefeller and the then-president of the ''Rockefeller Family Fund'', he established the ''UFO Disclosure Initiative to the Bill Clinton, Clinton White House''. They asked for all UFO information held by the government, including from the Central Intelligence Agency, CIA and the US Air Force, to be declassified and released to the public. The first and most important test case where declassification had to apply, according to Rockefeller, was the Roswell UFO incident. In September 1994, the Air Force categorically denied the incident was UFO-related. Rockefeller briefed Clinton on the results of his initiative in 1995. Clinton did produce an Executive Order in late 1994 to declassify numerous documents in the National Archives, but this did not specifically refer to UFO-related files.


Crop Pictograms

Laurence Rockefeller funded the UK's largest crop circle (pictograms) survey.


Conservation

He was noted for his involvement in Conservation movement, conservation (
Lady Bird Johnson Claudia Alta "Lady Bird" Johnson (''née'' Taylor; December 22, 1912 – July 11, 2007) was First Lady of the United States from 1963 to 1969 as the wife of President Lyndon B. Johnson. She previously served as Second Lady from 1961 to 1963 whe ...
in 1967 labeled him "America's leading conservationist") and the protection of wildlife and was chairman of the ''Outdoor Recreation Resources Review Commission''. He was also a recipient of the Lady Bird Johnson Conservation Award. He served on dozens of federal, state and local commissions and advised every president since Dwight D. Eisenhower on issues involving recreation, wilderness preservation and ecology. He founded the American Conservation Association and supported many other environmental groups. He funded the expansion of Grand Teton National Park and was instrumental in establishing and enlarging national parks in Wyoming, California, the Virgin Islands, Vermont, Maine and Hawaii. In his home state, New York, he expended further cash and influence to help establish parklands and urban open spaces. There, as an active member of the Palisades Interstate Park Commission, he helped create a chain of parks that blocked the advance of urban sprawl. In September 1991, he was awarded the Congressional Gold Medal for contributions to conservation and historic preservation. Awarded by President George H. W. Bush, it was the first time in the Medal's history (since 1777) that it had been awarded for outdoor issues, effectively naming Rockefeller as "Mr Conservation", who more than any other American had put this issue on the public agenda. Rockefeller said at the award presentation that nothing was more important to him than "the creation of a conservation ethic in America". In 1992 Rockefeller and his wife Mary donated their Woodstock, Vermont summer home and farm to the National Park Service, creating a national park dedicated to the history of conservation, now called the Marsh-Billings-Rockefeller National Historical Park. In 2001, Rockefeller transferred ownership of his landmark 1106-acre (4.5 km²) ''Laurance S. Rockefeller Preserve, JY Ranch'' to the Grand Teton National Park in Wyoming. It was accepted by Vice President Dick Cheney on behalf of the Federal government (see External Links below).


Affiliations

A partial list of Rockefeller's more notable conservation-related memberships:Robin Winks, ''Laurance S. Rockefeller'', Appendix, pp. 207–211) *American Conservation Association, Inc. – Founder, President and Trustee *American Museum of Natural History – Life Member *Conservation Foundation (New York), The Conservation Foundation – Founding Member and Trustee, board of directors *Environmental Defense Fund – Member *Greenacre Foundation – Trustee *Jackson Hole Preserve, Jackson Hole Preserve, Inc. – President *National Audubon Society – Life Member (Recipient, Audubon Medal, 1964) *National Geographic Society – Board of Trustees *National Park Foundation – Vice chairman, board member Emeritus *National Trust for Historic Preservation – Life Member *National Wildlife Federation – Member *The Nature Conservancy – Member *New York Zoological Society – Trustee, Chairman *Palisades Interstate Park Commission – President *Save the Redwoods League – Life Member *The Wildlife Conservation Society – Chairman *World Wildlife Fund – Member


Personal life

Mary Rockefeller died in 1997, at the age of 86. Following his wife Mary's death, Rockefeller returned to New York. He died in his sleep of natural cause by pulmonary fibrosis on July 11, 2004 at the age of 94. Laurance Rockefeller was survived by daughters Lucy, Marion, Laura, and one son Larry Rockefeller. He was interred next to his wife at the Rockefeller Family Cemetery in Sleepy Hollow, New York, Sleepy Hollow.


See also

*Rockefeller family *David Rockefeller *
Rockefeller Brothers Fund The Rockefeller Brothers Fund (RBF) is a philanthropic foundation created and run by members of the Rockefeller family. It was founded in New York City in 1940 as the primary philanthropic vehicle for the five third-generation Rockefeller brothe ...
*Venture capital *Private equity *
Memorial Sloan-Kettering Cancer Center Memorial Sloan Kettering Cancer Center (MSK or MSKCC) is a cancer treatment and research institution in the borough of Manhattan in New York City, founded in 1884 as the New York Cancer Hospital. MSKCC is one of 52 National Cancer Institute ...


Notes


Further reading

*''Laurance S. Rockefeller: Catalyst for Conservation'', by Robin W. Winks, Washington, D.C.: Island Press, 1997. *''Memoirs'', David Rockefeller, New York: Random House, 2002. *''From the Captain to the Colonel: An Informal History of Eastern Airlines'', Robert J. Serling, New York: Dial Press, 1980.


External links


Marsh-Billings-Rockefeller National Historical Park
*[http://www.rockarch.org/ The Rockefeller Archive Center] Biographical details from the family archives. {{DEFAULTSORT:Rockefeller, Laurance 1910 births 2004 deaths American conservationists American financiers American investors Philanthropists from New York (state) Businesspeople from New York City Congressional Gold Medal recipients Deaths from respiratory failure People from Manhattan Princeton University alumni Private equity and venture capital investors Rockefeller family Winthrop family American people of English descent American people of German descent American people of Scotch-Irish descent Wildlife Conservation Society people Harvard Law School alumni Activists from New York (state) Presidential Medal of Freedom recipients