Henry Parsons Crowell (1855–1944) was an American businessman, 1901 founder of the
Quaker Oats Company
The Quaker Oats Company, known as Quaker, is an American food Conglomerate (company), conglomerate based in Chicago. It has been owned by PepsiCo since 2001.
History Precursor miller companies
In the 1850s, Ferdinand Schumacher and Robert Stuar ...
and a
philanthropist
Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...
.
[Musser, Joe (1997). ''The Cereal Tycoon''. Moody Press. , p.3, 154.]
Career
As the founder of the
Quaker Oats Company
The Quaker Oats Company, known as Quaker, is an American food Conglomerate (company), conglomerate based in Chicago. It has been owned by PepsiCo since 2001.
History Precursor miller companies
In the 1850s, Ferdinand Schumacher and Robert Stuar ...
, Henry Parsons Crowell helped guide the eating habits of Americans, and in the process helped to create new methods of marketing and merchandising.
Crowell spent much of his life in business and philanthropy. For 40 years he was the chairman of the Board of Trustees of the
Moody Bible Institute
Moody Bible Institute (MBI) is a private evangelical Christian Bible college founded in the Near North Side of Chicago, Illinois, US by evangelist and businessman Dwight Lyman Moody in 1886. Historically, MBI has maintained positions that have ...
. The Henry Parsons Crowell and Susan Coleman Crowell Trust carefully states that the purpose of their personal family Trust is to fund the teaching and active extension of the doctrines of
evangelical Christianity
Evangelicalism (), also called evangelical Christianity or evangelical Protestantism, is a worldwide interdenominational movement within Protestant Christianity that affirms the centrality of being " born again", in which an individual expe ...
.
Legacies and contributions
Crowell donated over 70 percent of his wealth to the
Crowell Trust
The Crowell Trust (full name: The Henry Parsons Crowell and Susan Coleman Crowell Trust) is a charitable foundation in the United States which states that it "is dedicated to the teaching and active extension of the doctrines of Evangelical Christi ...
.
The
Moody Bible Institute
Moody Bible Institute (MBI) is a private evangelical Christian Bible college founded in the Near North Side of Chicago, Illinois, US by evangelist and businessman Dwight Lyman Moody in 1886. Historically, MBI has maintained positions that have ...
named the 12-story Crowell Hall building after him.
History of Moody Bible Institute
/ref> He was regarded as one of the most respected Christian
Christians () are people who follow or adhere to Christianity, a monotheistic Abrahamic religion based on the life and teachings of Jesus Christ. The words '' Christ'' and ''Christian'' derive from the Koine Greek title ''Christós'' (Χρ ...
businessmen in the early 20th century in the US.
Bibliography
Musser, Joe (1997). ''The Cereal Tycoon''. Moody Press. .
Day, Richard Ellsworth, "Breakfast Table Autocrat The Life Story of Henry Parsons Crowell". Moody Press, Chicago, 1946.
References
{{DEFAULTSORT:Crowell, Henry Parsons
American food company founders
American evangelicals
1855 births
1943 deaths
Quaker Oats Company
19th-century American people
20th-century American businesspeople
American philanthropists