Pictured on right, Julius Rosenwald, former President & Chairman of the Board of Sears, Roebuck & Co
Our tradition of giving back is deeply rooted and inspired by the actions of William Rosenwald, an heir to the Sears Roebuck & Company fortune and a philanthropist who helped establish the nationwide United Jewish Appeal (UJA) in 1939, was a long-time Board member of Tuskegee University, and made other charitable contributions through the William Rosenwald Family Fund. His father, Julius Rosenwald (pictured), dedicated the vast majority of his wealth to charity including the construction of more than 5,200 so called “Rosenwald Schools” throughout the South, the Chicago Museum of Science and Industry (pictured in the banner above), and the University of Chicago. By 1929, his generosity totaled more than $63 million, equivalent to over $800 million today. William Rosenwald, Julius Rosenwald’s son, was a founder of the United Jewish Appeal (UJA) and long-time Board member of Tuskegee University.
The American Securities Foundation is a federally recognized non-profit dedicated to giving back. The Foundation and our partners support a wide range of charitable causes including:
• Educational institutions and programming
• Healthcare and medical research
• Alleviating suffering of disadvantaged people
• Human rights around the world
American Securities has played a long-term role in the support of a number of well-respected nonprofit institutions and philanthropic organizations. We have ongoing relationships with many and we are pleased to contribute to their success toward improving our communities.
Each year, all colleagues in our New York and in our Shanghai offices participate in a Day of Giving Back. In 2011, our New York team members volunteered at St. John’s Bread and Life, the largest soup kitchen in Brooklyn serving more than 1,000 people a day with breakfast and lunch. At St. John’s, we helped organize a multi-media room, cleaned and organized two areas for St. John’s Sponsor a Family drive, and served meals to more than 350 clients of St. John’s. In 2010, we helped paint classrooms, make alphabet murals and build furniture to improve a Queens’ kindergarten. In 2009, we participated in four different activities throughout New York City: a science program for fourth graders in Chelsea; packing items for a food bank in Harlem; walking shelter dogs in Brooklyn; and helping second graders from the Bronx learn digital photography at the International Center for Photography.
In China, we helped rebuild a school after the devastating 2008 Sichuan earthquake. Our China office also helped with the Children’s Day Celebration in 2009 and in 2011 assisted with the classifying books for the ZhenHua Labor Dependent School library.