from http://en.wikipedia.org/wiki/Booker_T._Washington

Julius Rosenwald

Julius Rosenwald (1862-1932) was another self-made wealthy man with whom Washington found common ground. By 1908, Rosenwald, son of an immigrant clothier, had become part-owner and president of Sears, Roebuck and Company in Chicago. Rosenwald was a philanthropist who was deeply concerned about the poor state of African American education, especially in the Southern states.

In 1912 Rosenwald was asked to serve on the Board of Directors of Tuskegee Institute, a position he held for the remainder of his life. Rosenwald endowed Tuskegee so that Washington could spend less time traveling to seek funding and devote more time towards management of the school. Later in 1912, Rosenwald provided funds for a pilot program involving six new small schools in rural Alabama, which were designed, constructed and opened in 1913 and 1914 and overseen by Tuskegee; the model proved successful. Rosenwald established the The Rosenwald Fund. The school building program was one of its largest programs. Using state-of-the-art architectural plans initially drawn by professors at Tuskegee Institute, the Rosenwald Fund spent over four million dollars to help build 4,977 schools, 217 teachers' homes, and 163 shop buildings in 883 counties in 15 states, from Maryland to Texas.[13] The Rosenwald Fund used a system of matching grants, and black communities raised more than $4.7 million to aid the construction.[14] These schools became known as Rosenwald Schools. By 1932, the facilities could accommodate one third of all African American children in Southern U.S. schools.