J. Roderick MacArthur: Difference between revisions

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Rod MacArthur made two further contributions while on the board of the John D. and Catherine T. MacArthur Foundation. First, he is the person who pushed the Board to offer the MacArthur fellowships, also called "Genius Grants".<ref>http://www.macfound.org/site/c.lkLXJ8MQKrH/b.959481/k.7895/Frequently_Asked_Questions.htm</ref> Second, in 1980 at the urging of his son John R. "Rick" MacArthur, then 23, Rod persuaded the Board to partner in creating and funding a Harper's Magazine Foundation to acquire and operate the magazine of the same name. This new entity acquired ''[[Harper's Magazine]]'' (which was then losing nearly $2 million per year and was on the verge of ceasing publication) for $250,000. Rick MacArthur eventually took over the foundation that owned ''Harper's''.

Two years before John D. MacArthur died and set up his foundation, Rod MacArthur used his substantial fortune from the Bradford Exchange to form his own foundation. As of 2004, the J. Roderick MacArthur Foundation had $22 million in assets<ref>{{Wayback |date=20040224050642webarchive |url=https://web.archive.org/web/20040224050642/http://macarthur.uchicago.edu/about/roderick.html |date=February 24, 2004 |title="J. Roderick MacArthur" }}, ''The MacArthur Justice Center'', Northwestern University School of Law (archived 2004)</ref> and supports liberal causes, including the Death Penalty Information Center in Washington, D.C., and the Roderick & Solange MacArthur Justice Center at the [[Northwestern University School of Law]].

==References==