I believe in the dignity of labor, whether with head or hand; that the world owes no man a living but that it owes every man an opportunity to make a living.

- John D. Rockefeller, American capitalist and founder of Standard Oil, was born today in 1839. In addition to his aggressive business pursuits in the oil industry, Rockefeller chartered the course of modern philanthropy through his targeted and systematic approach to giving. The John D. Rockefeller Foundation, founded in 1913, is still one of the most influential foundations in the world and gives away over $130 million annually.