Cecil and Ida Green: Philanthropists Extraordinary

Front Cover
MIT Press, 1989 - Art - 463 pages
0 Reviews

Cecil and Ida Green made a fortune almost by chance. In 1941 they bought a quarter share of a faltering oil exploration company; government contracts during the war led to the creation of a small instrumentation division that became Texas Instruments. In 1954 scientists at Texas Instruments created the first silicon transistor, and the rest is history. What is remarkable about the Greens, however, was their joint decision to share the fruits of their success as widely as possible. Their donations of more than $150 million have left an indelible mark on American scientific and medical education. This warm, anecdotal biography by the Greens' longtime friend, MIT geologist Robert Shrock reveals the human impulses that led to their success, the unique combination of the analytical and the personal that they brought to their business decisions and to their investments in humanity's future. Shrock describes the early years of the Greens' life together in and around Texas, exploring for subsurface structures possibly containing oil and gas: fifteen years of hard field work followed by ten years as geophysical entrepreneurs. He follows the transformation of their first acquisition, a risky geophysical venture, into the wildly successful Texas Instruments. Their fortune made, Shrock details the decades in which the Greens imaginatively shared their wealth - funding academic buildings, hospitals, health care centers, libraries and other civic buildings; endowing professorships, fellowships, and scholarships in ten different schools and research institutions; assisting in founding two new colleges - at the University of Texas at Dallas and at Oxford - and an innovative educational audio-visual TV network in Dallas. In choosing their grantees, Shrock notes, they applied exactly those analytical skills that had paid off in business decisions: the Greens could be as hard-nosed in dealing with the cost-benefit aspects of redistributing wealth as in amassing it. At the same time their approach was always intensely personal and direct.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

2
27
San Francisco to Boston
41
Company in Palo Alto December 1929October 1930 52
60
Contents
79
1931June 1932 79 Three Months of GSI Work along
95
the World in Eight Months 19391940 112 A Period of
124
The Year of Decision 127 Cecil as Vice President of
145
versity of Texas at Dallas 153 The University of Texas at Dal
162
The Greens and St Marks School of Texas 212 The Greens
253
Easter Seal Society 260 Support of Traditional Education
270
versity of Sydney 276 Support of Traditional Education
287
Contents
310
las Museum of Art 322 The Dallas County Heritage Project
323
Joint Awards and Honors 327 Individual Awards and Honors
347
Summation of Awards and Honors to Cecil and Ida 361
361
Contents
381

tion and Cooperation 174 Interdisciplinary Conferences
180
Contents
184
Summary 209
209
I
443
Copyright

Common terms and phrases

About the author (1989)

Robert R. Shrock is Emeritus Professor of Geology at MIT.

Bibliographic information