Wednesday, December 21, 2016
Inside Pinkerton, a Low Profile Anti-Poverty Foundation
What's in a name? Well, the Pinkerton Foundation in New York City draws its name from what was once the nation's oldest and largest security company.
For those versed in U.S. history, you might remember that Pinkertons were hired guns involved in strike busting, as well as the forerunner of the Secret Service. Years later, Robert Pinkerton II, using the wealth he amassed steering the agency started by his great-grandfather, established a foundation to, as he put it, "prevent juvenile delinquency."
The Pinkerton Foundation has since shed its ties to the firm and boasts a nine-figure endowment and annual grantmaking of around $35 million...