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#MorganGuaranty

3 entries

People (1)

  • Wickliffe Draper Massachusetts textile heir who founded the Pioneer Fund in 1937 and secretly sent nearly 215,000 dollars through Morgan Guaranty to the Mississippi State Sovereignty Commission to fight the Civil Rights Act of 1964.

Organizations (2)

  • Morgan Guaranty Trust New York bank formed on April 24, 1959 by the merger of J.P. Morgan and Guaranty Trust, which carried Wickliffe Draper's anonymous gifts to Mississippi in 1963 and was succeeded by JPMorgan Chase Bank.
  • Pioneer Fund New York foundation created in 1937 by Wickliffe Draper to promote eugenics, which became the main financier of race and intelligence research in the United States and of many scholars cited in The Bell Curve.