The Rosenwald Fund (also known as the Rosenwald Foundation, the Julius Rosenwald Fund, and the Julius Rosenwald Foundation) was established in 1917 by Julius Rosenwald and his family for "the well-being of mankind." Rosenwald became part-owner of Sears, Roebuck and Company in 1895, serving as its president from 1908 to 1922, and chairman of its board of directors until his death in 1932. He became interested in social issues, especially education for African Americans in the rural South, which was segregated and chronically underfunded.
Before establishing the foundation, Rosenwald provided funding directly through Dr. Booker T. Washington of the Tuskegee Normal and Industrial Institute (now known as Tuskegee University), a historically black college (HBCU), to help support a model project to design and operate schools for black children in the rural South.
Unlike other endowed foundations, which were designed to fund themselves in perpetuity, the Rosenwald Fund was designed to expend all of its funds for philanthropic purposes before a predetermined "sunset date." It donated over $70 million to public schools, colleges and universities, museums, Jewish charities, and black institutions before funds were completely depleted in 1948.
The rural school building program for African-American children was one of the largest programs administered by the Rosenwald Fund. Over $4.4 million in matching funds stimulated construction of more than 5,000 one-room schools (and larger ones), as well as shops and teachers' homes, mostly in the South, where public schools were segregated and black schools had been chronically underfunded. This was particularly so after disenfranchisement of most blacks from the political system in southern states at the turn of the 20th century. The Fund required white school boards to agree to operate such schools and to arrange for matching funds, in addition to requiring black communities to raise funds or donate property and labor to construct the schools. These schools, constructed to models designed by architects of Tuskegee Normal and Industrial Institute (now known as Tuskegee University), became known as " Rosenwald Schools." In some communities, surviving structures have been preserved and recognized as landmarks for their historical character and social significance. The National Trust for Historic Preservation has classified them as National Treasures.
The Rosenwald Fund also made fellowship grants directly to African-American artists, writers, researchers and intellectuals between 1928 and 1948. Civil rights leader Julian Bond, whose father received a Rosenwald fellowship, has called the list of grantees a "Who's Who of black America in the 1930s and 1940s."  Hundreds of grants were disbursed to artists, writers and other cultural figures, many of whom became prominent or already were, including photographer Gordon Parks Jr., Elizabeth Catlett, poets Claude McKay, Dr. Charles Drew, Augusta Savage, anthropologist and dancer Katherine Dunham, singer Marian Anderson, writers Ralph Ellison, W.E.B. Du Bois, James Weldon Johnson, psychologists Kenneth and Mamie Clark, dermatologist Theodore K. Lawless,  and poets Langston Hughes, Maya Angelou and Rita Dove.   Fellowships of around $1,000 to $2,000 were given out yearly to applicants and were usually designed to be open-ended; the Foundation requested but did not require grantees to report back on what they accomplished with the support.
In 1929, the Rosenwald Fund funded a syphilis treatment pilot program in five Southern states. The Rosenwald project emphasized locating people with syphilis and treating them, during a time when syphilis was widespread in poor African-American communities.  The Fund ended its involvement in 1932, due to lack of matching state funds (the Fund required jurisdictions to contribute to efforts to increase collaboration on solving problems). After the Fund ceased its involvement, the federal government decided to take over the funding and changed its mission to being a non-therapeutic study. The infamous Tuskegee syphilis study began later that year, tracking the progress of untreated disease, and took advantage of poor participants by not informing them fully of its constraints. Even after penicillin became recognized as approved treatment for this disease, researchers did not treat the study participants. 
- Adams, Maurianne (2000). Strangers & Neighbors: Relations Between Blacks & Jews in the United States. Amherst: University of Massachusetts Press. p. 5. ISBN 978-1-5584-9236-3.
- Black Apollo of Science: The Life of Ernest Everett Just, Kenneth R. Manning, 1985.
- Schulman, Daniel (2009). A Force for Change: African American Art and the Julius Rosenwald Fund. Evanston: Northwestern University Press. p. 11. ISBN 978-0-8101-2588-9.
- Kenneth Turan, "Review 'Rosenwald' reveals a philanthropist with a mission", Los Angeles Times, 27 August 2015, accessed 2 November 2015
- Jones, James H. (1993). Bad Blood: The Tuskegee Syphilis Experiment. New York: The Free Press. pp. 52–90. ISBN 0-02-916676-4.
- Perkins, Alfred. Edwin Rogers Embree: The Julius Rosenwald Fund, Foundation Philanthropy, and American Race Relations (Indiana UP, 2011) excerpt and text search