John Raskob: Business Tycoon, Philanthropist, Catholic Leader

John J. Raskob was a prominent American businessman, financier, and philanthropist. Born in 1879, he rose to the top of General Motors and played a key role in the Democratic National Committee. Raskob was deeply involved in the Catholic Church and supported various Catholic organizations. He was also a generous donor to education, particularly the University of Notre Dame, where he established the John J. Raskob Gymnasium. Raskob’s family ties were influential, with close bonds to family members who also made significant contributions in business, politics, and education.

Family Ties:

• Highlight the close bonds and influential family members of Eleanor C. Raskob and John R. Raskob Jr., including Eleanor R. S. Secrest and Florence R. Donahue.

Family Ties: The Heart of the Raskob Dynasty

Families are like trees, with sturdy roots that provide stability, and branches that reach out in all directions, creating a network of love and support. For Eleanor C. Raskob and John R. Raskob Jr., their family was the foundation of their lives.

At the heart of the Raskob family was matriarch Eleanor R. S. Secrest. A woman of great strength and determination, Eleanor instilled in her children a deep sense of duty and a commitment to hard work. Her unwavering support was a constant source of inspiration for her son, John.

Florence R. Donahue, John’s sister, was another influential figure in his life. A talented artist and writer, Florence shared her brother’s passion for education and the arts. Their close bond was evident in their shared interests and mutual support for each other’s endeavors.

The Raskobs: Business Titans Behind Major Corporations

General Motors: A Driving Force

• John Raskob, Sr. emerged as a pivotal figure in the growth of General Motors (GM).
• His financial acumen and strategic decision-making propelled GM into a dominating force in the automotive industry.
• The Raskobs played a key role in the development and marketing of the Chevrolet, making it one of America’s most iconic cars.

E. I. du Pont de Nemours and Company: Chemical Giants

• The Raskobs’ influence extended to the chemical industry through their involvement with E. I. du Pont de Nemours and Company.
• John Raskob, Jr. became a leading figure in the company, contributing to its expansion and technological advancements.
• Du Pont played a crucial role in developing synthetic materials, revolutionizing various industries and improving our everyday lives.

The Raskobs and the Political Arena: Making Waves in the Democratic Seas

When it came to the world of politics, the Raskobs weren’t mere spectators—they were movers and shakers who made their presence known. Their allegiance lay with the Democratic National Committee, a testament to their progressive beliefs and a yearning for social and economic change.

Eleanor C. Raskob was a force to be reckoned with in Democratic circles. As a member of the DNC’s Executive Committee, she was a key figure in shaping the party’s platform and strategy. Her husband, John R. Raskob Jr., was also an influential player, using his business acumen to advise candidates and raise funds for campaigns.

The Raskobs’ political affiliations extended beyond the DNC. They actively supported numerous Democratic candidates, particularly those who championed social justice and economic equality. Their unwavering devotion to the Democratic cause earned them respect and admiration throughout the political landscape.

The Raskobs: A Deep-Rooted Faith

In the tapestry of the Raskob family’s remarkable story, their religious beliefs played a vibrant and enduring thread.

The Raskobs were devout Catholics, their faith woven into the very fabric of their lives. They found solace and guidance in the teachings of the Church, and their unwavering devotion shaped their actions both inside and outside the walls of their grand estate, Lyndhurst.

Their connection to the Catholic community was profound. They were staunch supporters of the Knights of Columbus, a fraternal organization dedicated to charity and Catholic ideals. Through their generous contributions and active involvement, they helped to strengthen the bonds that united Catholic men across the nation.

The Raskobs also extended their philanthropy to Catholic organizations beyond their immediate circle. They donated generously to Catholic schools and hospitals, believing that education and healthcare were vital pillars of a just and compassionate society. Their faith inspired them to share their blessings with those in need, leaving an enduring legacy of service and sacrifice.

Educational Endeavors:

• Highlight the Raskobs’ commitment to education, particularly their generous donations to the University of Notre Dame and the establishment of the John J. Raskob Gymnasium.

The Raskobs’ Enduring Legacy in the World of Education

In the tapestry of their multifaceted lives, Eleanor C. Raskob and John R. Raskob Jr. left an indelible mark on the realm of education. Their unwavering commitment to fostering knowledge and intellectual growth extended far beyond their own families.

One of the most notable examples of their philanthropic endeavors is their generous support for the University of Notre Dame. With a shared passion for higher education, the Raskobs became ardent benefactors, providing substantial donations to support the institution’s growth and development. Their contributions played a pivotal role in shaping Notre Dame’s reputation as a preeminent center for academic excellence.

But their educational legacy did not stop there. In honor of their beloved father, John J. Raskob, they commissioned the construction of the John J. Raskob Gymnasium on campus. This state-of-the-art facility became a beacon of athleticism and physical education, providing students with unparalleled opportunities for fitness and sportsmanship.

The Raskobs’ dedication to education extended beyond Notre Dame. They supported numerous other institutions and initiatives, including Catholic schools and organizations dedicated to enriching the lives of young people. Their belief in the transformative power of education fueled their unwavering commitment to empowering future generations.