John Herzog, founder of the Museum of American Finance, alerted the Museum’s board of trustees on his 80th birthday that the $5 million he had earmarked for the institution in his will would come early. His gift echoes the advice of Andrew Carnegie, who advocated philanthropy within one’s lifetime.

On May 17, I photographed the board of trustees accepting the symbolic $5 million check for the cover of Financial History magazine. Afterward, there was a reception in Herzog’s honor.

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Alan Barnett, NYC event photography

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