Frederick Phineas Rose, gave away roughly $100 million, primarily to New York institutions. Until shortly before his death in 1999, he served as the chairman of Rose Associates, where he worked with his brothers Elihu (father of Isabel and her older sister, Amy) and Daniel, the current chairman.
His gifts included a reported $5 million to the Metropolitan Museum of Art; $15 million to the New York Public Library; and more than $30 million to Lincoln Center, where he helped construct the 31-story Rose Building; which is used for rehearsal space and dormitories for the Julliard School of Music, and offices for the School of American Ballet and the New York Philharmonic.
He and his wife provided $20 million of the $150 million cost of the new planetarium, the Frederick Phineas and Sandra Priest Rose Center for Earth and Space at the American Museum of Natural History, and as was his wont with other donations the couple made towards construction projects, was the project leader for the museum trustees.
The Roses are one of the oldest and most successful real-estate families in New York. Founded in the Bronx in the 1920’s by brothers Samuel B. and David Rose, their flagship developing company, Rose Associates, manages more than 31,000 apartments in New York, including Stuyvesant Town and Peter Cooper Village, and owns some of the city’s most sought-after real estate, such as the Madison Belvedere.
Frederick P. Rose, died September 15th, just two months shy of his 76th birthday. His sons Adam, president of Rose Associates, and Jonathan F.P., who now heads a Katonah, NY-based real estate firm that consults on the development of community facilities, explained that their father never wanted to be called a "developer," but instead considered himself a "builder."
Also survived by a daughter, Deborah Rose, and three grandchildren, Ariel, Rachel and Sarah. While they raised their children in Scarsdale, NY, where he eventually was elected to the school board, most recently, he and his wife of 51 years, Sandra, lived in Rye, NY, where Rose passed away after an illness. He was very active until about two weeks earlier, Adam said, even playing rounds of golf.