The Board was created in 1902 after John D. Rockefeller donated an initial $1,000,000 dollars to its cause. The Rockefeller family would eventually give over $180 million to fund the General Education Board. Prominent member Frederick Taylor Gates envisioned "The Country School of To-Morrow," wherein "young and old will be taught in practicable ways how to make rural life beautiful, intelligent, fruitful, re-creative, healthful, and joyous."[1] By 1934 the Board was making grants of $5.5 million a year. It spent nearly all its money by 1950 and closed in 1964.
https://en.m.wikipedia.org/wiki/General_Education_Board