Russell Trust Association
Encyclopedia
The Russell Trust Association is the business name
for the New Haven, Connecticut
, based Skull and Bones
society
, incorporated in 1856.
The Russell Trust was incorporated by William Huntington Russell
as its president, and Daniel Coit Gilman
as its first treasurer. Gilman later went on to become president of the University of California at Berkeley and Johns Hopkins University
before leaving to become the first president of the Carnegie Foundation
. Gilman also served as one of the first board members of the Russell Sage Foundation
.
In 1943, by special act of the Connecticut
state legislature, its trustees were granted an exemption from filing corporate reports with the Secretary of State
, which is normally a requirement.
From 1978 onward, business of the Russell Trust Association was handled by its single trustee, Brown Brothers Harriman & Co.
partner John B. Madden. Madden started with Brown Brothers Harriman in 1946, under senior partner Prescott Bush
.
The business and political network of the Skull and Bones was detailed by Hoover Institution
scholar Antony C. Sutton
in the exposé, America's Secret Establishment
. Social organizations connected to the Russell Trust network include Deer Island Club
, which also operates as a corporation
.
Doing business as
The phrase "doing business as" is a legal term used in the United States, meaning that the trade name, or fictitious business name, under which the business or operation is conducted and presented to the world is not the legal name of the legal person who actually own it and are responsible for it...
for the New Haven, Connecticut
New Haven, Connecticut
New Haven is the second-largest city in Connecticut and the sixth-largest in New England. According to the 2010 Census, New Haven's population increased by 5.0% between 2000 and 2010, a rate higher than that of the State of Connecticut, and higher than that of the state's five largest cities, and...
, based Skull and Bones
Skull and Bones
Skull and Bones is an undergraduate senior or secret society at Yale University, New Haven, Connecticut. It is a traditional peer society to Scroll and Key and Wolf's Head, as the three senior class 'landed societies' at Yale....
society
Secret society
A secret society is a club or organization whose activities and inner functioning are concealed from non-members. The society may or may not attempt to conceal its existence. The term usually excludes covert groups, such as intelligence agencies or guerrilla insurgencies, which hide their...
, incorporated in 1856.
The Russell Trust was incorporated by William Huntington Russell
William Huntington Russell
William Huntington Russell was an American businessman, educator, and politician. He was the founder of the Yale University secret society Skull and Bones. He was a descendant of several old New England families, including those of Pierpont, Hooker, Willett, Bingham, and Russell. His ancestor Rev...
as its president, and Daniel Coit Gilman
Daniel Coit Gilman
Daniel Coit Gilman was an American educator and academician, who was instrumental in founding the Sheffield Scientific School at Yale College, and who subsequently served as one of the earliest presidents of the University of California, the first president of Johns Hopkins University, and as...
as its first treasurer. Gilman later went on to become president of the University of California at Berkeley and Johns Hopkins University
Johns Hopkins University
The Johns Hopkins University, commonly referred to as Johns Hopkins, JHU, or simply Hopkins, is a private research university based in Baltimore, Maryland, United States...
before leaving to become the first president of the Carnegie Foundation
Carnegie Corporation of New York
Carnegie Corporation of New York, which was established by Andrew Carnegie in 1911 "to promote the advancement and diffusion of knowledge and understanding," is one of the oldest, largest and most influential of American foundations...
. Gilman also served as one of the first board members of the Russell Sage Foundation
Russell Sage Foundation
The Russell Sage Foundation is the principal American foundation devoted exclusively to research in the social sciences. Founded in 1907 and headquartered in New York City, the foundation is a research center, a funding source for studies by scholars at other institutions, and a key member of the...
.
In 1943, by special act of the Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
state legislature, its trustees were granted an exemption from filing corporate reports with the Secretary of State
Secretary of State
Secretary of State or State Secretary is a commonly used title for a senior or mid-level post in governments around the world. The role varies between countries, and in some cases there are multiple Secretaries of State in the Government....
, which is normally a requirement.
From 1978 onward, business of the Russell Trust Association was handled by its single trustee, Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co.
Brown Brothers Harriman & Co. is an American investment bank and securities firm, founded in 1818, it is the oldest and largest private bank in the United States. Brown Brothers Harriman serves clients globally in three main businesses: Investment Banking & Advisory, Wealth Management, Commercial...
partner John B. Madden. Madden started with Brown Brothers Harriman in 1946, under senior partner Prescott Bush
Prescott Bush
Prescott Sheldon Bush was a Wall Street executive banker and a United States Senator, representing Connecticut from 1952 until January 1963. He was the father of George H. W. Bush and the grandfather of George W...
.
The business and political network of the Skull and Bones was detailed by Hoover Institution
Hoover Institution
The Hoover Institution on War, Revolution and Peace is a public policy think tank and library founded in 1919 by then future U.S. president, Herbert Hoover, an early alumnus of Stanford....
scholar Antony C. Sutton
Antony C. Sutton
Antony Cyril Sutton was a British-born economist, historian, and writer.- Biography :Sutton studied at the universities of London, Gottingen, and California, and received his D.Sc. from the University of Southampton...
in the exposé, America's Secret Establishment
America's Secret Establishment
America's Secret Establishment is a 1986 book by Hoover Institution scholar Antony C. Sutton in which, among other things, he details the business and political network of secret society Skull and Bones and its parent, the Russell Trust Association.-External links:* This text can be viewed online...
. Social organizations connected to the Russell Trust network include Deer Island Club
Deer Island (Thousand Islands)
Deer Island is one of the American Thousand Islands. It lies between mainland Canada and United States, within the Saint Lawrence River, close to Alexandria Bay, New York. It is owned entirely by the Russell Trust Association and is used as a Skull and Bones retreat.The island lies near Boldt...
, which also operates as a corporation
Corporation
A corporation is created under the laws of a state as a separate legal entity that has privileges and liabilities that are distinct from those of its members. There are many different forms of corporations, most of which are used to conduct business. Early corporations were established by charter...
.