Retirement
After 40 years at the Rouse Company, James Rouse retired from day-to-day management in 1979. Soon afterwards, he and his wife founded the Enterprise Foundation, a not-for-profit foundation funded in part by a for-profit subsidiary, The Enterprise Development Company, and focused on seeding partnerships with community groups that would address the need for affordable housing and associated social services for poor neighborhoods.
Rouse was inducted into the Junior Achievement U.S. Business Hall of Fame in 1981. In 1988, Rouse was awarded the second Honor Award from the National Building Museum.
The Rouse Theatre in Wilde Lake High School is named after James. In May 2006, an approximately four-mile stretch of Maryland Route 175 between Interstate 95 and U.S. Route 29 in Columbia, Maryland, was named after Rouse and his wife, Patty. Patty Rouse died on March 5, 2012.
Rouse received the Presidential Medal of Freedom in 1995.
Read more about this topic: James Rouse
Famous quotes containing the word retirement:
“The student who secures his coveted leisure and retirement by systematically shirking any labor necessary to man obtains but an ignoble and unprofitable leisure, defrauding himself of the experience which alone can make leisure fruitful.”
—Henry David Thoreau (1817–1862)
“Convent. A place of retirement for women who wish for leisure to meditate upon the sin of idleness.”
—Ambrose Bierce (1842–1914)
“Douglas. Now remains a sweet reversion—
We may boldly spend, upon the hope
Of what is to come in.
A comfort of retirement lives in this.
Hotspur. A rendezvous, a home to fly unto.”
—William Shakespeare (1564–1616)