After the 1906 reorganization of the Sears company as a public stock corporation by the financial services firm of Goldman Sachs, one of the senior partners, Paul Sachs, often stayed with the Rosenwald family at their home during his many trips to Chicago. Julius Rosenwald and Sachs often would discuss America's social situation, agreeing that the plight of African Americans was the most serious problem in the United States.
The reorganization of Sears by Goldman Sachs in 1906 led to Paul Sachs often staying with the Rosenwald family during his trips to Chicago. During these visits, Julius Rosenwald and Sachs would discuss America's social issues, agreeing that the struggles faced by African Americans were a major concern for the nation.