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Guggenheim (n.)

grant for advanced study, from the John Simon Guggenheim Foundation, established 1925 by U.S. Sen. Simon Guggenheim (1867-1941) in memory of his son, who died young. The senator's brother was an arts patron who founded the Solomon R. Guggenheim Foundation in 1937, which grew into the Guggenheim Museum of modern art. The surname is German, said to mean literally "swamp hamlet" or "cuckoo hamlet."

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Definitions of Guggenheim from WordNet

Guggenheim (n.)
United States philanthropist; son of Meyer Guggenheim who created several foundations to support the arts (1861-1949);
Synonyms: Solomon Guggenheim
Guggenheim (n.)
United States industrialist (born in Switzerland) who with his sons established vast mining and metal processing companies (1828-1905);
Synonyms: Meyer Guggenheim
From wordnet.princeton.edu