Edward harkness net worth
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Edward Harkness
American philanthropist
Edward Stephen Harkness (January 22, 1874 – January 29, 1940) was an American philanthropist. Given privately and through his family's Commonwealth Fund, Harkness' gifts to private hospitals, art museums, and educational institutions in the Northeastern United States were among the largest of the early twentieth century.[1][2] He was a major benefactor to Columbia University, Yale University, Harvard University, Phillips Exeter Academy, St. Paul's School, the Metropolitan Museum of Art, and the University of St Andrews in Scotland. He was elected a member of the American Philosophical Society in 1934.[3]
Harkness inherited his fortune from his father, Stephen V. Harkness, whose wealth was established by an early investment in Standard Oil, and his brother, Charles W. Harkness.[4] In 1918, he was ranked the 6th-richest person in the United States by Forbes magazine's first "Rich List",[5] behind John D. Rockefeller, Henry Clay Frick, Andrew Carnegie, George Fisher Baker, and William R
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Edward Harkness
Edward Stephen Harkness (1874–1940), a major philanthropic donor of the early 20th century, was the first president of the Commonwealth Fund. Believing that his inherited wealth was a responsibility to do something for the common good, he donated more than $129 million during his lifetime. His giving, mostly anonymous, was innovative, insightful, and focused.
Born in Cleveland, Ohio, Edward was the youngest of four children of Stephen and Anna Harkness. Stephen was a wealthy investor in banks, railroads, real estate and a majority shareholder of the Standard Oil Company. When Stephen died without a will in 1888, his $150 million estate was divided among his heirs. The heirs moved to New York City, where the older son Charles managed the family’s investments. Edward and his mother devoted themselves to philanthropy. He assisted his mother, Anna Harkness, in establishing the Commonwealth Fund in 1918 and served as its president for 22 years.
In addition to his work and donations for the Commonwealth Fund, Edward pioneered one of the first medical centers to comb
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Overview of the Collection | ||
Repository: | G. W. Blunt White Library, Mystic Seaport | |
Creator: | Harkness, Edward W. | |
Title: | Edward W. Harkness Papers | |
Dates: | 1859-1893 | |
Extent: | ca 300 pieces | |
Abstract: | Included in the collection are accounts, bills, receipts, and letters. The bills and ships papers deal exclusively with the vessels J.H. BOWERS and the RAPHAEL, reflecting transactions in Liverpool, Cape Town, Padang, Cardiff, Montevideo, Valparaiso, Swatow, London, Batavia, and Amsterdam. | |
Identification: | Coll. 145 |
Biography of Edward W. Harkness
Edward W. Harkness was born August 9, 1837 in Camden, Maine. He was the son of Robert Harkenss and Deborah Wallace Thorndike. He married a woman by the name of Francena (Fannie, last name unknown) and had three sons, Charles R. Harkness (b. 1869), George E. Harkness (b. 1872), and Arthur E. Harness (b. 1880). By 1870 he is listed in the federal census as a master mariner living in Camden, and was master of the bark J.H. BOWERS and the ship RAPHAEL. By 1900 he was living in Walpole, Massachuse
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