Sage, Margaret Olivia Slocum
- Sage, Margaret Olivia Slocum
▪ American philanthropist
née Margaret Olivia Slocum
born Sept. 8, 1828, Syracuse, N.Y., U.S.
died Nov. 4, 1918, New York, N.Y.
American philanthropist whose exceptional generosity in her lifetime, especially to numerous educational and social causes, is continued by the Russell Sage Foundation, which she established.
Margaret Slocum graduated from the Troy (New York
) Female Seminary (Troy Female Seminary
) (now the Emma Willard School) in 1847, and over the next 22 years she taught school occasionally as her health permitted. In 1869 she married the widower Russell B. Sage (Sage, Russell
), a businessman who had built a fortune from wholesale groceries, banking
, and railroad finance. Russell Sage's underwriting of the education of 40 Native American children, his gift of a dormitory to the Troy Female Seminary, and his gift of $50,000 to the Woman's Hospital of New York were generally attributed to her influence, as he was not otherwise known for philanthropy. At his death in 1906 his wife was left with an estate valued in excess of $63 million.
Margaret Sage quickly set about becoming one of the foremost philanthropists of the day, demonstrating her long-held belief that women were the moral superiors of men and were primarily responsible for the moral progress of civilization. In 1907 she established the Russell Sage Foundation with an endowment of $10 million. The foundation's broadly stated purpose was to foster improved social and living conditions in the United States, and the trustees were given virtually unrestricted authority in the use of its money. At the time, her gift was the largest single act of philanthropy in history. In 1910 she built a new campus for the Emma Willard School, and in 1916, acting with the help of Eliza Kellas (Kellas, Eliza
), she converted the old campus into Russell Sage College, devoted to the vocational education of women; the college was eventually the recipient of $1 million in gifts from her. She gave other gifts to Harvard and Yale universities, the Young Men's Christian Association and the Young Women's Christian Association, the American Seaman's Friend Society, various museums, and the Russell Sage Institute of Pathology of the New York City Hospital. The will she left on her death in 1918 made many major bequests. Her total philanthropy in life and death was estimated at $75 million to $80 million.
* * *
Look at other dictionaries:
Margaret Olivia Slocum Sage — Margaret Olivia Sage in 1910 Margaret Olivia Slocum Sage (8 September 1828 4 November 1918) was an American philanthropist. Upon the death of her husband Russell Sage she received a fortune estimated at more than $50,000,000, to be used as she… … Wikipedia
Sage, Russell — born Aug. 4, 1816, Shenandoah, N.Y., U.S. died July 22, 1906, Lawrence Beach, N.Y. U.S. financier. He worked as an errand boy, studying arithmetic and bookkeeping in his spare time, and in 1839 he started a wholesale grocery business, which… … Universalium
Margaret (name) — Margaret Margaret the Virgin is one of many saints named Margaret. Gender female Origin Word/Na … Wikipedia
Sage — or SAGE can refer to one of the following:Plants, Salvia officinalis . ] *Any of a number of ornamental and medicinal plants in three genera of the mint family, Lamiaceae: ** Salvia , a large genus ***Common sage, a small evergreen subshrub used… … Wikipedia
Sage (Begriffsklärung) — Sage steht für: Sage, eine Literaturgattung Ateliers P. Sage, ehemaliger französischer Automobilhersteller Sage (Computeralgebrasystem), eine freie Software für Computeralgebra Sage Derby eine Käsesorte Sage Group, ein britisches Software… … Deutsch Wikipedia
Russell Sage — (4 August 1816 22 July 1906) was a financier and politician from New York, United States.Sage was born at Verona in Oneida County, New York. He received a public school education and worked as a farm hand until he was 15, when he became an errand … Wikipedia
Russell Sage College — (often Russell Sage or RSC) is a women s college located in Troy, New York, approximately convert|150|mi|km north of New York City in the Capital District. It is one of the three colleges that make up The Sage Colleges. It enrolls approximately… … Wikipedia
The Sage Colleges — For Sage College in Ithaca, New York, please see Cornell University. The Sage Colleges is a private educational institution comprising three colleges in New York: Russell Sage College, a women s college in Troy, New York, Sage College of Albany,… … Wikipedia
Russell Sage Foundation — The Russell Sage Foundation is a small foundation located in New York City that is devoted exclusively to research in the social sciences. The foundation is a research center and a funding source for studies by scholars at other institutions, and … Wikipedia
Warner, Susan Bogert; and Warner, Anna Bartlett — ▪ American authors Respectively, born July 11, 1819, New York, N.Y., U.S. died March 17, 1885, Highland Falls, N.Y. born Aug. 31, 1827, New York City died Jan. 22, 1915, Highland Falls American writers who, together and individually,… … Universalium