Case #1565.0

Women in Philanthropy: Mrs. Russell Sage (Margaret Olivia Slocum)

Publication Date: January 01, 2000
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Abstract:
This collection of cases written for the Hauser Center on Nonprofit Management provide essential histories of the lives and philanthropic motivations and choices of some of the most significant women philanthropists in American history. They provide useful material for those looking to enliven historical philanthropy courses with biographical materials. At the same time, they serve as points of comparison for understanding contemporary philanthropy. As the daughter of a well-off merchant, Margaret Olivia Slocum was able to take advantage of the best education that Troy, New York had to offer. After finishing school, she entered the field of teaching to pursue her goal of reforming and strengthening the state of education, especially for young girls. Her early interest in reform and community service was somewhat stunted when she married millionaire and financier, Russell Sage. With little desire to help those who were "not helping themselves," Russell did not see philanthropy as a wise venue for his fortune. After Russell Sage's death in 1907, she took the tremendous fortune left to her and channeled themoney and her energy into those causes she saw most pressing. Dedicated to social betterment, she founding the Russell Sage Foundation with a considerable portion of her husband's money. Although named in the memory of her husband, the Foundation remains strong today due to the philanthropic vision and dedication of Mrs. Russell Sage.

Other Details

Teaching Plan:
Available with Educator Access
Case Author:
Christine Mulhearn
Faculty Lead:
Christine Letts
Pages (incl. exhibits):
6
Setting:
United States
Language:
English
Funding Source:
Hauser Center for Nonprofit Organizations