Margaret Anne Cargill
Margaret Anne Cargill (September 24, 1920 – August 1, 2006) was an American philanthropist and heiress to part of the Cargill fortune.
Margaret Anne Cargill | |
---|---|
Born | Los Angeles, California, US | September 24, 1920
Died | August 1, 2006 85) La Jolla, California, US | (aged
Education | University of Minnesota |
Occupation | Philanthropist |
Net worth | $1.8 billion |
Parent(s) | Austen Cargill and Anne Ray Cargill |
Relatives | W. W. Cargill (grandfather) |
Biography
Early life
Margaret Anne Cargill was born September 24, 1920, in Los Angeles, the daughter of Austen Cargill and granddaughter of W. W. Cargill.[1] She grew up in the Midwest. She earned a degree in arts education from the University of Minnesota and moved to Southern California.[2]
Philanthropy
She became one of eight heirs to the Minneapolis-based grain-trading conglomerate Cargill. Forbes magazine listed her in 2005 as the 164th richest American, with a net worth of $1.8 billion.[1][2] She was a major donor to the American Red Cross, the Nature Conservancy, the Smithsonian Institution's National Museum of the American Indian[3] and the American Swedish Institute. She gave away more than $200 million, always anonymously.[3]
She established the Anne Ray Charitable Trust[4] which provides grants for charitable[5] and educational programs[6] and scholarships.[7]
She provided that, after her death, the Margaret A. Cargill Philanthropies would use her wealth for charitable purposes.[8][5][9][10]
Death
She died from complications of chronic obstructive pulmonary disease on August 1, 2006, at her home in La Jolla, San Diego, California.[3]
References
- Dolan, Kerry A. (2014-09-29). Kroll, Luisa (ed.). "Forbes 400; #164 Mary Anne Cargill". Forbes. Retrieved 2015-01-01.
- "Margaret Anne Cargill, 85; San Diego Billionaire and Philanthropist". Los Angeles Times (2006-08-03). 2006-08-03. Retrieved 2015-01-01.
- Sullivan, Patricia (2006-08-04). "Margaret Anne Cargill, 85; Anonymous Philanthropist". Washington Post (2006-08-04). Retrieved 2015-01-01.
- "Anne Ray Charitable Trust". MAC Philanthropies. Margaret A. Cargill Philanthropies. Archived from the original on 2015-01-01. Retrieved 2015-01-01.
- Beal, Dave (2010-03-10). "'Silent philanthropist' Margaret Cargill's new foundation suddenly surfaces as Minnesota's largest" (2010-03-10). MinnPost. Retrieved 2015-01-01.
- "Appalachian Sound Archives Fellowship Program". Hutchins Library. Berea College. Retrieved 2015-01-01.
- "Anne Ray Fellowship". School for Advanced Research (SAR). SAR. Retrieved 2015-01-01.
- "The Margaret A. Cargill Foundation". MELDI; Multicultural Environmental Leadership Development Initiative. University of Michigan. Archived from the original on 2014-05-08. Retrieved 2015-01-01.
- "Our History". Margaret A. Cargill Philanthropies. Margaret A. Cargill Philanthropies.
- Chaudhuri, Saabira (2012-02-07). "Philanthropy 50: America's 10 most generous benefactors" (2012-02-07). The Guardian. Retrieved 2015-01-01.
See also
- James R. Cargill
- List of billionaires (2004)