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In 1918, Anna Harkness founded the Commonwealth Fund with the mandate that it should “do something for the welfare of mankind.”. Among the first women to establish a foundation, Anna initially endowed the foundation with a gift of nearly $10 million. The Fund’s first president was her son, Edward Stephen Harkness, who was committed to ...
Daniel M. Harkness (half-brother) Henry Flagler (stepmother’s son) Stephen Vanderburgh Harkness (November 18, 1818 – March 6, 1888) was an American businessman based in Cleveland, Ohio. He invested as a silent partner with John D. Rockefeller, Sr. in the founding of Standard Oil and served as a director of Standard Oil until his death.
Feb 17, 2024 · Anna Harkness founded The Commonwealth Fund in 1918. The fund's first president was her son, Edward Stephen Harkness, who shared his mother's commitment to building a responsive and socially concerned philanthropy and who, over the years, gave generously to the fund's endowment Hide
The Commonwealth Fund, one of the first foundations to be established by a woman, was founded in 1918 with an endowment of almost $10 million by Anna M. Harkness. The widow of Stephen V. Harkness, a principal investor in Standard Oil, Harkness wanted to "do something for the welfare of mankind." Harkness's son, Edward Stephen Harkness, became ...
6 days ago · The Commonwealth Fund, one of the first foundations to be established by a woman, was founded in 1918 with an endowment of almost $10 million by Anna M. Harkness. The widow of Stephen V. Harkness, a principal investor in Standard Oil, Mrs. Harkness wanted to “do something for the welfare of mankind.”. Currently, the fund has assets of ...
Commonwealth Fund, foundation established (1918) by Anna M. Harkness, wife of Stephen V. Harkness, an early Standard Oil investor, "for the welfare of mankind." Its headquarters are in New York City. In 1998 its assets were estimated at over $536 million, and it dispensed nearly $23 million.
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Her giving increased when her husband, Stephen V. Harkness, died in 1888, leaving her a $50 million estate — mostly shares of Standard Oil Company stock. She moved to New York City in 1891 and expanded her giving to medical, social welfare, religious, educational, and cultural institutions.
