Wikipedia

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(1920-09-24)September 24, 1920
Los Angeles, California, U.S.
DiedAugust 1, 2006(2006-08-01) (aged 85)
La Jolla, California, U.S.
EducationUniversity of Minnesota
OccupationPhilanthropist
Parents
RelativesJames R. Cargill (brother)
FamilyCargill family

Biography

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Early life

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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

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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. The combined assets (Margaret A. Cargill Foundation and Anne Ray Foundation) place the foundation among the top ten foundations in the United States with assets in excess of USD 9.2 billion.[8][9][5][10][11]

Death

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She died from complications of chronic obstructive pulmonary disease on August 1, 2006, at her home in La Jolla, San Diego, California.[3]

See also

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References

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  1. ^ a b Dolan, Kerry A. (2014-09-29). Kroll, Luisa (ed.). "Forbes 400; #164 Mary Anne Cargill". Forbes. Retrieved 2015-01-01.
  2. ^ a b "Margaret Anne Cargill, 85; San Diego Billionaire and Philanthropist". Los Angeles Times. No. 2006–08–03. 2006-08-03. Retrieved 2015-01-01.
  3. ^ a b c Sullivan, Patricia (2006-08-04). "Margaret Anne Cargill, 85; Anonymous Philanthropist". Washington Post. No. 2006–08–04. Retrieved 2015-01-01.
  4. ^ "Anne Ray Charitable Trust". MAC Philanthropies. Margaret A. Cargill Philanthropies. Archived from the original on 2015-01-01. Retrieved 2015-01-01.
  5. ^ a b Beal, Dave (2010-03-10). "'Silent philanthropist' Margaret Cargill's new foundation suddenly surfaces as Minnesota's largest". No. 2010–03–10. MinnPost. Retrieved 2015-01-01.
  6. ^ "Appalachian Sound Archives Fellowship Program". Hutchins Library. Berea College. Retrieved 2015-01-01.
  7. ^ "Anne Ray Fellowship". School for Advanced Research (SAR). SAR. Retrieved 2015-01-01.
  8. ^ "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.
  9. ^ "Financials". Margaret A. Cargill Philanthropies. Retrieved 2023-04-06.
  10. ^ "Our History". Margaret A. Cargill Philanthropies.
  11. ^ Chaudhuri, Saabira (2012-02-07). "Philanthropy 50: America's 10 most generous benefactors". The Guardian. No. 2012–02–07. Retrieved 2015-01-01.
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