World Library  
Flag as Inappropriate
Email this Article
 

Catherine T. MacArthur

Catherine MacArthur
Born Catherine T. Hyland
(1908-11-23)23 November 1908
Chicago, Illinois
Died 15 December 1981(1981-12-15) (aged 73)
Singer Island, Palm Beach Shores, Florida
Occupation Philanthropist
Known for John D. and Catherine T. MacArthur Foundation
Spouse(s) John D. MacArthur

Catherine T. MacArthur (November 23, 1908 - December 15, 1981) was the wife of U.S. businessman and philanthropist John D. MacArthur and was an active participant in his businesses and philanthropies. One of the ten largest philanthropic foundations in the United States, the John D. and Catherine T. MacArthur Foundation, is named after the couple.

Contents

  • Life 1
  • Death 2
  • References 3
  • External links 4

Life

Born Catherine T. Hyland in 1908, she was one of five children of Irish immigrants on [1]

Banker's Life was the basis for John's phenomenal business success in real estate and insurance. Both the foundation and Banker’s Life official press releases state that Catherine was very involved in the success of the businesses and she appears throughout the records of MacArthur’s companies under her maiden name, C.T. Hyland, as corporate secretary or director, sometimes both.[2]

Despite their vast wealth, the MacArthur’s were known for their frugality. In 1963, when he was already one of the wealthiest men in the United States, John MacArthur purchased the Colonnades Hotel in Palm Beach Shores on Singer Island, Florida. Catherine lived with her husband in a modest apartment overlooking the parking lot, while John conducted his business from a back booth in the hotel coffee shop.[3]

When John D. MacArthur died on January 6, 1978, he was worth in excess of $1 billion and was reportedly one of the three richest men in the United States.[1] MacArthur left ninety-two percent of his estate to the John D. and Catherine T. MacArthur Foundation. The foundation’s first board of directors, by John D. MacArthur’s will, included Catherine T. MacArthur, J. Roderick MacArthur (a son from John D. MacArthur’s first marriage), three officers of Bankers Life and Casualty, and radio commentator Paul Harvey.

Death

Catherine T. MacArthur died December 15, 1981 in her Colonnades Hotel apartment.

References

  1. ^ a b c d About John D. and Catherine T. MacArthur
  2. ^ Learning to Give - John D. and Catherine T. MacArthur Foundation
  3. ^ Lowery, Fred, "Celebrity Days Remembered As Colonnades Hotel Is Razed", South Florida Sun-Sentinel, February 17, 1990

External links

  • Biography at the John D. and Catherine T. MacArthur Foundation Website
  • People’s Almanac Entry via (Trivia Library.Com)
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.