Overview
Edward Stephen Harkness (January 22, 1874 – January 29, 1940) was an American philanthropist. Given privately and through his family's Commonwealth Fund, Harkness' gifts to private hospitals, art museums, and educational institutions in the Northeastern United States were among the largest of the early twentieth century. He was a major benefactor to Columbia University, Yale University, Harvard University, Phillips Exeter Academy, St. Paul's School, the Metropolitan Museum of Art, and the University of St Andrews in Scotland. He was elected a member of the American Philosophical Society in 1934.
Harkness inherited his fortune from his father, Stephen V. Harkness, whose wealth was established by an early investment in Standard Oil, and his brother, Charles W. Harkness. In 1918, he was ranked the 6th-richest person in the United States by Forbes magazine's first "Rich List", behind John D. Rockefeller, Henry Clay Frick, Andrew Carnegie, George Fisher Baker, and William Rockefeller.
Biography
Edward ("Ned") Harkness was born in Cleveland, Ohio, one of four sons of Anna M. Harkness and Stephen V. Harkness, a harness-maker who invested in and was one of the five founding partners in the forerunner of Standard Oil, John D. Rockefeller's oil company. Stephen Harkness died when Edward was fourteen, leaving his wife and oldest son, Charles, to manage the estate. Harkness attended St. Paul's School and Yale College, Class of 1897 and Columbia Law School. Harkness, his brother Charles, and cousin William were members of Wolf's Head Society at Yale. While at Yale, Ned enlisted the assistance of Henry Sloane Coffin as a tutor. Ned and Henry became friends and they roomed together at Yale. Henry later became the pastor of Madison Avenue Presbyterian Church just blocks away from Ned and Mary's home at 1 East 75th Street in New York. Also, Henry's brother William Sloane Coffin Sr. was the president of the Metropolitan Museum of Art from 1931–1933. Ned had already been heavily involved with the Metropolitan Museum of Art as a trustee and major donor.
After graduating, Edward Harkness married Mary Stillman, daughter of wealthy New York attorney Thomas E. Stillman, in 1904. Mary's maternal grandfather was Thomas S. Greenman, a shipbuilder in Mystic, Connecticut, who co-founded George Greenman & Co shipyard. (This is now part of the Mystic Seaport Museum).
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