Captain Josiah W. Macy Jr. (c. 1837 – October 5, 1876) was an American

sea captain A sea captain, ship's captain, captain, master, or shipmaster, is a high-grade licensed mariner who holds ultimate command and responsibility of a merchant vessel.Aragon and Messner, 2001, p.3. The captain is responsible for the safe and efficie ...

and

philanthropist Philanthropy is a form of altruism that consists of "private initiatives, for the Public good (economics), public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private goo ...

Biography

Macy was born into a philanthropic family. The elder Josiah W. Macy established a shipping and commission firm in New York City, after leaving the family home in Nantucket, Massachusetts, where his family had settled during the early 17th century. Josiah Macy's sons and grandsons earned their money from an oil company that was later incorporated into the

Standard Oil Company Standard Oil Company, Inc., was an American oil production, transportation, refining, and marketing company that operated from 1870 to 1911. At its height, Standard Oil was the largest petroleum company in the world, and its success made its co-f ...

under the Rockefeller family. Macy's eldest daughter Mary K. Macy (later Willets), born in 1860, died in 1893. His daughter Catherine "Kate" Everit Macy (1863–1945) continued the Macy family's philanthropic habits throughout her entire life, and by the time of her death in 1945, the

Josiah Macy, Jr. Foundation The Josiah Macy Jr. Foundation, or Macy Foundation, is a philanthropic foundation founded in 1930 by Kate Macy Ladd (1863–1945) in honor of her father, Josiah W. Macy Jr. The current president is Holly Humphrey, MD, MACP. History Since 19 ...

had received about $19 million from her and her estate. Macy's son V. Everit Macy (1871–1930) was a prominent statesman in Westchester County, New York, and a benefactor of Teachers College, Columbia University. Macy's wife, Caroline Louisa Everett, lived from December 1838 to December 31, 1898. Josiah W. Macy Jr. died from typhoid fever at his estate in

Harrison, New York Harrison is a town in Westchester County, New York, United States, northeast of Manhattan. The population was 28,218 at the 2020 census. History Harrison was established in 1696 by a patent granted by the British government to John Harrison a ...

on October 5, 1876.The Josiah Macy Jr. Foundation
/ref> Upon his death, his thirteen-year-old daughter Kate inherited $15 million, while his five-year-old son V. Everit inherited over $20 million.

Josiah Macy Jr. Foundation

The

Josiah Macy Jr. Foundation The Josiah Macy Jr. Foundation, or Macy Foundation, is a philanthropic foundation Foundation may refer to: * Foundation (nonprofit), a type of charitable organization ** Foundation (United States law), a type of charitable organization in the U. ...

was endowed in the name of Captain Josiah W. Macy Jr. by his daughter ( Catherine "Kate" Everit Macy) in 1930. '' Time'' magazine in 1930 reportedTime Magazine 1930 Report
Content preview at https://content.time.com/time/magazine/article/0,9171,787680,00.html. that the Foundation created a fellowship "to pay the expenses of an assistant for Albert Einstein. First incumbent will be Dr. Einstein's good friend and familiar, Dr. Walter Mayer, mathematician at the University of Vienna."

References

Year of birth uncertain 1876 deaths Josiah Macy Jr. Foundation people 1837 births {{shipping-bio-stub