Margaret Olivia Slocum Sage | |
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Born | Margaret Olivia Slocum September 8, 1828 |
Died | November 4, 1918 New York City, New York, U.S. | (aged 90)
Education | Troy Female Seminary |
Known for | Founding Russell Sage College |
Spouse | |
Parent(s) | Joseph Slocum Margaret Pierson Jermain |
Relatives | John Jermain (grandfather) |
Margaret Olivia Slocum Sage, known as Olivia Sage (September 8, 1828 – November 4, 1918), was an American philanthropist known for her contributions to education and progressive causes. In 1869 she became the second wife of industrialist Russell Sage. At his death in 1906, she inherited a fortune estimated at more than $63,000,000, to be used at her discretion.[1]: 164
A former teacher, Sage strongly supported education, both with program and building grants to Syracuse and other universities. She established the Russell Sage Foundation in 1907 and founded Russell Sage College in 1916, as well as endowing programs for women.[not verified in body]