Margaret Anne Cargill

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Margaret Anne Cargill
Margaretannecargill.jpg
Born September 24, 1920
Los Angeles, California
Died August 1, 2006
La Jolla, California
Cause of death
chronic obstructive pulmonary disease
Education University of Minnesota
Occupation Philanthropist
Relatives W. W. Cargill (grandfather)

Margaret Anne Cargill (September 24, 1920 – August 1, 2006) was an American philanthropist and heiress to part of the Cargill fortune.

Biography[edit]

Early life[edit]

Margaret Anne Cargill was born September 24, 1920, in Los Angeles, the 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[edit]

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, and 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 Foundation would use her wealth for charitable purposes.[8][9][10] In 2011, her assets were finally liquidated, forming a $6 billion donation to the Anne Ray Charitable Trust and Margaret A Cargill Foundation.[11]

Death[edit]

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

References[edit]

See also[edit]