Frances L. Loeb, who with her husband John L. Loeb '24 donated $70.5 million to Harvard about a year ago, died Friday at the age of 89.
Frances Loeb maintained a lifetime of philanthropy, and was a benefactor of Barnard College, the Loeb Student Center at New York University, the Frances Lehman Loeb Art Center at Vassar College, Central Park in New York City and Lewisohn Stadium.
The New York Times quoted her as saying in reference to one of her donations, "One thing I had in my mind, I'm never going to be the richest person in the cemetery."
The pledge she made with her husband to Harvard in March of 1995 is the ninth largest in the history of higher education.
Harvard College is the largest beneficiary of the money, receiving $39.2 million, most of which will be used to endow six new professorships and add to the endowment of 15 junior faculty positions the Loebs endowed in 1982.
The remainder of the money will go to the Graduate School of Design, the School of Public Health, the Loeb Drama Center and Memorial Church.
The timing of when Harvard will actually receive the money is uncertain because John Loeb set aside part of his estate as a deferred gift.
Frances Loeb was a trustee of Vassar and Cornell University and an overseer of the New York Hospital-Cornell Medical Center.
She is survived by her husband John and their five children.
Read more in News
Hanging Tight on Thomson's IslandRecommended Articles
-
Harvard Will Name Loehs As Permanent Dudley MastersHarvard has decided to appoint Arthur L. Locb, Senior Lecturer on Visual and Environmental Studies, and his wife Lotje as
-
Loeb Family Pledges $75 Million to UniversityThe University announced today that the Loeb family has made a $70.5 million gift, the largest donation to Harvard ever
-
DARTBOARDLOEB HOUSE HO! d An oft-quoted question of Shakespeare's takes on special meaning with respect to Harvard buildings. The inevitable
-
Professor, Architect Arthur Loeb Remembered by Colleagues and FriendsMore than 100 friends, colleagues and former students of Arthur L. Loeb filled University Lutheran Church Saturday afternoon to remember
-
Harvard Today: February 20, 2014
-
50 Years After "Big Bang" Theory, Experts Discuss Universe's Origins, FutureTo commemorate the 50th anniversary of research validating the "big bang," experts from Harvard and elsewhere spoke Thursday.