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703:
611:
42:
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million. She decided to leave
Montreal and bought an apartment in Halifax, which she intended to make her Canadian home. She visited Halifax in May 1965, consulting with the architects and the hospital's board of directors. She also met with the president of Dalhousie University, which she intended
327:
featured her in an article about "The
Richest Women in the World". She lived on the income from her estate, considering the capital to be held "in trust", to be passed on "for the benefit of the country". She and her husband had discussed who should benefit from their wealth. He wanted it to go to
331:
In the early 1960s, she gave two
Canadian institutions anonymous donations of $ 4,250,000 each. One was to the Canada Council, stipulating that the interest should be used to finance "advanced study or research in medicine, science and engineering by Canadians in Canada", while the other was to
279:
Killam considered his wife to have "the best business brain of any woman he ever met", and discussed his business affairs with her throughout their married life. In 1954 Killam, in failing health, retired as president of Royal
Securities and sold the company to his senior staff. He died at his
328:
Canadian, and especially Nova
Scotian, institutions, and universities. He was, however, against "putting money he had made into buildings, into capital expenditures". She was careful to respect his wishes both in the donations she made during her lifetime and in her will.
437:
to help in the building of Canada's future by encouraging advanced study... to increase the scientific and scholastic attainments of
Canadians, to develop and expand the work of Canadian universities, and to promote understanding between Canadians and peoples of other
396:
Despite her husband's reluctance to fund capital projects, Dorothy Killam wanted to build a memorial in his name. In 1964 she was solicited for a major contribution to the building of a new children's hospital in
Halifax. She first pledged $ 75,000, but soon offered $
149:. When he died in 1955 she inherited his fortune and continued to build it until her own death 10 years later. She engaged in philanthropic activity during her lifetime and left her estate to a number of Canadian educational and research institutions.
316:
Dorothy Killam made tens of millions of dollars by selling the shares she had inherited in her late husband's companies. She continued to increase her fortune, investing heavily in short term bonds. She once bought up a whole issue of Nova Scotia
217:
in 1919. He suffered serious financial losses in 1921, but recovered his fortune within a few years and went on to become extremely wealthy, with major interests in pulp and paper and electric power companies, among many others.
625:
478:
million to the Canada
Council "to establish a fund to provide income for a new program of assistance to advanced research". As of 2021, more than 7800 scholars and researchers have benefited from Killam Trust awards.
264:. In the 1940s the Killams started spending more time in New York due to Killam's business interests, and Dorothy Killam became a supporter of the Dodgers, attending home games at
193:, and returned with his family to St. Louis. By 1915 he was described as a "millionaire St. Louis banker", and was said to be considering running for the United States Senate.
373:
After her husband's death, she kept the house in
Montreal, the two houses in Nassau, and the New York apartment. In 1963, after several summers visiting friends on the
161:. Her father, John Thomas Morris Johnston, was a wealthy banker, and her mother was the former Florence Brooks. At the age of 19 her father opened a store in
418:
million. Aside from some personal bequests, which were subject to estate taxes, her fortune was left to institutions and was not subject to tax. She left $ 8
351:, which was to be a third baseball major league. In 1960 she dropped out of the consortium, reportedly for tax reasons related to her Canadian citizenship.
903:
931:
463:
221:
The
Killams, who had no children, lived primarily in Montreal, where Royal Securities was headquartered. They also had two winter homes in
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951:
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Forever Blue: The True Story of Walter O'Malley, Baseball's Most Controversial Owner, and the Dodgers of Brooklyn and Los Angeles
936:
288:
million (equivalent to $ 924.77 million in 2023). Approximately half of this amount went to the Canadian government as
165:
and eight years later established a bank, of which he became president, in the town. He later spent several years as a
667:
517:
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In June 1959 she was revealed to be one of the three principal backers of the New York franchise in the proposed
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683:
570:
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229:. Dorothy Killam collected jewelry and was particularly fond of diamonds. Her collection included the 90-carat
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Canada's Mystery Man of High Finance: The Story of Izaak Walton Killam and his Glittering Wife Dorothy
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million toward the construction of the children's hospital in Halifax, which opened in 1970 as the
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Association. She was also a benefactress of the company, financing its new productions of
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on 5 August 1955. He did not leave a will and his wife inherited his entire estate of $ 83
8:
366:
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59:
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in 1921. They were married in St. Louis on 5 April 1922. Killam had been president of
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430:
423:
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Dorothy Killam died at Villa Leopolda on 27 July 1965, leaving an estate worth $ 93
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268:. She was so enthusiastic about the team that she offered to buy it from its owner
173:
of a church in St. Louis from 1897 to 1907. He then became a history professor at
390:
318:
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Dorothy Johnston met Izaak Walton Killam at a party when she visited a friend in
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Dorothy Ruth Brooks Johnston; 1900 – 26 July 1965) was an American-born Canadian
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386:
378:
374:
305:
210:
186:
915:
360:
234:
341:
265:
142:
296:, who died less than six months later. The combined tax windfall of $ 85
866:
805:
41:
508:
Women who Give Away Millions: Portraits of Canadian Philanthropists
245:
202:
166:
354:
In April 1960 Dorothy Killam became a member of the board of the
169:
minister, while remaining president of the Ashland bank. He was
170:
898:
830:
893:
292:. The government realized a similar sum from the estate of
626:"$ 4 Million jewel collection of Mrs. Dorothy Killam sold"
233:
diamond. In 1967, after her death, the American jeweler
344:
degree in 1962, had already received nearly $ 400,000.
237:
purchased her collection of diamonds and pearls for $ 4
340:. Dalhousie University, which awarded her an honorary
304:
million from the government, was used to launch the
655:
505:
684:"Hope to get third major league operating in '61"
157:Dorothy Ruth Brooks Johnston was born in 1900 in
913:
717:"Delay looms on Buffalo entry into third league"
676:
252:and after her marriage, she became a fan of the
851:"Canada Council gets bequest of $ 12,000,000".
904:"Dorothy Killam's new hospital": excerpt from
653:
690:. Oswego, New York. 19 June 1959. p. 11
464:Montreal Neurological Institute and Hospital
753:. New York, N.Y. 21 April 1960. p. 23.
723:. Troy, New York. 10 March 1960. p. 41
429:Her will provided for the establishment of
806:"The Izaak Walton Killam Hospital is born"
709:
647:
499:
497:
495:
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276:million, but he did not accept the offer.
40:
844:
424:Izaak Walton Killam Hospital for Children
145:. She was the wife of Canadian financier
790:"Mrs. Izaac Killam, Financier's Widow".
617:
248:fan. In St. Louis she had supported the
742:
488:
14:
914:
749:"Met Opera Board Lists 10 New Aides".
623:
585:
556:
503:
932:20th-century American philanthropists
783:
769:Metropolitan Opera House: 02/21/1963"
624:Farmer, G. Robert (5 December 1967).
586:Turner, Ralph H. (21 February 1915).
554:
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544:
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536:
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70:July 26, 1965 (aged 64–65)
27:American-born Canadian philanthropist
225:and an apartment on New York City's
152:
855:. Toronto. 6 June 1966. p. 12.
662:. New York, N.Y.: Riverhead Books.
565:. Hantsport, N.S.: Lancelot Press.
560:
24:
977:20th-century women philanthropists
533:
442:Dalhousie University received $ 30
401:million, later raising that to $ 5
25:
988:
887:
734:
701:
609:
474:million. She left a further $ 12
300:million, with an additional $ 15
859:
823:
798:
594:. Columbia, Missouri. p. 3
588:"Ashland and its Favorite Sons"
209:since 1915, and had bought the
967:Canadian women philanthropists
957:Canadian expatriates in France
952:American women philanthropists
942:American expatriates in France
794:. New York, N.Y. 28 July 1965.
757:
579:
448:University of British Columbia
244:Dorothy Killam was a lifelong
115:for higher education in Canada
13:
1:
899:The IWK Health Centre website
867:"Overview - Killam Laureates"
771:. archives.metoperafamily.org
482:
937:American emigrants to Canada
810:IWK Health Centre - About Us
406:to benefit from her estate.
311:
53:Dorothy Ruth Brooks Johnston
7:
731:– via Newspapers.com.
698:– via Newspapers.com.
654:D'Antonio, Michael (2009).
512:. Toronto: Hounslow Press.
433:, whose stated purpose was
260:, the top farm team of the
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10:
993:
462:million respectively. The
181:. He established banks in
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119:
107:
99:
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81:
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39:
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894:The Killam Trust website
906:IWK:A Century of Caring
688:Oswego Palladium-Times
592:The Evening Missourian
440:
308:for the Arts in 1957.
175:William Jewell College
972:People from St. Louis
635:. Watertown, New York
633:Watertown Daily Times
561:How, Douglas (1986).
504:Nowell, Iris (1996).
452:University of Alberta
435:
321:. In August 1960 the
183:Kansas City, Missouri
383:Villefranche-sur-Mer
377:, she purchased the
338:Halifax, Nova Scotia
334:Dalhousie University
324:Ladies' Home Journal
280:fishing camp on the
254:International League
86:Halifax, Nova Scotia
74:Villefranche-sur-Mer
962:Canadian socialites
947:American socialites
446:million, while the
367:Lucia di Lammermoor
159:St. Louis, Missouri
147:Izaak Walton Killam
124:Izaak Walton Killam
60:St. Louis, Missouri
853:The Globe and Mail
831:"Killam Laureates"
356:Metropolitan Opera
349:Continental League
231:Briolette of India
191:Muskogee, Oklahoma
765:"New production:
468:McGill University
431:the Killam Trusts
179:Liberty, Missouri
163:Ashland, Missouri
153:Family background
133:Dorothy J. Killam
130:
129:
126:(1922–1955)
113:the Killam Trusts
111:Establishment of
34:Dorothy J. Killam
16:(Redirected from
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458:million and $ 16
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445:
421:
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319:government bonds
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299:
287:
282:Cascapédia River
275:
262:Brooklyn Dodgers
250:St. Louis Browns
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207:Royal Securities
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44:
30:
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21:
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454:were given $ 14
443:
419:
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412:
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391:Marella Agnelli
314:
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285:
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270:Walter O'Malley
258:Montreal Royals
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227:Upper East Side
223:Nassau, Bahamas
199:
155:
77:
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62:
57:
55:
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35:
28:
23:
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12:
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5:
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604:Newspapers.com
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379:Villa Leopolda
375:French Riviera
342:Doctor of Laws
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306:Canada Council
294:Sir James Dunn
211:brokerage firm
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187:Denison, Texas
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143:philanthropist
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108:Known for
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103:Philanthropist
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834:. Retrieved
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637:. Retrieved
632:
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602:– via
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523:. Retrieved
507:
470:received $ 4
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428:
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364:in 1963 and
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266:Ebbets Field
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927:1965 deaths
922:1900 births
876:28 February
815:28 February
92:Nationality
916:Categories
572:088999305X
483:References
438:countries.
290:estate tax
215:Max Aitken
100:Occupation
370:in 1964.
312:Widowhood
241:million.
836:23 April
775:23 April
727:23 April
694:23 April
639:22 April
598:22 April
525:22 April
450:and the
246:baseball
203:Montreal
197:Marriage
95:Canadian
76:, France
272:for $ 5
167:Baptist
666:
569:
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410:Legacy
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387:Gianni
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189:, and
171:pastor
120:Spouse
629:(PDF)
385:from
213:from
878:2022
838:2015
817:2022
777:2015
729:2015
696:2015
664:ISBN
641:2015
600:2015
567:ISBN
527:2015
514:ISBN
389:and
67:Died
56:1900
49:Born
466:at
381:in
336:in
256:'s
177:in
138:née
918::
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