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729:"Henry Phipps Dead. Pioneer In Steel. Former Partner Of Carnegie, Who Amassed $ 100,000,000, Succumbs At 90. Gave $ 7,000,000 To Charity. Began Career As Messenger Boy. Divided Much Of Estate Among Three Sons In 1912. Gave More Than $ 7,000,000 To Charity. An Office Boy With Carnegie. Built Fifth Avenue Mansion. Financed Model Tenements"
354:. In 1917 he had construction begun there on a thirty-nine-room Georgian mansion summer home; it was completed in 1919. He named the home 'Bonnie Blink', which is Scottish for Pretty View. After his death, the mansion and property were donated to the school district. They have been adapted for use as
558:
At his death, Phipps' estate was worth $ 3,121,810.32 (equivalent to $ 56,939,000 in 2023), according to transfer tax appraisal documents, of which $ 2,212,002 (equivalent to $ 40,345,000 in 2023) was in stocks and bonds, $ 926,679 (equivalent to $ 16,902,000 in 2023) was in properties,
281:
This was created by a merger between Phipps' Kloman & Phipps and
Cyclops Iron Company, an iron company in which the Carnegies had acquired an interest. Kloman and Phipps at first refused, but Thomas Carnegie made an offer of all the shares in Cyclops plus an additional payment of $ 50,000
747:
Henry Phipps, capitalist and philanthropist, who rose from office boy to master of a $ 100,000,000 fortune, died yesterday at his estate, Bonnie Brink, in the
Lakeville section of Great Neck, L.I., at the age of 90. On Saturday he would have been 91 years old. Mr. Phipps had retired
458:. He gave $ 1,000,000 (equivalent to $ 33,911,000 in 2023) to build tenement houses for "working people." Phipps Houses still operates to this day. Henry Phipps's great-grandson, Stuart S. Janney III, sits on its board of trustees.
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Phipps believed that those who have achieved great wealth should give back for the public good and create institutions dedicated to that purpose. He was involved with a number of philanthropic causes, the best known of which is the
1361:"GLADYS MILLS WEDS HENRY C. PHIPPS Special Train Carries New York Guests to Staatsburg for Brilliant Ceremony GIFTS VALUED AT $ 2,000,000 Bride's Father-in-Law Presents Her with House in East 85th Street — Viilagers Entertained"
710:: "Name: William Henry Phipps / Gender: Male Birth Date: 27 Mar 1825 / Baptism Date: 18 Aug 1830 / Baptism Place: Wellington, Shropshire, England / Father: Henry Phipps / Mother: Hannah", ancestry.co.uk, accessed 9 April 2021
1389:"MISS PRICE BRIDE OF HOWARD PHIPPS | Ceremony at Her Parents' Park Avenue Home Performed by Rev. Dr. Karl Reiland. | NO BRIDAL ATTENDANTS | Marriage Unites Prominent Families—Mr. Phipps Is Son of Late Noted Philanthropist"
242:. He had two older brothers: William Henry Phipps (1825-1902), and John Phipps (1833-1860); and a younger sister, Amelia Phipps (Mrs. John Walker; 1846-1887). , and , who was also friends with Carnegie and who died young.
481:
In 1872, Henry Phipps married Anne Childs
Shaffer (1850–1934), the daughter of Margaret and John Shaffer, a Pittsburgh wagon builder. Since their estate Bonnie Brink was completed in 1919, they spent their summers in
285:
For the next year, Phipps and
Carnegie went to Europe on tour, and when they returned in 1866, went to work. Phipps toiled for the next 20 years and proved a capable financier, becoming Carnegie's business partner in
1291:"DEATH TAKES WIFE OF BRADLEY MARTIN | New York Society Woman Is Victim of Appendicitis in Pasadena, Calif. | HENRY PHIPPS'S DAUGHTER | Father, Partner of Carnegie in Pioneer Steel Era, Gave Many. Millions to Charity"
691:: "Name: Henry Phipps / Gender: Male / Marriage Date: 12 Jul 1824 / Marriage Place: Saint Peter or Collegiate, Wolverhampton, Stafford, England / Spouse: Hannah Franks", ancestry.co.uk, accessed 9 April 2021
1233:"PHIPPS GIVES MILLION FOR MODEL TENEMENTS Former Associate of Carnegie Outlines His Plan. CHOOSES BOARD OF TRUSTEES Will Probably Build on Upper East Side—Playgrounds for Children Profits to Extend Work"
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Phipps began working as a young man as an office boy and later a bookkeeper with
Dillworth & Bidwell. In 1861, he became a partner in Bidwell & Phipps, which was an agent for the
1104:"HENRY PHIPPS INSTITUTE Will Be Established for Treatment of Tuberculosis. One-Time Partner of Mr. Carnegie Gives $ 1,000,000 for the Purpose — Will Be Located in Philadelphia"
396:. The Phipps family donated an ocean-to-lake property to the town of Palm Beach. This was one of the most significant gifts in county history; the property is now known as
343:, Illinois realty among his three sons. Later in the same year, he gave his sons $ 10,000,000 (equivalent to $ 315,724,000 in 2023) worth of property in Pittsburgh.
301:. It sold for $ 400 million (approx. $ 13.3 billion today), of which $ 226 million went to Carnegie himself, and $ 48 million went to Phipps.
200:. He was also a successful real estate investor. After selling his stock in Carnegie Steel, he devoted a great deal of his time and money to philanthropic works.
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notes, cash and insurance bonds, and $ 375 in jointly owned property. His wife was the sole beneficiary of his estate according to his June 1, 1915, will.
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328:(1857–1921). The Cape Cod estate was next to Aberdeen Hall (which burnt down in September 1924) and was near the estates of Andrew Carnegie,
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Six
Tycoons: The Lives of John Jacob Astor, Cornelius Vanderbilt, Andrew Carnegie, John D. Rockefeller, Henry Ford and Joseph P. Kennedy.
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in 1824 and had at least one son born while they were still in
England. William Henry Phipps was born on 27 March 1825 and baptized at
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Phipps was an advocate for decent housing for the poor. In 1905 he funded the non-profit Phipps Houses to build affordable housing in
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to manage his substantial assets. They would be shared by his children following his death (and, ultimately, that of his wife).
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Howard Phipps (1881–1981), who in 1931 married
Harriet Dyer Price, daughter of Theodore Hazeltine Price and granddaughter of
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192:(September 27, 1839 – September 22, 1930) was an American entrepreneur known for his business relationship with
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282:(equivalent to $ 995,000 in 2023). Therefore, on May 1, 1865, the new Union Iron Mills Company was formed.
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In 1912, Phipps divided $ 3,000,000 (equivalent to $ 94,717,000 in 2023) worth of real estate in
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Streetscapes/Henry Phipps and Phipps Houses; Millionaire's Effort to
Improve Housing for the Poor
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Helen
Margaret Phipps (1876–1934), who in 1904 married Bradley Martin Jr. (1873–1963) the son of
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974:"PHIPPS GIVES SONS $ 3,000,000 Transfers Chicago Real Estate to Them — Tired of Managing It"
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447:. In 1913 this supported the first inpatient facility in the United States for care of the
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1188:"PHIPPS HOUSES CHARTERED. Incorporation Bill Signed to Aid Philanthropic Dwelling Plans"
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1005:"PHIPPS BUYS AT PALM BEACH, New Yorker Will Build Three Villas There for His Family"
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In 1909, Phipps expanded his Cape Cod holdings to the entire 800- acre Great Island
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1160:"GAVE COLLEGE $ 1,000,000. Mr. and Mrs. Henry Phipps Donated Sum to Johns Hopkins"
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Cape Wind: Money, Celebrity, Class, Politics, and the Battle for Our Energy Future
860:"PHIPPS OWNS GREAT ISLAND. Now in Full Possession of Cape Cod Estate of 800 Acres"
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In 1926, Phipps bought Island Beach, New Jersey. His heirs sold it in 1953 to the
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1335:"MARTIN-PHIPPS WEDDING. Daughter of Henry Phipps Married to Bradley Martin, Jr"
1262:"MRS. HENRY PHIPPS BURIED Service Held at Westbury for Widow of Philanthropist"
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real estate. At one time, he and his family owned one-third of the town of
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609:. National Iron and Steel Publishing Company. April 25, 1910. p. 488
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The Inside History of the Carnegie Steel Company: A Romance of Millions.
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Phipps Institute for the Study, Treatment and Prevention of Tuberculosis
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The Inside History of the Carnegie Steel Company: A Romance of Millions
603:"U.S. Steel Stockholders Made Public: Judge Gary Takes Optimistic View"
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In 1865, Phipps became a partner with childhood friends and neighbors
1317:"Phipps--Grace.; Mendels--Wright. Hirsch-Dittenhoefer. Wright--Finck"
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511:(1874–1958), who in 1903 married Margarita Celia Grace, daughter of
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The family emigrated to Philadelphia by 1839. They later moved to
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766:. Pittsburgh, Pennsylvania: University of Pittsburgh Press.
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Halcyon Days: An American Family Through Three Generations
892:. Doubleday, Page, & Company. April 1908. p. 567
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that was constructed as part of an acute care hospital.
254:. He was also a partner in Kloman & Phipps, a small
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Among his many benevolent works, he also funded the
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Henry Phipps Jr. was born on September 27, 1839, in
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708:England, Select Births and Christenings, 1538-1975
369:, it is the last remaining stretch of undeveloped
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1059:"BEACHLAND IN NEW JERSEY ASKED AS NATIONAL PARK"
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486:. The couple had two daughters and three sons:
293:In 1901, Carnegie Steel Company was sold to the
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499:John Spencer-Churchill, 7th Duke of Marlborough
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336:, all friends and associates from Pittsburgh.
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356:William A. Shine Great Neck South High School
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425:, an 1893 gift to the city of Pittsburgh.
376:Phipps was one of the pioneer investors in
324:. He purchased the remaining 50 acres from
220:, and Hannah (née Franks), were married at
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939:Williams, Wendy; Whitcomb, Robert (2009).
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471:Mrs Henry Phipps and Her Grandson Winston
419:Phipps Conservatory and Botanical Gardens
297:, a newly formed organization, set up by
238:Phipps was educated at public schools in
1449:New York: The Aldine Book Company, 1903.
1046:The League of Women Voters of Great Neck
796:"Henry Phipps--The Man and His Millions"
760:Bridge, James Howard (August 21, 2014).
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388:, prime bay front property in downtown
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1522:American steel industry businesspeople
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1489:by Peggie Phipps Boegner (daughter of
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1517:American manufacturing businesspeople
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1577:20th-century American businesspeople
1572:19th-century American businesspeople
1213:Community Development | PCDC | About
1132:"Phipps Family Makes $ 500,000 Gift"
794:Griffiths, William (April 2, 1905).
689:England, Select Marriages, 1538–1973
607:Industrial World, Volume 44, Issue 1
441:The Henry Phipps Psychiatric Clinic
24:
1562:American people of English descent
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528:William Craven, 4th Earl of Craven
439:Another major project was funding
346:In 1916, he purchased property in
304:In 1907, Henry Phipps established
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1552:Philanthropists from Pennsylvania
536:(1879–1953), who in 1907 married
493:(1872–1959), who in 1905 married
373:on the central New Jersey coast.
27:American entrepreneur (1839–1930)
1582:Businesspeople from Philadelphia
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1083:The Philanthropy Hall of Fame,
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911:Zindler, Ethan (May 22, 2005).
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295:United States Steel Corporation
228:, England, on 18 August 1830.
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1557:Businesspeople from Pittsburgh
1463:New York: Penguin Press, 2006.
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1456:London: Spiramus Press, 2008.
1418:"Phipps's Estate $ 3,121,810"
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497:(1875–1937), the grandson of
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1547:American corporate directors
913:"Battling the winds of time"
659:Train, John (June 8, 1986).
240:Allegheny City, Pennsylvania
7:
1090:September 21, 2016, at the
831:Derbyshire, 2008, p. 78-79.
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840:Nasaw, D., 2006, p.580-588
434:University of Pennsylvania
412:Phipps Houses, Queens, NYC
210:Philadelphia, Pennsylvania
1493:), Richard Gachot (1987)
262:Involvement with Carnegie
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216:parents, Henry Phipps, a
196:and involvement with the
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1527:American philanthropists
661:"REJUVENATING OLD MONEY"
574:Phipps-McElveen Building
1044:"This is Great Neck", (
889:Country Life, Volume 13
712:(subscription required)
693:(subscription required)
538:Gladys Livingston Mills
484:Great Neck, Long Island
367:Island Beach State Park
352:Village of Lake Success
348:Great Neck, Long Island
318:Yarmouth, Massachusetts
1445:Bridge, James Howard.
945:. ReadHowYouWant.com.
849:Nasaw, D., 2006, p.687
704:"William Henry Phipps"
495:Frederick Edward Guest
478:
445:Johns Hopkins Hospital
413:
306:Bessemer Trust Company
288:Carnegie Steel Company
252:Du Pont Powder Company
226:Wellington, Shropshire
198:Carnegie Steel Company
1495:Harry N. Abrams, Inc.
534:Henry Carnegie Phipps
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822:Bridge, 1903, p. 23.
737:. September 23, 1930
633:The Pittsburgh Press
553:Great Neck, New York
526:, brother-in-law of
121:Board member of
1491:John Shaffer Phipps
1424:. November 13, 1932
1323:. November 5, 1903.
1168:. February 23, 1924
982:. February 25, 1912
509:John Shaffer Phipps
475:John Singer Sargent
363:State of New Jersey
138:Anne Childs Shaffer
1474:November 23, 2003
1422:The New York Times
1395:. October 23, 1931
1393:The New York Times
1369:. December 8, 1907
1366:The New York Times
1341:. November 3, 1904
1339:The New York Times
1321:The New York Times
1295:The New York Times
1268:. October 27, 1934
1266:The New York Times
1239:. January 14, 1905
1237:The New York Times
1222:. www.phippsny.org
1218:2011-09-29 at the
1192:The New York Times
1165:The New York Times
1137:The New York Times
1112:. January 10, 1903
1109:The New York Times
1063:The New York Times
1010:The New York Times
979:The New York Times
868:. January 19, 1909
865:The New York Times
800:The New York Times
665:The New York Times
579:Henry Phipps House
479:
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124:Carnegie Steel Co.
84:September 22, 1930
64:September 27, 1839
1452:Derbyshire, Wyn.
545:Alexander B. Dyer
503:Winston Churchill
473:, oil on canvas,
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18:Henry Phipps, Jr.
16:(Redirected from
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1461:Andrew Carnegie.
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334:Henry Clay Frick
330:Henry M. Flagler
276:Union Iron Mills
270:(1835–1919) and
190:Henry Phipps Jr.
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365:. Now known as
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312:Real estate
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585:References
491:Amy Phipps
382:Palm Beach
235:in 1845.
233:Pittsburgh
204:Early life
93:Great Neck
60:1839-09-27
741:March 29,
256:iron mill
218:shoemaker
174:Signature
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629:"Phipps"
563:See also
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268:Andrew
246:Career
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74:, U.S.
590:Notes
390:Miami
320:, on
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1498:ISBN
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