Who Was Catherine T. MacArthur?
May 01, 2013
Catherine T. MacArthur was a businesswoman who, with her husband, John D. MacArthur, grew a couple of small businesses into successful industry leaders that made them some of America’s wealthiest citizens.
According to the John D. and Catherine T. MacArthur Foundation website, Chicago native C. T. Hyland married John D. MacArthur, a young man making his way in the business world selling insurance. She worked at John’s brother’s insurance agency. After they married, he was the face of their businesses, and she worked behind the scenes to build them, as acknowledged by her husband. In the 1950s, they moved to Florida where John invested in real estate, eventually owning 100,000 acres there. Their frugal lifestyle was well-known—they bought a hotel on Singer Island (FL) and lived in a small apartment overlooking the parking lot!
Catherine T. served as corporate secretary, director, or in both roles in various companies owned by the couple. The foundation that bears her name began with assets of $1 billion. It has awarded 7100 grants and more than $3.8 billion, according to its website. She served on the foundation’s board of directors with John MacArthur’s son, Roderick, and radio’s Paul Harvey.
Yes, you can find information on the MacArthurs on Wikipedia, but I found this information on the John D. and Catherine T. MacArthur Foundation website.
What a life of effort and legacy of service!
Blue Ridge Branch