John Stewart Kennedy

John Stewart Kennedy (1830 – 1909) was an American capitalist and philanthropist.

He was born near Glasgow in Scotland, received a scant education in school, studied in his spare moments as a clerk, and at 20 was sent to America by a London iron firm, in whose branch house in Glasgow he worked for four years. Then he came again to New York and entered business with Morris K. Jessup. From this partnership he retired in 1867 and from active business in 1883, although he was still called upon after that date to aid in the reorganization of various financial concerns, notably in 1888, when he acted with J. S. Harris as receiver of the New Jersey Central Railroad. He was prominently connected during his life with New York charities, and his will gave away $30,000,000 - bequests of $2,500,000 each to Columbia University, the New York Public Library, Metropolitan Museum of Art, Presbyterian Board of Home Missions, Presbyterian Board of Foreign Missions, Presbyterian Church Erection Fund, and Presbyterian Hospital; four gifts of $1,500,000 each; three of $750,000 each; nine (to colleges) of $100, 000 each; and 10 (to colleges) of $50,000 each; besides numerous smaller gifts.

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