Margaret Olivia Slocum Sage

Margaret Olivia Slocum Sage

Margaret Olivia Slocum Sage, known as Olivia Sage (8 September 1828-4 November 1918), was an American philanthropist known for her contributions to education and progressive causes. In 1869 she married the robber baron Russell Sage as his second wife. At his death in 1906, she inherited a fortune estimated at more than $50,000,000, to be used at her discretion.

A former teacher, Sage strongly supported education, both with program and building grants to Syracuse and other universities. She established the Russell Sage Foundation in 1907 and founded Russell Sage College in 1916, as well as endowing programs for women.