Spencer Trask (September 18, 1844 – December 31, 1909) was an American financier, philanthropist, and venture capitalist. Beginning in the 1870s, Trask began investing and supporting entrepreneurs, including Thomas Edison's invention of the electric light bulb and his electricity network. In 1896 he reorganized the New York Times, becoming its majority shareholder and chairman.
Along with his financial acumen, Trask was a generous philanthropist, a leading patron of the arts, a strong supporter of education, and a champion of humanitarian causes. His gifts to his alma mater, Princeton University, set a lecture series in his name that still continues to this day. He was also an initial trustee of the Teachers' College (now Teachers College, Columbia University) and St. Stephen's College.
Read more about Spencer Trask: Biography
Famous quotes containing the word spencer:
“Whether in the bringing of the flowers or the food
She offers plenty, and is part of plenty,
And whether I see her stooping, or leaning with the flowers,
What she does is ages old, and she is not simply,
No, but lovely in that way.”
—Bernard Spencer (1909–1963)