Edward T. Stotesbury Membership

Edward_T._Stotesbury.jpg
Edward_T._Stotesbury.jpg

Edward T. Stotesbury Membership

250.00

  $200 is tax-deductible

Stotesbury Membership Benefits include:

  • Invitations to Members-only events (including behind-the-scenes tours of the Mansion and grounds; special lectures; and happy hours)
  • Discounted pricing for ticketed events (excludes The Woodlands Annual Benefit)
  • Occasional exclusive after-dark access to The Woodlands
  • 2 complimentary tickets to a special event or lecture of your choice (excludes The Woodlands Annual Benefit)

 

Young Friends add-on available for members under 35 at no additional charge.

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About Edward Townsend Stotesbury (1848-1938)

Stotesbury's career as a major American investment banker began with his employment as a clerk at the large Philadelphia banking house of Drexel & Co. at the age of 17. He moved up rapidly in the company and was made a partner in 1883, also gaining a stake in the New York affiliate Drexel, Morgan & Co. (later called J.P. Morgan & Co). This partnership with J. Pierpoint Morgan led both men to important investments in American railroads and the formation of the United States Steel Corporation. By 1904 Stotesbury had become senior partner of Drexel & Co., making him a leading financier and one of the wealthiest men in Philadelphia. His palatial Chestnut Hill mansion, called Whitemarsh Hall, was designed by Horace Trumbauer and completed in 1921. Under the direction of his wife Eva, Whitemarsh Hall soon became the site of lavish parties for wealthy American businessmen and international dignitaries. Whitemarsh Hall has since been demolished, but a glimpse of this lifestyle can be seen at Stotesbury's townhouse at 19th and Walnut Streets near Rittenhouse Square, which today serves as home to the Philopatrian Literary Institute of Philadelphia. Stotesbury also served as President of The Union League of Philadelphia from 1903-1905, and again from 1922-1923.

Stotesbury is buried in Section K, Lot #5 of The Woodlands.