Charles A. Dana (philanthropist)


Charles Anderson Dana was an American businessman, politician and philanthropist who founded the Dana Foundation and the Dana Corporation.

Life

Dana was born in the Gramercy Park neighborhood of New York City on April 25, 1881. He was a son of Laura Dana and Charles Dana, a businessman and philanthropist originally from Brandon, Vermont, who established the first bank in Hawaii and worked with the Vanderbilt family until his retirement. He was a nephew and namesake of Charles Anderson Dana, the editor and part owner of The New York Sun.
He received a B.A. degree from Columbia University followed by a law degree from Columbia Law School.

Career

After his admission to the bar, he became a prosecutor with the New York District Attorney’s Office. Dana first gained publicity for his work as assistant prosecutor under William T. Jerome during the trial of Harry Kendall Thaw, the murderer of architect Stanford White in 1907. He later became a member of the law firm of Dana, Gilford and Gallatin.

Political career

Dana was a member of the New York State Assembly in 1910 and 1912. Dana allied himself with Governor Charles Evans Hughes and Theodore Roosevelt, eventually managing one of Roosevelt's campaigns.

Business career

In 1914, Dana entered the business world, leading the Spicer Manufacturing for more than half a century and established the Dana Corporation in 1946. While representing a company that owned rights to the universal joint, the device that essentially replaced belts and chains and linked the power of an automobile engine to the rear wheels of a car, he recognized its growth potential and bought 80% of the company. He also served as an officer or director of more than twenty companies, Empire Trust Company, Manufacturers Trust, the Fisk Rubber Corporation and several companies in England.

Personal life

In April 1912, he was married to his first wife, Agnes Ladson, daughter of Charles T. Ladson of Atlanta. Her sister, Mrs. Frank Adair, was matron of honor and his friend, Samuel Gilford, was best man. Before their divorce in April 1938, they were the parents of two children:
His second marriage was to Eleanor Stafford in Texas in August 1940. Eleanor, a daughter of W. H. Naylor of Carthage, Texas, was previously married to David Tarlton Stafford. Together, they were the parents of two sons and two daughters, including:
Dana died on November 27, 1975 at Wilton, Connecticut and was buried at Pine Hill Cemetery in Brandon, Vermont. His widow died at the New York Hospital-Cornell Medical Center, after a long illness, in 1982.

Legacy and philanthropy

He was inducted into the Automotive Hall of Fame in 1978. After acquiring a sizable fortune, Dana began donating large sums to hospitals and small universities, including Skidmore College, Middlebury College, Bates College, Colby College, Davidson College, and Tufts University.
In 1950 Dana founded the Dana Foundation, which originally focused on higher education, later focusing on brain science and other scientific research on human health. The foundation's support for the Sidney Farber Cancer Institute resulted in it being renamed the Dana-Farber Cancer Institute in 1983.