BANKING HEIRESS FORSAKES WEALTH, Devotes Her Life to Helping Underprivileged Minorities


Twenty million dollars.  That’s how much St. Katharine Drexel donated to the education and care of the poor.The young Philadelphia heiress—raised by her father, banking magnate Frederick Drexel, and her stepmother Emma Bouvier—had more money than most people can imagine.  She was well educated, and had traveled widely throughout the United States and Europe.  Her parents were devout Catholics who instilled in their children a great generosity, and a conviction that their wealth was simply loa … [Read more...]