Introduction
Many people dream of leaving a lasting legacy, but few achieve it. However, Dorothy Hammerstein, the wife of the famous Broadway producer Oscar Hammerstein, chose to give her fortune. Her generosity towards the arts was evident throughout her lifetime, and even in death, she continued to give. But the question remains: what was the secret fortune of Dorothy Hammerstein, and what was her net worth? Let’s delve into this topic and explore her philanthropic legacy.
Who Was Dorothy Hammerstein?
Dorothy Hammerstein was a philanthropist who was passionate about promoting the arts and culture in America. She was born in New York and grew up in an affluent family. Dorothy met the famous Broadway producer Oscar Hammerstein II in 1917 while he was still married to his first wife. They fell in love and later got married in 1929. Dorothy and Oscar were together for 22 years until Oscar’s death in 1960. Throughout their marriage, Dorothy supported Oscar in his work, and together, they had two children, James and Alice.
The Secret Fortune of Dorothy Hammerstein
Dorothy’s philanthropy was evident throughout her lifetime. She gave generously to various charitable organizations, such as the American Theatre Wing and the National Music Council. However, the majority of her fortune was left to the Oscar Hammerstein II Foundation, established in honor of her late husband. The foundation’s goal was to support the arts and improve the quality of life for individuals and communities through the arts.
Dorothy’s legacy through the foundation is evident in the numerous charitable donations made to organizations such as the Juilliard School and the New York City Opera. Additionally, the foundation established the Oscar Hammerstein Award for Lifetime Achievement in Musical Theatre, which recognizes outstanding achievement in the field of musical theatre.
What Was Dorothy Hammerstein’s Net Worth?
Dorothy’s net worth is not disclosed publicly, but her estate was valued at $23 million in the early 90s. However, it is believed that the estate’s value has increased significantly since then due to appreciation of the various assets and investments. According to the Oscar Hammerstein II Foundation’s financial statements, the foundation’s total assets were approximately $66 million in 2019.
Dorothy Hammerstein’s Philanthropic Legacy
Dorothy’s love for the arts and culture was evident in her philanthropy. Her fortune supported various charitable organizations, including those promoting the arts and music education. Additionally, her legacy lived on through the Oscar Hammerstein II Foundation, which continues to make significant contributions to the arts.
FAQs
1. What was Dorothy Hammerstein’s occupation?
Dorothy was a philanthropist who supported various charitable organizations, including those promoting the arts.
2. Was Dorothy Hammerstein involved in the theatre industry?
Although she was not directly involved in the theatre industry, Dorothy supported her husband’s work as a Broadway producer and was passionate about promoting the arts.
3. What was the Oscar Hammerstein II Foundation’s primary goal?
The primary goal of the Oscar Hammerstein II Foundation was to support the arts and improve the quality of life for individuals and communities through the arts.
4. What organizations did Dorothy Hammerstein support through her philanthropy?
Dorothy supported various charitable organizations, including the American Theatre Wing, the National Music Council, the Juilliard School, and the New York City Opera.
5. What was the net worth of Dorothy Hammerstein?
Dorothy’s net worth is not publicly disclosed, but her estate was valued at $23 million in the early 90s.
6. How did the Oscar Hammerstein II Foundation continue Dorothy’s philanthropic legacy?
The Oscar Hammerstein II Foundation continued Dorothy’s philanthropic legacy by making significant contributions to the arts, supporting charitable organizations, and establishing the Oscar Hammerstein Award for Lifetime Achievement in Musical Theatre.
7. What was the Oscar Hammerstein Award for Lifetime Achievement in Musical Theatre?
The Oscar Hammerstein Award for Lifetime Achievement in Musical Theatre was a prestigious award established by the Oscar Hammerstein II Foundation to recognize outstanding achievement in the field of musical theatre.
Conclusion
Dorothy Hammerstein’s philanthropic legacy continues to live on through the Oscar Hammerstein II Foundation, which supports charitable organizations and promotes the arts. Her fortune supported various organizations promoting music education, the arts, and cultural heritage. Her passion for promoting the arts is evident through her generous philanthropy, and her legacy will continue to make significant contributions to the arts for generations to come. We should all strive to leave such a beautiful philanthropic legacy as Dorothy Hammerstein.