Charles Millard Pratt
Charles Millard Pratt | |
|---|---|
| Born | Template:Birth date Brooklyn, New York, U.S. |
| Died | November 27, 1935 (aged 80) |
| Occupation(s) | Oil industry executive, educator, philanthropist |
| Known for | President of Charles Pratt and Company; Director of Standard Oil; President of Pratt Institute; philanthropy to educational institutions |
Charles Millard Pratt (November 2, 1855 – November 27, 1935) was a prominent American figure in the oil industry, as well as an educator and benefactor. As the eldest child of industrialist Charles Pratt, he commenced his career at Charles Pratt and Company in 1875 and ultimately rose to the position of president. Additionally, he held a directorship at the Standard Oil Company and later assumed the presidency of the Pratt Institute located in Brooklyn. Renowned for his philanthropy, Pratt made generous contributions to several educational institutions, including Vassar College and Amherst College.
Early life and education
Born on November 2, 1855, in Brooklyn, Pratt was raised on the family estate situated at 232 Clinton Avenue in the Clinton Hill neighborhood. He was the firstborn son of industrialist Charles Pratt and Lydia A. Richardson. Following his father’s remarriage to Mary Richardson, Charles gained five younger half-brothers—Frederic B. Pratt, George Dupont Pratt, Herbert L. Pratt, John Teele Pratt, and Harold I. Pratt—along with one half-sister.
Pratt completed his studies at Adelphi Academy in 1875 and graduated from Amherst College in 1879. By the year 1880, at age 24, he resided with his six younger siblings at the family estate.
Career
Pratt embarked on his professional journey in 1875 at the family’s financial enterprise, Charles Pratt & Co, where he eventually advanced to president. He became affiliated with Standard Oil in 1879, holding positions as director and secretary between 1899 and 1911, and serving as treasurer from 1908 to 1911. He also led the Pratt Institute in Brooklyn as its president and played a key role in enhancing its financial foundation.
His executive experience extended to serving as vice president of the Long Island Rail Road, along with board memberships at various organizations including Brooklyn City Railroad, American Express, United States Mortgage and Trust Company, Atlantic Mutual Insurance Company, The Thrift, Union Mortgage Company, Chelsea Fibre Mills, Hoagland Laboratories, Pratt & Lambert, and Self-Winding Clock Company.
In May 1923, a ruling by the Kings County Supreme Court declared Pratt unable to handle his business responsibilities due to cognitive decline associated with aging. Following the onset of his condition in December 1922, his wife and two sons were appointed as his legal representatives.
Philanthropy
Pratt held leadership roles such as president of the board of trustees for the Pratt Institute and Adelphi Academy, while also serving as a trustee for Amherst and Vassar Colleges. He was actively involved with the Brooklyn Bureau of Charities among other charitable organizations.
His personal donations were substantial and included support for Adelphi Academy, Emmanuel Baptist Church in Brooklyn, Amherst College, and Vassar College. During his tenure as a Vassar trustee from 1896 until 1920, he contributed more than $800,000 toward projects including the college’s outdoor theater, artificial lake, and landscaped gardens—elements that received national acclaim. The Pratt House at Vassar, completed in 1915 by architects York and Sawyer, functioned as housing for the warden. Additionally, he bolstered both the endowment and infrastructure of Pratt Institute; in 1910 he and his siblings collectively donated $1.75 million to the institution.
At Amherst College, where he served as trustee from 1897 to 1921, Pratt financed construction projects such as a gymnasium, dormitory, and other facilities. Notably, he was the first alumnus to fund a building—the Pratt Gymnasium (1883), which was later transformed into the Pratt Museum (1942) before reopening as the Charles M. Pratt Dormitory in 2007. The Morris Pratt Dormitory (1911) was established in memory of his son Morris, who passed away during his undergraduate studies at Amherst.
Personal life
Pratt was wed to Mary Seamoor Morris, the daughter of Connecticut Governor Luzon B. Morris. Together, they had five children:
- Morris Pratt (1885–1910)
- Theodore Pratt (1887–1977), who married Laura Merrick and had three children
- Margaret Richardson Pratt (1889–1919), married to Frank J Frost with two children
- Katherine Eugenia Pratt (1891–1981), spouse of Burton Parker Twichell, with four children
- Richardson Pratt (1894–1959), married Laura Cecelia Parsons and had two children
At the time of his death in 1935, Pratt was a member of the Alpha Delta Phi fraternity and the Nassau Country Club. His past affiliations also included the New York Yacht Club, The Nineteenth Century Club, Brooklyn Club, Hamilton Club, and Montauk Club.
Death and services
Pratt passed away on November 26, 1935, at his Glen Cove estate named Seamoor. He had been in declining health since late 1922, with his mental condition deteriorating further following the January 1935 death of his brother George Dupont Pratt. He left behind his wife, sons Richardson and Theodore Pratt, daughter Katherine Eugenia (Mrs. Burton Parker Twitchell), three brothers, and a sister. Private funeral services were conducted at Seamoor by Reverend S. Parkes Cadman of Brooklyn's Central Congregational Church.
Legacy and honors
In 1903, Yale University awarded Pratt an honorary degree in recognition of his achievements.
Upon his passing, $150,000 from Pratt’s estate was designated for educational and religious organizations. While the majority of his assets were bequeathed to his widow and three children, additional legacies were given to institutions such as Pratt Institute, Vassar College, Amherst College, Emmanuel Baptist Church in Brooklyn, the Brooklyn Bureau of Charities, the International Committee of the Young Men's Christian Association, Pomona College, and the Presbyterian Church in Glen Cove.
A 1938 appraisal estimated the net worth of the C. M. Pratt estate at $20 million, with a gross valuation exceeding $22 million. The estate primarily consisted of stocks and bonds. State inheritance taxes totaled over $3.3 million alongside federal tax obligations.
His widow died on October 24, 1947, at their home Seamoor in Glen Cove.
Estates
Pratt owned multiple distinguished properties. The Charles Millard Pratt House at 241 Clinton Avenue in Clinton Hill, Brooklyn—designed by William Tubby in 1893—is a notable example of Romanesque Revival architecture. Currently under the ownership of the Roman Catholic Diocese of Brooklyn, it serves as the residence for the Bishop of Brooklyn. A significant restoration project took place in 2014, including Brazilian American artist Sergio Rossetti Morosini’s work to reconstruct stone staircases and refurbish the brownstone façade.
His winter residence in Ojai, California—also named the Charles M. Pratt House—was completed in 1909 by Greene and Greene on a 54-acre property. Architectural Digest praised this home as an “American masterpiece.”
Beginning circa 1890, Pratt developed Seamoor as a summer estate in Glen Cove, New York; by the time of his death in 1935, it spanned nearly 150 acres. The mansion was designed by New York architectural firm Lamb & Rich. In 1903, a barn fire claimed twelve horses but was covered by insurance. By 1930, Seamoor’s assessed value approached $7 million. The property also included homes for nine family members such as Representative Ruth Baker Pratt and Harold I. Pratt.
Eventually subdivided, portions of the estate were donated to Glen Cove for public use and have since been transformed into facilities including a golf course, tennis courts, a restaurant, and related amenities.
External links
- Articles with short description
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- 1855 births
- 1935 deaths
- New York (state) philanthropists
- American oil industry entrepreneurs
- Alumni of Amherst College
- Residents of Clinton Hill, Brooklyn
- Residents of Glen Cove, New York
- Vassar College Board of Trustees members
- Charles Pratt family
- New York City business figures
- 19th-century American entrepreneurs
- 20th-century American entrepreneurs
- Pratt Institute presidents
- American businesspeople in the oil industry