Children: Natalie Price Guggenheim Short
Edmond A. Guggenheim was a philanthropist and an heir to one of the largest family fortunes in U.S. history. He was the son of Murry Guggenheim (Daniel Guggenheim's brother) and the grandson of Meyer Guggenheim, who immigrated from Switzerland and, starting as an itinerant peddler, built an immense mining and smelting empire. Edmond Guggenheim helped supervise the family's copper holdings for nearly fifty years. He built Guggenheim Camp on Lower Saranac Lake, which he owned from 1917 to 1963. His sister was Lucille Guggenheim.
Mr. Guggenheim's philanthropy supported a number of local institutions, including:
Guggenheim Center - Deeded Rock Ledge and Idle Point parcels to Wadhams Hall, 1963. - $85,000 to be used to build a dorm, dining hall and chapel / classroom to house the Summer Language Institute, where seminarians were prepared for work in the Latin American Missions, 1963. - $50,000 to be invested and income used to maintain the buildings and property, 1968.
Saranac Lake General Hospital / Adirondack Medical Center - $700,000 to construct the third floor of the new hospital on Lake Colby Drive in memory of his first wife Marron Price Guggenheim. - $300,000 bequest to the hospital.
Saranac Lake Free Library - $27,000 to build the Natural History Room and the Charles Dickert memorial wing. - Contributed to the purchase of the William C. Munson Collection of over 500 pieces of material on the Adirondacks covering 1837-1949.
Additional Bequests - $30,000 to North Country Community College - $50,000 to St. Bernard's Church to assist in building the new church. - $35,000 donated land value on which Trudeau Institute was built on the former site of the Algonquin Hotel. - Financial support for the Saranac Lake Golf Club
Source: Guggenheim Camp History Day display, created by Liz Bennett, 2008. View display for individual sources.
New York Times, November 21, 1939
GUGGENHEIM LEFT $5,000,000 TO FUND
Financier's Will Increases Foundation Set Up by Him and Wife to Aid Mankind
GOLDWATER'S HELP ASKED
Urged to Advise on Dental Clinics—Residue in Trust for Widow and Kin
Murry Guggenheim, financier and philanthropist, who died last Wednesday at the age of 81, left $5,000,000 to the Murry and Leonie Guggenheim Foundation, it was revealed yesterday when his will was filed for probate.
In the will, drawn June 9, 1938, the senior member of Guggenheim Brothers bequeathed to his widow, Leonie Guggenheim of 998 Fifth Avenue, his household and personal
effects, real property at 121 East Eighty-third Street and in Colorado, and a life interest in his residuary estate…
Son Named Executor
Edmond A. Guggenheim, son, of the Hotel Pierre, who was named sole executor, receives his father's interest in the enterprises of the firm of Guggenheim Brothers known as the Minerec enterprise, the sulphur recovery enterprise and the sewage disposal enterprise. He also receives $400,000 cash and, after the death of his mother, a life interest in one-half of her trust.
Jean E. Bonar, granddaughter, of the Hotel Pierre, succeeds to the other half of the income of the residuary trust after the death of her grandmother. If her grandmother should die before her she is to receive $250,000 of the principal of the trust when she is 21 years old. Lucille G. Bonar, daughter of Mr. Guggenheim and mother, of Jean, and Natalie G. Bowden, granddaughter of the testator and daughter of Edmond A. Guggenheim, both have contingent interests in the principal of the trust for the widow…
Lake Placid News, August 17, 1917
The two Limburg camps on Lower Saranac Lake, Rock Ledge and Idle Point, will pass into the possession of Edmond Guggenheim shortly. Mr. Guggenheim, who occupied them last summer with his father, Daniel Guggenheim, leased the Floyd-Jones camp this year, while the Limburg camps have been occupied by their owner, Mrs. Richard Limburg.
New York Times, June 13, 1910
Edmond Guggenheim Weds. Miss Marron Price His Bride
Recently in Trouble for Speeding.
Edmond Alfred Guggenheim, son of Murry Guggenheim of 20 West Seventy-sixth Street, was married yesterday afternoon in the presence of a few relatives and intimate friends to Miss Marron Bertha Price in the latter’s apartment, 2 West Eighty-ninth Street, by Rabbi Joseph Silverman. Immediately after the wedding the couple started for Colorado, where young Mr. Guggenheim, who is just out of Yale, is to manage one of his father’s mines.
The bride, whose father and mother are both dead, was a daughter of the late Edward Price, and has lived with her sister. Young Mr. Guggenheim is a nephew of Daniel and Isaac Guggenheim and of Senator Simon Guggenheim of Colorado. He was in trouble with the authorities for automobile speeding two weeks ago and promised not to drive a motor in this State again.
2011-07-17 16:46:03 Mr. Guggenheim's father was Murray Guggenheim, not Daniel. —22.214.171.124