Edward W. Carter (June 29, 1911 – April 25, 1996) was an American businessman,

philanthropist Philanthropy is a form of altruism that consists of "private initiatives for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...

and art collector. He served as the president of

Broadway Stores Broadway Stores, Inc., was an American retailer based in Southern California. Known through its history as Carter Hawley Hale Stores and Broadway Hale Stores over time, it acquired other retail store chains in regions outside its California home b ...

and chair of the

University of California Board of Regents The Regents of the University of California (also referred to as the Board of Regents to distinguish the board from the corporation it governs of the same name) is the governing board of the University of California (UC), a state university sys ...

, and was the owner of the

Hannah Carter Japanese Garden The Hannah Carter Japanese Garden is a private Japanese garden located in Bel Air, Los Angeles, California. Known as Shikyo-en when completed in 1961, it emphasizes water, stones, and evergreen plants. The naturalistic hillside site features strea ...

Early life

Carter was born on June 29, 1911, in

Cumberland, Maryland Cumberland is a city in Allegany County, Maryland, United States, and its county seat. At the 2020 United States census, 2020 census, the city had a population of 19,075. Located on the Potomac River, Cumberland is a regional business and comm ...

.Nancy Rivera Brooks
Edward Carter of Broadway Stores Dies of Cancer
''

Los Angeles Times The ''Los Angeles Times'' is an American Newspaper#Daily, daily newspaper that began publishing in Los Angeles, California, in 1881. Based in the Greater Los Angeles city of El Segundo, California, El Segundo since 2018, it is the List of new ...

'', April 26, 1996Agis Sapulkas
Edward W. Carter, 84, Retailer And a Pioneer of Shopping Malls
''

The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...

'', April 27, 1996Harvard Business School
/ref>Edward W. Carter, 84, Retailing Executive
, ''

Sun-Sentinel The ''Sun Sentinel'' (also known as the ''South Florida Sun Sentinel'', known until 2008 as the ''Sun-Sentinel'', and stylized on its masthead as ''SunSentinel'') is the main daily newspaper of Fort Lauderdale, Florida, and Broward County, an ...

'', April 26, 1996 His father died when he was nine years old, and he moved to

Los Angeles, California Los Angeles, often referred to by its initials L.A., is the List of municipalities in California, most populous city in the U.S. state of California, and the commercial, Financial District, Los Angeles, financial, and Culture of Los Angeles, ...

shortly after with his mother, Rose Price Carter, and sister, Ruth. He attended

Hollywood High School Hollywood High School is a four-year public secondary school in the Los Angeles Unified School District, located at the intersection of North Highland Avenue and West Sunset Boulevard in the Hollywood district of Los Angeles, California. His ...

, and worked through his school and college. He graduated from the

University of California, Los Angeles The University of California, Los Angeles (UCLA) is a public university, public Land-grant university, land-grant research university in Los Angeles, California, United States. Its academic roots were established in 1881 as a normal school the ...

(UCLA) and received a Master's in Business Administration from the

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

. He was offered a teaching position at Harvard, but turned it down to focus on his business career.

Career

In 1945, Carter served as an executive of

, later endowed with 150 stores and sales of $7.5 billion a year. After the

Second World War World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the wo ...

, he opened new stores on American freeways. In 1946, his Crenshaw Center on the outskirts of Los Angeles was one of the first shopping centers in the United States. He sold some stocks to Hale Brothers & Co. and by 1950 the two companies merged. Their stores included The Emporium,

Neiman Marcus Neiman Marcus is an American department store chain founded in 1907 in Dallas, Texas by Herbert Marcus, his sister Carrie Marcus Neiman, and her husband Abraham Lincoln Neiman. It has been owned by Saks Global, a Corporate spin-off, spin-o ...

Waldenbooks Walden Book Company, Inc., doing business as Waldenbooks, was an American shopping mall-based bookstore chain and a subsidiary of Borders. The chain also ran a video game and software chain under the name Waldensoftware, as well as a children's e ...

and

Bergdorf Goodman Bergdorf Goodman Inc. is an American luxury department store based in New York City, founded in 1899 by Herman Bergdorf. , it operates a women's store and a men's store across the street from each other on Fifth Avenue in Midtown Manhattan. ...

. He served on the boards of directors of the Los Angeles Area Chamber of Commerce, the California Retailers Association, the Los Angeles branch of the

Federal Reserve Bank of San Francisco The Federal Reserve Bank of San Francisco (informally referred to as the San Francisco Fed) is the Federal Reserve, federal bank for the twelfth district in the United States. The twelfth district is made up of nine western U.S. state, states— ...

, the Northrop Aircraft Corp. and the California Bank.

Philanthropy

Carter was one of the co-founders of the

Los Angeles County Museum of Art The Los Angeles County Museum of Art (LACMA) is an art museum located on Wilshire Boulevard in the Miracle Mile vicinity of Los Angeles. LACMA is on Museum Row, adjacent to the La Brea Tar Pits (George C. Page Museum). LACMA was founded in 1961 ...

(LACMA) and the

Los Angeles Music Center The Los Angeles Music Center (officially the Performing Arts Center of Los Angeles County) is one of the largest performing arts centers in the United States. Located in downtown Los Angeles, The Music Center is composed of the Dorothy Chandler Pa ...

.The Art of Generosity
''Los Angeles Times'', October 4, 2003 A world-renowned collector of

Dutch Golden Age painting Dutch Golden Age painting is the painting of the Dutch Golden Age, a period in Dutch history roughly spanning the 17th century, during and after the later part of the Eighty Years' War (1568–1648) for Dutch independence. The new Dutch Republi ...

s, he donated 50 of them to the LACMA. He also donated the

to his alma mater, UCLA. He supported the

Los Angeles Philharmonic The Los Angeles Philharmonic (LA Phil) is an American orchestra based in Los Angeles, California. The orchestra holds a regular concert season from October until June at the Walt Disney Concert Hall and a summer season at the Hollywood Bowl from ...

and the

San Francisco Opera The San Francisco Opera (SFO) is an American opera company founded in 1923 by Gaetano Merola (1881–1953) based in San Francisco, California. History Gaetano Merola (1923–1953) Merola's road to prominence in the Bay Area began in 1906 wh ...

. He served on the regents of the

University of California The University of California (UC) is a public university, public Land-grant university, land-grant research university, research university system in the U.S. state of California. Headquartered in Oakland, California, Oakland, the system is co ...

from 1952 to 1988, and of

Occidental College Occidental College (informally Oxy) is a private liberal arts college in Los Angeles, California, United States. Founded in 1887 as a coeducational college by clergy and members of the Presbyterian Church, it became non-sectarian in 1910. It is ...

Personal life

Carter resided in

Bel Air, Los Angeles Bel Air (or Bel-Air) is a residential neighborhood on the Los Angeles Westside, in the foothills of the Santa Monica Mountains in the U.S. state of California. Together with Beverly Hills, California, Beverly Hills and Holmby Hills, Bel Air fo ...

. He was married twice. His first wife, Christine Dailey Carter, died during his lifetime. They had a son, William Carter, and a daughter, Ann Carter Huneke. He remarried to Hannah Carter, who competed on the United States Ski Team in the

1936 Summer Olympics The 1936 Summer Olympics (), officially the Games of the XI Olympiad () and officially branded as Berlin 1936, were an international multi-sport event held from 1 to 16 August 1936 in Berlin, then capital of Nazi Germany. Berlin won the bid to ...

Death

Carter died of

pancreatic cancer Pancreatic cancer arises when cell (biology), cells in the pancreas, a glandular organ behind the stomach, begin to multiply out of control and form a Neoplasm, mass. These cancerous cells have the malignant, ability to invade other parts of ...

at his home in Bel Air on April 25, 1996. His memorial service was at the St. Alban's Episcopal Church in

Westwood, Los Angeles Westwood is a commercial and residential neighborhood in the northern central portion of the Westside (Los Angeles County), Westside region of the city of Los Angeles, California. It is the home of the University of California, Los Angeles (UCL ...

References

{{DEFAULTSORT:Carter, Edward W. 1911 births 1996 deaths Businesspeople from Cumberland, Maryland People from Bel Air, Los Angeles University of California, Los Angeles alumni Harvard Business School alumni American businesspeople in retailing 20th-century American philanthropists American art collectors 20th-century American businesspeople Businesspeople from Los Angeles