page_title: J. P. Morgan Jr.
section_title: Personal life
hierarchical_section_title: J. P. Morgan Jr. / Personal life
caption_attribution_description: House formerly belonging to Jack Morgan, currently part of the J.P. Morgan Library and Museum.
context_page_description: John Pierpont "Jack" Morgan Jr. was an American banker, finance executive, and philanthropist. He inherited the family fortune and took over the business interests including J.P. Morgan & Co. after his father J. P. Morgan died in 1913.
  After graduating from St. Paul's School and Harvard, Morgan trained as a finance executive working for his father and grandfather. He became a banking financier, a lending leader, and a director of several companies. He supported the New York Lying-In Hospital, the Red Cross, the Episcopal Church, and endowed the creation of a rare book and manuscript collection at the Morgan Library.
  Morgan brokered a deal that positioned his company as the sole munitions and supplies purchaser during World War I for the British and French governments, bringing his company a 1% commission on $3 billion. He was also a banking broker for financing to foreign governments both during and after the war.
context_section_description: In 1890, Morgan married Jane Norton Grew (1868–1925), daughter of Boston banker and mill owner Henry Sturgis Grew. She was the aunt of Henry Grew Crosby. The couple raised four children:
  Junius Spencer Morgan III (1892–1960), who married Louise Converse (1895–1974), daughter of Frederick Shepherd Converse, in 1915.
  Jane Norton Morgan Nichols (1893–1981), who married George Nichols (1878–1950).
  Frances Tracy Pennoyer (1897–1989),  who married Paul Geddes Pennoyer (1890–1970), a lawyer, in 1917.
  Henry Sturgis Morgan (1900–1982), a founding partner of Morgan Stanley who married Catherine Lovering Adams (1902–1988), daughter of Charles Francis Adams III, descendants of the 2nd U.S. President, John Adams.
  Alice Morgan, who died at a young age of typhoid fever.
caption: Jack's brownstone, now part of the Morgan Library
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