Philanthropist
She established the Neuroendocrine Research Foundation at Harvard Medical School, and subsidized the publication of the journal Endocrinology. Katharine's mother Josephine died on November 16, 1937 at age 91 leaving Katharine an estate of more than 10 million dollars. Stanley died on January 19, 1947 at age 72 leaving an estate of over 35 million dollars to Katharine. She spent five years settling his estate, most of which went to pay inheritance taxes.
In 1953 McCormick met with Gregory Goodwin Pincus. Pincus had been working on developing a hormonal birth control method since 1951. McCormick agreed to fund Pincus research into oral contraception and she and Pincus persuaded Dr. John Rock to conduct human trials. The Food and Drug Administration (FDA) approved the sale of the Pill in 1957 for menstrual disorders and added contraception to its indications in 1960. McCormick had provided almost the entire $2 million it took to develop and test the oral contraceptive pill. She continued to fund birth control research through the 1960s.
While MIT was always coeducational it could only provide housing to about fifty female students. Therefore, many of the women who attended MIT had to be local residents. However, the place of women at the Institute was far from secure as Katharine Dexter told Dorothy Weeks (a physicist and mathematician who earned her master's and doctorate from MIT) that she had lived "in a cold fear that suddenly--unexpectedly--Tech might exclude women...".
In order to provide female students a permanent place at MIT, she would donate the money to found Stanley McCormick Hall, an all female dormitory that would allow MIT to house 200 female students. The ramifications of the hall are best stated by William Hecht '61, executive vice president of the Association of Alumni and Alumnae of MIT when he said, "the visible presence of women at MIT helped open up the science and engineering professions to a large part of the population that before had been excluded. It demonstrated beyond a shadow of a doubt that at MIT men and women are equal."
Following her death in 1967, aged 92, her will provided $5 million to Stanford University School of Medicine to support female doctors. $5 million to the Planned Parenthood Federation of America, which funded the Katharine Dexter McCormick Library in New York City, and $1 million to the Worcester Foundation for Experimental Biology.
Katharine McCormick is a character in T.C. Boyle's novel Riven Rock (1998), which is mainly about her husband Stanley's mental illness.
She was inducted into the Michigan Women's Hall of Fame in 2000.
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