Background
Fuld, who was called "Carrie", grew up in Baltimore, the fifth of six children born to Elkan Bamberger, who had emigrated from Bavaria in 1840, and Theresa (Hutzler) Bamberger, who was heir to a large Baltimore department store.
Fuld, who was called "Carrie", grew up in Baltimore, the fifth of six children born to Elkan Bamberger, who had emigrated from Bavaria in 1840, and Theresa (Hutzler) Bamberger, who was heir to a large Baltimore department store.
Carrie married Louis Frank in 1883, a marriage that lasted until the latter"s death in 1910. Neither marriage produced children. Louis Bamberger and Carrie Fuld sold L. to R. H. Macy and Company in June, 1929, fortuitously before the stock market crash.
Subsequently, Carrie Fuld devoted her energies to philanthropy.
In 1931, she was elected national director of the National Council of Jewish Women. Fuld and Bamberger contributed $5 million in 1930 for its initial endowment, and approximately $18 million in all over time.
Carrie was vice-president of the nascent Institute until 1933, and thereafter was a life trustee.