A museum and independent research library located in the heart of New York City, the Morgan Library & Museum began as a personal library of financier, collector, and cultural benefactor, Pierpont Morgan. As early as 1890 Morgan had begun to assemble a collection of illuminated, literary, and historical manuscripts, early printed books, and old master drawings and prints. Mr. Morgan's library, as it was known in his lifetime, was built between 1902 and 1906 adjacent to his New York residence at Madison Avenue and 36th Street. Designed by Charles McKim of the architectural firm McKim, Mead & White, the library was intended as something more than a repository of rare materials. Majestic in appearance yet intimate in scale, the structure was to reflect the nature and stature of its holdings. The result was an Italian Renaissance-style palazzo with three magnificent rooms epitomizing America's Age of Elegance. Completed three years before McKim's death, it is considered by many to be his masterpiece. In 1924, eleven years after Pierpont Morgan's death, his son, J. P. Morgan, Jr. (1867–1943), known as Jack, realized that the library had become too important to remain in private hands. In what constituted one of the most momentous cultural gifts in U.S. history, he fulfilled his father's dream of making the library and its treasures available to scholars and the public alike by transforming it into a public institution.

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