Morgan Babcock Stark

1939 - April 13, 2015
Morgan Babcock Stark, 1939 - April 13, 2015

Morgan Babcock Stark, a businessman and philanthropist who supported the American Heart Association and the Perlman Music Program, died on April 13 of cancer. Mr. Stark, a resident of New York City and a summer resident of Sag Harbor, was 75.

Mr. Stark was born in 1939 to Richard Salisbury Stark and the former Carolin Babcock. He grew up in New York City, Sag Harbor, and Malibu, Calif. In 1959, he enlisted in the Marine Corps, and was stationed for four years on Okinawa in Japan. After returning to the U.S. in 1963, he attended Cornell University and New York University’s School of Commerce, and began his career at Chase Manhattan Bank in the municipal department, eventually becoming a vice president in charge of domestic and international distribution. In 1979, Mr. Stark joined Chemical Bank as a senior vice president and treasury department head. He went on to hold numerous positions in the finance industry, managing retail securities, asset sales, bank funding, liability management, and more.

He was married to Sidney Stires on June 17, 1965. The couple met during a golf outing with the Maidstone Club. Mrs. Stark said her husband will be remembered as an energetic man who loved to be a mentor to others and loved the outdoors.

“He had an enormous amount of positive energy, at all times, no matter what,” she said. “That sort of lifted other people around him, when they got tired or burned out. It was always part of his nature.”

Mr. Stark was also known for his work for more than 35 years with the American Heart Association. He was a longtime member of the association’s investment committee, and in 1999 became the founding chairman of the association’s Heritage Affiliate. “He gave over 35 years of his life to saving and improving lives for people with cardiovascular disease and was an avid supporter of the A.H.A.’s research program,” his family wrote. He also served as president of the board of directors of the Perlman Music Program, a program for young string instrument players with a summer campus on Shelter Island. While not a musician himself, he loved classical music.

“He was there because he loved what they were doing with the children,” Mrs. Stark said. “He saw the camp as something unique.”

In addition to his wife, Mr. Stark is survived by two sons, Mason Stark of New York and Nicholas Stark of Portland, Ore., and two grandchildren. A private memorial was held at the Colony Club in New York City, and another memorial will be held in the summer at the Perlman Music Program’s Shelter Island campus.

Mr. Stark was buried at Oakland Cemetery in Sag Harbor. Memorial donations have been suggested to the Perlman Music Program, which can be contacted by phone at 212-877-3230 or by email at developmentrecords@perlmanmusicprogram.org.