Spencer Truman Olin was an American

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 industrialist and philanthropist. He was an executive of the Olin Corporation, founded in 1892 by his father, Franklin W. Olin

Franklin W. Olin

Franklin Walter Olin was the founder of the Olin Corporation.He was born in Woodford, Vermont and his father built mills and waterwheels. He studied civil engineering at Cornell University, where he also played baseball; he would play as an outfielder in the American Association for two seasons...

. He was very active in the Republican Party

Republican Party (United States)

The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...

 throughout much of his adult life and served as the party's national finance chairman from 1958 to 1960 and treasurer of the National Republican Committee from 1960 to 1962.

He married Ann Whitney. They established the Spencer T. & Ann W. Olin Foundation, which funds environmental groups and health and medical education and services.

Spencer Olin died at his home in Jupiter Island

Jupiter Island

Jupiter Island is a barrier island on the coast of Martinand Palm Beach counties, Florida. It is bounded on the east by the Atlantic Ocean, on the north by the St. Lucie Inlet, on the west by the Indian River, and on the south by the Jupiter Inlet...

, Florida

Florida

Florida is a state in the southeastern United States, located on the nation's Atlantic and Gulf coasts. It is bordered to the west by the Gulf of Mexico, to the north by Alabama and Georgia and to the east by the Atlantic Ocean. With a population of 18,801,310 as measured by the 2010 census, it...

in 1995 at age ninety-four.