The American Red Cross of Eastern Pennsylvania is mourning the loss of Pennsylvania investor and philanthropist, Warren V. “Pete” Musser, whose generosity made an impactful, and lasting difference on both the humanitarian and biomedical services of the organization.
Musser died early Monday, November 25, at the age of 92.
Musser founded Safeguard Scientifics, a venture capital investment firm in Radnor. Its name is emblazoned on the Red Cross of Eastern Pennyslvania’s humanitarian headquarters located at 23rd and Chestnut Streets in Philadelphia, a nod to the company that donated the building.
A photo of Musser with his golden retriever hangs in the lobby, greeting everyone who enters. Under the photo a sign reads, “This building is the result of the vision of many people, foremost of whom is WARREN V. (PETE) MUSSER whose great generosity, leadership and example have made the Safeguard Scientifics American Red Cross Headquarters Building a reality.”
Less than three miles away is an American Red Cross building that dons Musser’s name, the Musser Blood Center on Spring Garden Street. Musser advocated for the building alongside his wife, the late Betty K. Musser. The Musser Blood Center is the largest blood manufacturing center in the Northeast and also holds a one-of-a-kind research lab.
Known as a great philanthropist, Musser was a generous donor to the American Red Cross of Eastern Pennsylvania and has certainly left a lasting legacy in the region.