Isabel's father was Commodore George H. Perkins of Contoocook, New Hampshire, who was the commander of the USS Cayuga during the American Civil War.
The first erroneous report of the $17 million figure appeared when the Boston Globe ran a front page story on the Isabel's marriage to Larz Anderson in 1897.
At the age of nineteen, Isabel took a year long trip to Europe with her chaperone Maud Howe Elliot.
Anderson held a number of diplomatic posts, including a short stint as United States Ambassador to Japan.
During World War I, Isabel worked for the American Red Cross as a volunteer of the District of Columbia Refreshment Corps.
She was a leader of Washington's Red Cross activities and Belgian relief work, then spent eight months in 1917 and 1918 caring for the war's sick and wounded in France and Belgium.
The Andersons used this as their winter residence from approximately New Years through the beginning of Lent, except when they were traveling abroad or aboard their private steam yacht, The Roxana.
Isabel Anderson's money also built a bridge across the Charles River connecting Boston and Cambridge, Massachusetts.
To this estate, which had been in Isabel's family for generations, the Andersons added a twenty-five room mansion that they used for summers and Christmas holidays.
[11] After Larz's death, Isabel donated 30 of their bonsai to the Arnold Arboretum of Harvard University along with the funds necessary to build a shade house for their display.
Following her death, the remaining nine trees were donated to the Arboretum including an 80-year-old hinoki cypress that had been given to the Andersons by the Emperor of Japan.
[13] In 1954, the gilded sculpture was donated to Boston College and is now considered synonymous with the "BC Eagle", the university's mascot.