Margaret Fennelly Grace, or Margie as her friends know her, is the wife of the late J. Peter Grace.  Peter and Margie are the parents of nine children, grandparents of 25 and great-grandparents of five. A graduate of Cathedral High School, Manhattan, and Fordham College, Bronx, Margie has done graduate studies at Fordham University, Darlington Seminary, New Jersey, and Notre Dame University, Indiana.

During the Second Vatican Council Margie worked in Rome with a small group of friends of Leon Josef Cardinal Suenens of Brussels, Belgium, a man who played a very important role as one of the Four Moderators of the Council. This group assisted the Cardinal by arranging meetings on such issues as ecumenism, world poverty, marriage and religious commitment.

Following the Council, Margie worked with the Cardinal in planning his trips to the United States until his death in 1996 at 92 years of age.  The spirit of Cardinal Suenens' ideas continues to this day through the Cardinal Suenens Center at John Carroll University in Cleveland, which Margie founded in 1996.

Margie Grace is a member of the Dames of the Order of Malta and the Ladies of the Holy Sepulchre. She has received the Elizabeth Ann Seton Medal from St. John’s University, New York, and was honored in December 2002 by Catholic Charities of the Archdiocese of New York and the Ladies of Charity.  Margie has been awarded honorary degrees from St. Michaels College, Vermont; Trinity College, Washinton, D.C., and the University of Steubenville, Ohio.