Business and civic affairs Following his 1907 graduation from Harvard University, Stern began his employment with Lehman, Stern and Company in New Orleans in the cotton trade. Stern served as president of the
New Orleans Cotton Exchange in 1927 and 1928. He also became involved in civic affairs, being elected to the
Orleans Parish School Board and the
Board of Directors for
Charity Hospital of New Orleans in 1912. His involvement in business matters extended beyond cotton trading, and so he was elected president of the New Orleans Association of Commerce in 1915, a forerunner of the local
Chamber of Commerce. Stern also became a director of the
New Orleans Public Belt Railroad in 1916. This organization later evolved into the Bureau of Governmental Research. In 1947 Stern and his family purchased New Orleans radio station
WDSU from the Stephens Broadcasting Co. Stern, together with his son Edgar Jr., then opened WDSU-TV one year later, its first broadcast being on December 18, 1948. This television station was the first in Louisiana, the 6th major television station in the South, and one of the first 50 stations in the United States. Author
Gerda Weissmann Klein published a list of business and civic positions that Stern held as of 1953.
Dillard University Stern's involvement with Dillard University and Flint-Goodridge Hospital began with a solicitation in 1928 by Edwin R. Embree, then president of the
Rosenwald Fund, concerning the educational and health care needs of African-Americans in the city of New Orleans. At about the same time, the president of Straight College sought Stern's financial aid for the college. A possible merger of
historically black Straight College and
New Orleans University was under discussion by leaders of each institution, reasoning that each was fairly weak but the combined universities would be strong. Additionally, the Rosenwald Fund was interested in developing centers for education of African-Americans, believing that New Orleans could be one of those centers if the two institutions merged. Edith Stern's biographer
Gerda Weissmann Klein wrote that, while Edgar Stern had no prior convictions about African-American affairs, "he had strong convictions about right and wrong, along with a keen perception of social injustice, the debris of which was all around him". These circumstances led to Stern's immersion in addressing the educational needs of African-Americans. This was initially a $15 million, 1000-home development in the
Gentilly section of New Orleans. With a $145,000 grant in 1955, he funded a project by the Governmental Affairs Institute of Washington, DC, a project to compile statistics on elections in the United States. ==Personal life==