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M. D. Anderson Foundation

Profile

Last Updated: 2016-06-06

At A Glance

M. D. Anderson Foundation

P. O. Box 2558

Houston, TX United States 77252-8037

Telephone: (713) 216-8138

URL: www.mdanderson.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $124,003,501

Total giving: $5,129,500

EIN

300129656

BRIDGE Number

1185292262

Background

Established in 2003 in TX as a successor foundation to the first M.D. Anderson Foundation - Founded by the late M.D. Anderson, co-founder of Anderson, Clayton & Co. The company was a partnership between M.D. Anderson, his older brother Frank and Frank’s brother-in-law, Will Clayton, to engage in buying and selling cotton. Anderson, Clayton & Co. came to be the world's largest merchant of raw cotton and for nearly a century it was known as “King Cotton.” In the mid-1930s, M.D. Anderson and co-founder Will Clayton owned more than half the corporation’s stock. The foundation received $19,000,000 after M.D. Anderson's death in 1939.

Purpose and Activities

Giving for: 1) the improvement of working class conditions among workers generally, as well as among particular classes of unskilled, skilled, and agricultural workers; 2) the establishment, support, and maintenance of hospitals, homes, and institutions for the care of the sick, the young, the aged, the incompetent, and the helpless; 3) the improvement of living conditions among people generally, as well as in particular sections or localities; and 4) the promotion of health, science, education, and advancement and diffusion of knowledge and understanding among people.

Fields of Interest

Subjects
  • Education
  • Employment
  • Health
  • Hospital care
  • Human services
  • Medical specialties
  • Public administration
  • Public policy
  • Senior services
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Coalitions and alliances

Financial Data

Year ended 2014-12-31

Assets: $124,003,501 (market value)

Expenditures: $6,232,947

Total giving: $5,129,500

Qualifying distributions: $5,404,755

Giving activities include:

$5,129,500 for 106 grants (high: $250,000; low: $3,000)