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The Robert and Janice McNair Foundation

Profile

Last Updated: 2016-06-07

At A Glance

The Robert and Janice McNair Foundation

109 N. Post Oak Ln., Ste. 600

Houston, TX United States 77024-7753

URL: mcnairfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business; Sports
  • Family foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $93,346,821

Total giving: $15,928,535

EIN

766050185

BRIDGE Number

7204908662

Background

Established in 1988 in TX - Founded by Robert C. McNair and Janice McNair. Mr. McNair is the founder of the energy company Cogen Technologies, which Enron and CalPERS purchased in 1999. He is currently the Chairman of The McNair Group, a financial and real estate firm, the owner of Palmetto Partners, Ltd, a private investment company, and the owner of the National Football League's Houston Texans

Purpose and Activities

The mission of the foundation is to help find cures for breast and pancreatic cancer, diabetes and neurological problems by funding research by outstanding McNair Scholars and to prepare youth through educational means for productive and enriched lives with respect to work, family and service to others.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

McNair Scholars

Funding to "rising stars" in the medical field to find a cure for juvenile diabetes, breast or pancreatic cancer, or research in neurosciences.

Fields of Interest

Subjects
  • Arts and culture
  • Brain and nervous system disorders
  • Breast cancer
  • Community and economic development
  • Diabetes
  • Disasters and emergency management
  • Diseases and conditions
  • Education
  • Higher education
  • Opera
  • Pancreatic cancer
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $93,346,821 (market value)

Gifts received: $30,449,205

Expenditures: $16,501,399

Total giving: $15,928,535

Qualifying distributions: $16,239,893