University of Texas MD Anderson Cancer Center
MD Anderson was created by an act of the Texas Legislature in 1941, making it a part of The University of Texas System and was established by the National Cancer Act of 1971. Today it is one of 49 Comprehensive Cancer Centers designated by the National Cancer Institute. The cancer center provided care for more than 137,000 patients in Fiscal Year 2017 and employs more than 20,000 people.
Monroe Dunaway Anderson
Monroe Dunaway Anderson (1873–1939) was a banker and cotton trader from Jackson, Tennessee. With William L. Clayton, Anderson built Anderson, Clayton and Company (formed in 1904 by his brother Frank E. Anderson and Frank's brother-in-law, William L. Clayton) into the world's biggest cotton company. In the event of one of their deaths, the partnership would lose a large amount of money to estate taxes and might be forced to dissolve. In order to avoid this, Anderson created the M.D. Anderson Foundation with an initial sum of $300,000. In 1939, after Anderson's death the foundation received an additional $19 million.