1873 - 1939
Monroe Dunaway Anderson American Business
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Monroe Dunaway Anderson is a member of the following lists: American philanthropists, 1939 deaths and 1873 births.
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Details
| First Name |
Monroe
|
| Middle Name |
Dunaway
|
| Last Name |
Anderson
|
| Birthday |
30th November, 1872
|
| Birthplace |
Jackson, Tennessee
|
| Died |
1939
|
| Place of Death |
Houston, Texas
|
| Nationality |
American
|
| Occupation Text |
Banker, cotton trader, business executive, philanthropist
|
| Occupation |
Business
|
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.
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