Pic of the Day

Breakfast of Champions at M.D. Anderson.

The cancer center is named after Monroe Dunaway Anderson, a banker and cotton trader from Jackson, Tennessee. He was a member of a business partnership with his brother-in-law Will Clayton. Their company became the largest cotton company in the world. Anderson feared that in the event of one of the partners' deaths, the company would lose a large amount of money to estate tax and be forced to dissolve. To avoid this, Anderson created the MD Anderson Foundation in 1936 with an initial sum of $300,000. In 1939 after Anderson's death, the foundation received $19 million.