Monroe Dunaway Anderson (1873–1939) was a banker and cotton trader from Jackson, Tennessee. With his brother-in-law, William L. Clayton, Anderson built Anderson, Clayton & Co 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.
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