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| Home > About us > Overview of the Foundation | ||||
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Overview of the Foundation In 1950, James S. McDonnell established the McDonnell Foundation, incorporated as a private Foundation. The Foundation has pursued his goals by supporting scientific, educational, and charitable causes locally, nationally, and internationally. The organization was renamed the James S. McDonnell Foundation in 1984 in honor of its founder. In 2005 the Foundation awarded approximately $15.8 million in grants. Since its inception, the McDonnell Foundation has awarded over $310 million in grants. Fair market value of Foundation assets were about $501 million in 2005. The Foundation does not publish an annual report. View information about the Foundation's financial position for 2004 and 2005 (2002 and 2003). |
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