Born in 1895, W.A. “Monty” Moncrief was one of Texas’ legendary wildcatters. During the Great Depression, he discovered a 6 billion-barrel East Texas oilfield. Monty's son, W.A. "Tex" Moncrief, Jr. eventually took over the reins of the family oil business, and at one point, he was on the Forbes billionaire list. Moncrief also took the reins of the family's philanthropic vehicle, the William A. and Elizabeth B. Moncrief Foundation, which has a long history of giving in Texas and was founded by his parents in the 1950s. The 95-year-old Moncrief currently serves as president of the foundation and his sons, R.W. and C.B., are on the foundation's board as well.
I recently wrote about Moncrief's big $25 million gift to University of Texas Southwestern Medical Center to establish the Monty and Tex Moncrief Medical Center at Fort Worth. The family has a long history of giving at UT, where Moncrief, C.B. and R.W. graduated. Moncrief has given some $14 million for programs at the Dallas campus of UT Southwestern alone. Moncrief Cancer Institute, as well, is an affiliate of UT Southwestern Harold C. Simmons Comprehensive Cancer Center, and has been supported with millions over the years.
Other health outfits have received recent money from Moncrief, including All Saints Health Foundation, which supports the Baylor All Saints Medical Center at Fort Worth, Cancer Care Services, and Texas Scottish Rite Hospital for Children, a "pediatric center for the treatment of orthopedic conditions, certain related neurological disorders and learning disorders, such as dyslexia."
Moncrief also has an interest in human services and antipoverty outfits. Recent money has gone to Tarrant County Food Bank in Fort Worth, Meals on Wheels, and Presbyterian Night Shelter. Support has also gone to support arts and culture in Texas, with recent money going to the Modern Art Museum of Fort Worth, and Kimbell Art Museum.
A component of Moncrief's philanthropy also involves animals, with support going to Companion Pet Center, and Saving Hope Foundation, which is dedicated to "ending animal euthanasia, preventing abuse, offering discounts on vaccines, and facilitating adoptions."
It's worth noting that much of this philanthropy focuses specifically on Fort Worth, Texas. According to the most recent tax records available, the foundation gave away under $700,000 and held nearly $2.4 million in assets. Unfortunately, the foundation doesn't have much of a web presence, or a clear way for grantseekers to get in touch. Down the line, though, grantseekers working in this region should keep an eye on what Moncrief's children are up to for the impending third generation of Moncrief Texas philanthropy.