NET WORTH: $4.9 billion
SOURCE OF WEALTH: Keystone Group
FUNDING AREAS: Education & Youth, Health & Human Services, Texas Community
OVERVIEW: Robert Bass and his wife Anne move their philanthropy through the Anne T. & Robert M. Bass Foundation, which gave away around $4.3 million. The couple's giving focuses on the Fort Worth area. They have also given tens of millions to Stanford and Duke.
BACKGROUND: A Fort Worth native born in 1948, Robert M. Bass graduated from Yale University and the Stanford Graduate School of Business. In 1959, he inherited $2.8 million from oil tycoon uncle Sid Richardson. He began his business career at Wells Fargo Bank and returned to Fort Worth after graduating from Stanford. Bass is president of Keystone Group, where he is responsible for investments in securities, financial services, manufacturing, information services, real estate, oil, and gas. He is also founding partner of the Oak Hill Venture Partners and chairman of Aerion Corporation.
EDUCATION & YOUTH: Bass and Anne both hold degrees from Stanford and gave $30 million to the Stanford Graduate School of Business. The Basses gave $25 million to Stanford in the early 1990s. The family has supported Duke University, where one of their children graduated. They gave $10 million to the school in the 1990s and later created Bass Connections, a program designed to encourage interdisciplinary study and collaboration between the university’s students and faculty with a $50 million gift. The couple has supported Rockefeller University and Anne's undergraduate alma mater, Smith College, home to the Bass Chair in Earth Systems and GeoSciences
Away from higher education, the couple have given particularly strong support to Brite Divinity School (home to the Bass Conference Center), Middlesex School, and Trinity Valley School, the recent recipient of a seven-figure gift. Anne is an honorary trustee of Brite Divinity. Robert and Anne are Middlesex School parents and pledged $25 million to the school. Support has gone to Boys & Girls Clubs, Gill Children's Services, and Woodside School Foundation.
HEALTH & HUMAN SERVICES: The Bass foundation has supported Salvation Army, The Women's Center of Tarrant County, United Community Centers, Presbyterian Night Shelter, and James L. West Alzheimer Center.
TEXAS COMMUNITY: Support has gone to arts and cultural institutions Texas Ballet Theater, on whose board Bass and Anne both serve. They've helped fund All Saints Episcopal Church.
LOOKING FORWARD: Expect the couple's steady giving to continue tracking with these interests. Down the line, the next generation of Bass giving may show new directions.
Anne T. & Robert M. Bass Foundation
201 Main Street, No 2300
Fort Worth, TX 76102