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LUCILLE P. MARKEY CHARITABLE TRUST, 1983-1996

Size: 155 reels of 35mm microfilm

Contents: The records are closed until 2007. With the permission of the Executive Director of the Center, access may be granted to portions of the collection.

Arrangement: The collection is arranged in eight series:
  • Scholarships and Fellowships
  • Research Program Grants
  • General Organizational Grants
  • Program Development
  • Trustees' Minutes and Correspondence
  • Financial Administration and Reports
  • General Correspondence
  • Photographs, Scrapbook and Publications
Photograph Collection: Yes

Organizational History: The Lucille P. Markey Charitable Trust was established as a limited term trust in the will of Lucille P. Markey in 1975. The trust began operation in 1983 and terminated in 1997. Mrs. Markey was the owner of the Calumet Farm, the thoroughbred breeding and racing concern. The bulk of her estate however, derived from a large interest in an oil and gas lease in Texas inherited from her first husband, Warren Wright, the owner of the Calumet Baking Powder Company. In an effort to ensure that the distribution of her assets were monitored by those who understood the nature of her interests, Mrs. Markey nominated several close associates as trustees.

Mrs. Markey designated that her fortune be dedicated to "human health," which was later formally translated into the support of "basic medical research" in her will. During the fourteen-year term of the trust, over $500 million was distributed in three broad categories:

Institutional Grants
  • Research Program Grants to recognized senior scientists
  • General Organizational Grants, toward the training and education of Ph.D.'s and M.D.'s pursuing careers in biomedical research
Individual Grants
  • Scholarships and Fellowships to younger researchers

Did you know...

By 1903 John D. Rockefeller Sr. had made donations to at least 800 different institutions and to more than 670 individuals.