Funding Amount

Varies

Deadline

Rolling / Open

Grant Type

foundation

Overview

McDermott Legacy Fund

Overview: Investment fund established to advance San Antonio's bioscience ecosystem.

Primary Goals:

  • Create jobs for local medical and science graduates

  • Attract educated professionals to San Antonio
  • Historical Investment:

  • Between 2009 and 2017, invested over $2.4 million in local bioscience startups

  • Average of approximately $300,000 per year
  • Focus Areas: Bioscience startups in San Antonio

    Geographic Scope: San Antonio, Texas

    Contact: VelocityTX

  • Address: 1305 E Houston St. San Antonio, TX 78205
  • What Texas Research and Technology Foundation actually gave

    Source: IRS Form 990-PF, 2022 — the most recent filing with itemized grants

    Grants in 2022
    1
    Total given
    $121K
    Median grant
    $121K
    • By dollars: Texas 100%. Top recipient cities: San Antonio, TX.

    Example grants

    • Community House Charitable Trust · San Antonio, TX

      Program Service

      $121K

    IRS Form 990-PF, 2022. Amounts as reported by the funder. Full 990 history →

    Focus Areas & Funding Uses

    Fields of Work

    startupsscience-research

    Categories

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